Both Cranbrook and Kimberley are under the average property tax gap of 2.60 between residential and business for B.C communities: Cranbrook’s property tax gap is 2.57 and Kimberley’s is 2.54.
- From 2010 to 2015, Kimberley lowered its Municipal Property Tax Gap by 6.6% (Total Average Property Tax for Kimberley is $7,178). From 2010 to 2015, Cranbrook lowered its Municipal Property Tax Gap by 15.5% (Total Average Property Tax for Cranbrook is $6,743.)
Logistics and Transportation
Freight is big business in our region. As the economic hub of southeastern B.C., our region serves a total immediate market of 100,000, with an additional 4.5 million in our neighbouring province. We also serve as a key connection between Canada and its largest trading partner, which is just an hour away.
Major Canadian highways flow directly through our region, making shipping and receiving easier. Trucking support businesses and infrastructure for warehousing and logistics are already in place, with large industrial areas that are in close proximity to downtown businesses and the region’s many power retailers.
You don’t need to go through busy downtown areas, however, to get trucks to where they are going as local roadways are set up to flow traffic in and out of our region in the safest and quickest way possible—which means less downtime for your drivers and more profit for your business.
Since our region is a main artery for North America’s second largest railway, there is potential for easy access to shipping and receiving. Directly between our two communities is an international airport.
Our economic climate is stable and its been that way for over a century.
Can you see your business growing here? We can, and here are a few other reasons why:
- Workforce: The Cranbrook-Kimberley Development Zone is home to a skilled and well-educated workforce, with truck driver training readily accessible through the Cranbrook-based College of the Rockies.
- Demand: Competition in this sector is low but demand is high, with numerous auto, construction and niche companies operating in our region that need parts, tools and supplies yesterday.
- Cost: British Columbia has the lowest corporate and personal tax rates in Canada. Our region’s operating costs are significantly less than other more densely populated areas of B.C.
- Location: You’ll find tons of inexpensive property that is already zoned for manufacturing.
We are in an excellent position to meet the growing needs of B.C. and Canada. The logistical fabric of our region is interwoven with opportunities for your new or expanding warehouse, trucking terminal or depot to thrive.
News in this Sector
Success story: The Bedroom Furniture Galleries
Success story: The Bedroom Furniture Galleries The Bedroom Furniture Galleries is an example of how the entrepreneurial spirit thrives in the Cranbrook-Kimberley Development Zone. For starters, it began in a basement. Joey and Christine Hoeschmann, own …
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New state-of-the-art dental clinic opens in Kimberley
New state-of-the-art dental clinic opens in Kimberley It is a vision 10 years in the making and in recent weeks it has come to full fruition with the opening of the new Kimberley Family Dental Clinic. The outside facade of the new Kimberley Family Dent …
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Major industrial land deal closes in Cranbrook
Major industrial land deal closes in Cranbrook The City of Cranbrook is working hard to accommodate the interest and needs of investors to the Cranbrook-Kimberley Development Zone. A party has expressed interest in leasing the existing buildings on the …
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