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Investments

Reasons to Invest - Alberta's Advantages and Industry Sectors

Alberta's Advantages

Alberta, one of Canada's western provinces, has been blessed with an abundance of resources, all of which play an important role in its thriving economy. From our natural resources to our skilled work force and modern infrastructure, Alberta offers a great environment for business and families.

The Alberta government has built on these resources by creating an economic plan that fosters development and a positive business climate that generates investment, encourages diversity and allows businesses to compete successfully around the world. The result is one of the most vibrant and competitive economies in North America.

For more information on the advantages that this province has to offer, please see:

Alberta's Industry Sector's

Discover the opportunities in Alberta's industry sectors:

Reasons to Invest - Saskatchewan's Advantages and Industry Sectors

About 95% of all goods produced in the province directly depend on its basic resources (grains, livestock, oil and gas, potash, uranium and wood, and their refined products). In addition, the individuals and firms involved in these industries make purchasing decisions that drive the rest of the economy; farmers, mining companies, and the manufacturers processing primary products purchase the bulk of the non-resource manufactured output and business services produced in the province.

Transportation
The transportation system in Saskatchewan has a long history of innovation, and is an important element of a strong provincial economy.

Labor Market Information
Home to one of the most educated and highly-skilled workforces in the world, our province's employees are energetic, bright and hard-working.

Mineral Resources
Coal, potash - even diamonds! There's a lot under Saskatchewan's surface, and many companies are exploring and finding our rich resource base.

Oil and Gas Industry
A major industry in Saskatchewan is the oil and gas sector - you might be surprised how much of an influence it has on our provincial economy.

There are a number of means of measuring the scope and scale of the economy. The conventional method is to look at distribution of value-added activity by sector. The provincial economic accounts show that the province has moved rapidly from an agrarian and resource-based economy into a services-propelled region. This transformation has been mirrored by the shift of employment between those sectors. This approach overstates the shifts of activity away from the commodity market drivers. The move from goods to services production is at least partly the result of greater specialization. For instance, as farmers use more inputs and out-source more of their trucking and financial management, the value and employment created are now counted as manufacturing, transportation, wholesale trade, finance, or business services. The final market for many of the new processing or service jobs remains as embedded value in exported commodities: in agriculture, for example, only about 40% of the export value of our products is added on-farm.

After more than a century of commercial development, the provincial gross domestic product in 2002 was $34.5 billion, equal to about 3% of the Canadian economy. The average per capita income was approximately $34,700, equal to about 94% of the national average. The provincial average per capita income in 2002 was more than three times the global average and would earn Saskatchewan a position among the most affluent regions in the world.

IRONCO operates in other International markets such as United Arab Emirates and India. According to numerous industry experts and economists these markets will offer the highest return on investments in the near future.

Investments

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