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4.1 million
The amount of square footage of floor that manufacturing firms in Lethbridge occupy. The equivalent to 70 (NFL) football fields (47 CFL football fields).

Lethbridge is one of the highest Ph.D. per capita cities with a population less than 250,000 in Canada.

 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, and software design. 

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 82.4 87.7 100.0 95.9 102.1 98.3 84.9 92.2 97.1 102.7
Clinical Trials 81.2 84.1 100.0 78.9 109.0 102.1 90.1 89.9 98.3 104.4
Product Testing 76.4 81.5 100.0 88.1 95.4 93.3 80.0 85.7 90.0 93.6
Software
Software Design 86.4 87.1 100.0 99.1 102.1 102.0 93.6 91.9 98.0 99.0
Digital Entertainment 81.5 76.2 100.0 90.9 102.0 96.0 90.6 86.8 95.4 97.3
Manufacturing
Aerospace 96.7 96.5 100.0 98.0 99.2 99.3 95.7 99.8 100.4 98.4
Agri-Food 97.8 96.3 100.0 99.3 100.7 100.2 97.0 94.9 101.3 99.0
Automotive 97.0 97.0 100.0 99.2 101.5 100.1 97.4 97.2 100.9 100.5
Chemicals 96.1 96.6 100.0 99.4 101.3 99.4 97.5 96.1 99.4 100.3
Electronics 95.4 95.8 100.0 98.5 100.2 98.7 96.1 99.0 99.2 100.5
Green Energy 97.4 96.1 100.0 98.5 101.7 102.5 97.4 97.7 101.2 98.3
Medical Devices 94.1 94.6 100.0 97.2 100.2 97.4 95.0 94.8 99.3 98.9
Metal Components 97.3 96.2 100.0 99.4 101.8 100.1 97.8 96.6 102.8 100.3
Pharmaceuticals 95.8 95.4 100.0 97.8 100.1 98.1 96.2 96.7 99.3 100.1
Plastics 98.8 97.1 100.0 100.6 103.5 102.3 99.2 97.8 105.5 100.7
Precision Manufacturing 97.8 96.9 100.0 99.3 101.1 100.5 98.1 96.6 99.9 98.5
Telecommunications 94.9 95.6 100.0 98.0 100.4 98.1 96.2 96.4 99.4 99.4
Corporate Services
Professional Services 78.6 82.1 100.0 94.3 96.5 95.7 85.7 92.1 91.7 96.6
Support Services 88.3 92.0 100.0 100.1 103.7 91.3 92.4 83.3 103.4 100.1
Overall Result 92.5 92.8 100.0 97.4 100.9 98.8 94.5 94.6 99.3 99.2

Notes

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

Sources

Competitive Alternatives: KPMG's Guide to International Business Location, 2014 Edition.
Summary of results by business operations.

International Labour Cost Comparison
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Figure A.2
International Labour Cost Comparison
Average Per Operation
($US '000)
Statutory Benefits  Rank5 Other Benefits  Rank5 Salaries & Wages Rank5 Total Labour Costs Rank5
North America
Lethbridge $327 1 $1,489 6 $5,718 5 $7,534 2
Canada 551 3 1,525 7 5,777 8 7,852 3
US 576 4 2,256 10 6,184 7 9,017 9
Europe                
France 2,097 10 1,194 3 4,950 1 8,241 6
Germany 1,105 7 1,428 5 6,677 19 9,210 10
Italy 1,507 9 1,265 4 5,366 3 8,139 4
Netherlands 826 6 1,700 9 5,682 4 8,208 5
UK 526 2 1,591 8 5,197 2 7,314 1
Asia Pacific                
Australia 1,246 8 1,037 1 6,456 9 8,739 8
Japan 789 5 1,192 2 6,315 8 8,296 7

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, 2014 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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