Invest Alberta opens department to attract Vancouver companies

Invest Alberta has set up a new remote office in Vancouver, and wants B.C. investors to know it’s “open and ready for business.”

The crown corporation was founded in 2020 and works directly with firms to launch or scale their businesses in Alberta. Over four years, it has secured deals that have generated nearly $20 billion in investment and created over 25,000 jobs — for reasons, the organization suggests, that go beyond the province’s lack of sales or payroll taxes and its low corporate tax rate (which clocks in at four percent below B.C.’s).