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320
The number of days of sunshine Lethbridge has each year.

U of L Physics Research Team and Blue Sky Spectroscopy were part of the group behind Herschel Space Telescope's Spectral and Photometric Imaging Receiver Equipment (SPIRE) which has been awarded the prestigious Sir Arthur Clark Award for academic study an

 Home Business Cost of Doing Business Operational Costs
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Operational Costs

In Lethbridge, we understand that business success is your bottom line.

Long-term business success in our city is directly linked to the competitive advantage of lower business costs in day-to-day operations. A lower cost of doing business in our city is evident in areas such as labour, supplies and services, transportation, utilities and telecommunications.

The latest edition of the Competitive Alternatives Study by KPMG found Lethbridge to have comparatively lower cost indices across several sectors including: manufacturing, research and development, software and corporate services.

What’s more, these indices were substantially lower in the research and development sectors of biomedical research, clinical trials and electronic systems development. Both Lethbridge College and the University of Lethbridge continue to play a key role in offering lowering cost alternatives for high-tech ventures.

Core industries operating in the Lethbridge area report that our lower cost of living allows them to offer more flexible salaries and benefit rates. Employees are more likely to stay in our city and contribute to our dynamic community because of the many exceptional quality of life factors that Lethbridge has to offer.

International Detailed Cost Index
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Figure A.1
International Detailed Cost Index (By Operation)
  North America Europe Asia Pacific
Industry Lethbridge Canada US France Germany Italy Netherlands UK Australia Japan
R&D
Biotechnology 85.8 93.0 100.0 98.1 102.4 101.5 89.5 99.3 107.4 128.5
Clinical Trials 85.0 88.1 100.0 79.4 107.5 107.0 91.5 94.6 113.1 131.5
Product Testing 80.5 86.7 100.0 89.8 94.1 98.3 83.7 91.3 100.5 117.5
Software
Software Design 88.6 90.9 100.0 91.5 101.0 106.7 94.2 93.0 108.5 115.7
Digital Entertainment 85.4 77.7 100.0 99.8 100.9 101.3 92.4 90.7 100.8 114.0
Manufacturing
Aerospace 98.0 97.0 100.0 97.2 100.4 98.8 95.8 98.4 105.2 107.4
Agri-Food 99.9 97.8 100.0 96.3 99.2 95.9 94.8 92.7 102.7 105.0
Automotive 98.3 96.9 100.0 96.6 100.1 97.0 96.2 95.0 102.9 107.4
Chemicals 96.5 96.6 100.0 97.8 100.3 98.0 96.2 94.5 100.4 104.4
Electronics 96.1 96.0 100.0 97.7 100.9 98.7 96.2 97.8 101.6 107.1
Green Energy 99.8 95.8 100.0 94.1 98.2 97.6 94.5 94.1 105.1 103.5
Medical Devices 96.5 96.2 100.0 96.0 101.2 97.0 95.0 94.8 104.1 111.9
Metal Components 99.7 96.2 100.0 94.5 99.0 94.4 95.0 92.4 105.6 110.9
Pharmaceuticals 96.8 95.9 100.0 96.1 100.1 96.9 94.7 95.0 102.6 106.0
Plastics 101.8 97.2 100.0 93.8 98.6 94.0 94.2 92.2 109.1 110.0
Precision Manufacturing 98.6 96.9 100.0 96.5 99.6 97.1 96.0 94.4 101.4 102.6
Telecommunications 95.5 95.9 100.0 97.6 101.3 98.4 96.6 96.0 102.5 108.0
Corporate Services
Professional Services 79.0 85.5 100.0 93.6 96.4 102.3 89.7 92.6 103.4 118.6
Support Services 90.8 96.7 100.0 101.2 106.6 93.4 96.0 89.2 110.4 133.0
Overall Result 95.6 95.0 100.0 96.1 100.1 97.9 94.7 94.5 103.7 109.4

Notes

Rating Index Assumes United States as a baseline of 100.0%.

Sources

Competitive Alternatives: KPMG's Guide to International Business Location, 2012 Edition.
Summary of results by business operations.

International Labour Cost Comparison
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Notes

1. This study uses 42 generic job positions, based on common levels of skill and responsibility to estimate annual labour costs for each facility.
2. Results are based on Individual job descriptions, typical salary and wage levels have been collected for each position in each centre studied.
3. Statutory and employer-sponsored benefits have been calculated individually according to the average pay for each job.
4. Average for 19 operations included in the overall results.
5. Ranking is based on the 10 geographic locations portrayed in the table and does not reflect the ranking within the overall survey results.

Sources

Competitive Alternatives: KPMG's Guide to International Business Location, 2012 Edition.


Economic Development Lethbridge
308 Stafford Drive South
Lethbridge, Alberta, Canada   T1J 2L1

Phone: (403) 331-0022
Fax: (403) 331-0202
Toll Free: 1-800-332-1801

E-Mail: info@chooselethbridge.ca

Investment Inquiries Contact:
Heather McIntosh-Rivera, Director
Business Development & Operations

Phone: (403) 331-0022
E-Mail: heather@chooselethbridge.ca

Convention & Events Contact:
Kerry Lowe, Vice President
Convention Development & Partnerships

Phone: (403) 331-0022
E-Mail: kerry@chooselethbridge.ca

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