Why Mount Pearl
Mount Pearl is a pro-business city and prides itself on a government that is committed to nurturing and supporting business. Whether you are looking to start a business, be it a home based business or a brick and motor operation, Mount Pearl’s ‘Open for Business’ policy supports an innovative and competitive business community with industry leaders in growth sectors like the oil and gas, information technology, transportation, manufacturing and retail.
Mount Pearl is one of the greatest little cities in the world to do business, considered to be at the top when it comes to competitiveness, innovation and quality of life. Few communities in Newfoundland and Labrador can offer such multi-sector strength, depth of talent and a driving economic and financial engine.
Cost competitive place to do business
Mount Pearl is competitive, provides excellent value and large profit potential. Business costs are lower than most NL centres and key competitors.
Information on Select Business Costs
- Wages and Salaries
Information on wages and salaries paid in various occupations in the Mount Pearl region can be found by visiting working in Canada.
- Minimum Wage
Minimum wage is the lowest wage rate an employer can pay an employee. Most employees are eligible for minimum wage, whether they are full-time, part-time, casual employees, or are paid an hourly rate, commission, piece rate, flat rate or salary. The Newfoundland and Labrador minimum wage rate will remain at $10.50 per hour
Check out the business rates for electricity and water usage in Mount Pearl.
- Operating costs
Canada provides the greatest business cost advantage among nine industrialized nations studied.
- Tax rates
2016 data for City of Mount Pearl tax rates for commercial, industrial, residential and multi-residential enterprises as well as corporate income tax, employment insurance and pension plan premiums.
All properties in Mount Pearl, both residential and commercial area assessed by the Municipal Assessment Agency and are based on market values.
Great place to live
Considered to be one of the safest, cleanest and friendliest cities in the province where one’s diversity is celebrated and welcomed. Residents enjoy access to world-class education (www.mun.ca or www.cna.nl.ca), universal health care (www.easternhealth.ca).
Supportive Municipal Government
The City of Mount Pearl is committed to creating an environment for business to thrive. Staff help businesses navigate municipal programs and processes and provide consultation services and hands-on solutions.
Support for key industry sectors
Mount Pearl’s multi-sector strength drives growth, innovation and synergies. City staff works to promote the health and growth of the web of interconnected businesses that comprise Mount Pearl’s key industry sectors and consult with businesses on sector-specific issues and opportunities.
Chamber of Commerce
The Mount Pearl Paradise Chamber of Commerce is an important and vibrant part of the City; striving to promote and enhance the development of small and medium businesses in Mount Pearl.