About Business in Vermilion

Vermilion: Big city advantages with a small town feel

Vermilion, Alberta is an exceptional town, with a population of 4472 people. From an outsider’s initial glance, it may appear to be just a small rural community, but if you look closer, you will realize that Vermilion, AB in fact boasts big-city advantages, while still maintaining that small town feel.

Vermilion’s historic downtown core has more than 90 businesses. The many long-established businesses, along with new ventures and expanding enterprises, are indicators of a vital and progressive commercial core.

Given Vermilion geographical location, businesses who locate here can utilize this strategic location to better their company growth and profitability.

Vermilion Business Advantages

A strong advantage to business growth is the non-residential development incentive program available to commercial and industrial businesses; its purpose is to encourage new development and expansion of non-residential facilities within the Town of Vermilion. This program offers a tax cancellation on the municipal portion of property taxes.

The vermilion economy is largely service industry to agriculture, with the area of oil and gas servicing growing in its presence. Industries and businesses in Vermilion thrive as a result of:

• competitive selection,
• competitive pricing, and
• commitment to service excellence.

Vermilion boasts an experienced labour force, large trading population, low employment rate and a range in business and occupations.

• Total experienced labour force: 2,010
• Trading population: 11,000 +
• Unemployment rate: 3.7%

Come see for yourself how your business can capitalize on the opportunities of a small town with big-city advantages.