City ranked among country's entrepreneurial leaders

Joshua
Joshua Pagé
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A new report names Prince Albert as one of the top entrepreneurial cities in the country.


City ranked among country's entrepreneurial leaders

A new report names Prince Albert as one of the top entrepreneurial cities in the country.

The report, authored by the Canadian Federation of Independent Business, lists Prince Albert in 10th place out of 96 cities.

Saskatoon took the top spot, with Moose Jaw, Lloydminster and Regina also making the top 10.

Prince Albert and District Chamber of Commerce president Krista Eggum said the numbers showed the city had moved on from the loss of the pulp and paper mill more than three years ago.

"Three years ago there was a lot of feelings of doom and gloom out there and those concerns have just not been born out at all," she said.

Mayor Jim Scarrow agreed.

"In spite of that loss, Prince Albert has continued to grow and prosper and be appealing," he said.

Saskatchewan cities occupying five of the top 10 spots in the ranking showed the province as a whole was encouraging business, according to Scarrow.

Trena Hoffus-Preston started Treasures in White Bridal Salon almost 13 years ago and said the entrepreneurial atmosphere in the city is better now than it was more than a decade ago.

"Even in our downtown, there are many unique and new businesses popping up," she said.

Talk of Shore Gold diamond mines and Iogen ethanol plants might also encourage more small businesses to start up in the city, she added.

The rankings weigh heavily on new business startups and high concentration of entrepreneurs for cities with populations of more than 25,000 people.

The calculation looked at 12 core factors, including tax rates, municipal government regulations and self-employed numbers, among other factors.

The final scores compared how each city fared in each core category based on a score of 100.

Prince Albert's score of 58.8 was only 5.4 away from the top spot. The city scored its highest marks regarding the local government's ability to be business friendly.

The report noted that given how tight the scoring was, "the top 10 scoring cities in Canada ... still leave considerable room for improvement."




The rankings

1. Saskatoon, 64.2
2. Grande Prairie (Alta.), 63.6
3. Joliette (Que), 62.4
4. Moose Jaw, 62.1
5. Lloydminster, 62.0
6. Alma (Que.), 61.8
7. Victoriaville (Que), 61.0
8. Regina, 59.8
9. Val-d'Or (Que.), 59.7
10. Prince Albert, 58.8

Organizations: Prince Albert, Canadian Federation of Independent Business, Prince Albert and District Chamber of Commerce Shore Gold

Geographic location: Saskatoon, Moose Jaw, Lloydminster Saskatchewan Canada Grande Prairie Joliette Val-d'Or

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Comments

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Recent comments

  • John
    November 20, 2009 - 12:45

    Ken: amazing how the government is unfriendly to a business owner who breaks the law! Maybe if Mr Tsar got the proper permits before acting...

  • RaiderVolunteer
    November 20, 2009 - 02:30

    Ken and Deb, re-read the article, it's about Canada, not just Saskatchewan. I have friends in the east who are amazed at the progress our PROVINCE is making. We should be proud to be included in the top ten entrepreneurial leaders NATIONALLY!
    Your negative glass half full attitude would still have us still chasing our food to club it over the head, and eat it raw.
    (your point(s) may have more credibility if your spelling and grammar were correct)

  • Deb
    November 19, 2009 - 03:41

    horay! We're the most competitive City in Saskatchewan....AFTER Moose Jaw, Regina and Saskatoon!
    Sounds like Saskatchean is now competative, and PA is bringing up the rear.
    PA needs a new mayor!!!!!!!!!

  • Ken
    November 19, 2009 - 01:46

    Ask Mr Tsar how friendly the government is towards buisness.I think these numbers are out to wack if it wasnt for the drug dealers P.A. wouldnt have made the list at all