The Town of Okotoks has made a significant jump in the Canadian Federation of Independent Business (CFIB) rankings from last year’s 25th place showing.
In the newly released CFIB report, Okotoks ranked fourth in a category featuring cities and towns with a population under 150,000. Furthermore, the Calgary periphery ranked first in the country amongst large markets.
Okotoks Mayor Bill Robertson was delighted with the report. “Improving our ranking as much as we did is good news on many levels. This report takes into consideration the scale and growth of business ownership, as well as business optimism and growth plans,” said Robertson.
Shane Olson, Economic Development Manager for Okotoks was equally excited. “On the heels of a softer national and provincial economic outlook, this fourth-place ranking for the Town reflects business confidence.”
The other major category in which Okotoks excelled had indicators associated with the actions local governments take with respect to business taxation and regulation. The Town of Okotoks does not charge a business tax for the majority of businesses allowing businesses to operate in an affordable environment while being located in a sustainable and very active community.
Olson also highlighted Okotoks as having “all the advantages of having Calgary in our back yard, the proximity to the Foothills region as well as convenient access to British Columbia.” The full CFIB report put the spotlight on 14 entrepreneurship indicators that were grouped into 3 main categories. The report is available at: http://www.cfib-fcei.ca/cfib-documents/rr3370.pdf.