The name may be strange to some, but it is just a reflection of how misinterpretations can occur. The name Red Deer was a reference to the elk in the area. The British traders thought that the elk were the red deer that are popular in and around England and the name just stuck. The city of Red Deer is located in Alberta, Canada and is the third most popular city in the area with only Calgary and Edmonton ahead of the city.
Population
Thee population of Red Deer has been steadily growing and has reached a landmark as of this year. It is the third city in Alberta to reach a population above 100,000 people. Red Deer currently sits at an overall population of 100,418 and the projections for growth during the coming years claim that with the growth rate of 2.23% …show more content…
It is the location of the city itself. Red Deer just happens to be located on the Queen Elisabeth II Highway. That may not sound like an interesting fact, but this is the most traveled highway in Alberta. It gives direct access to Red Deer from Edmonton and Calgary making this area perfect for new industry as well as quite attractive to people living outside of the city to commute to work. 81% of all residence of Alberta are no more than a two-hour drive away from Red Deer and that makes for an excellent choice for both warehouses and transportation type companies.
Business Taxation
Businesses are often taxed in every conceivable way in cities throughout the world, but Red Deer is unique in the fact that it remains relatively low when it comes to taxing its businesses. Taxes can sometimes break a business, but the thriving business and personal economy in Red Deer are a direct result of the lack of taxes for businesses in the area. Businesses enjoy no capital tax, business tax, machinery tax, and no payroll tax. Small businesses are taxed a mere 3% while large corporations are taxed only