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All the Best Cities for Canadian Entrepreneurs to Launch a Business are Located in One Province

Alberta dominates this year's ranking of Canada's best places to start and grow a business.

The annual national ranking, compiled in the 2014 Entrepreneurial Communities report from the Canadian Federation of Independent Business, places eight of the top 10 municipal areas to start and grow a business in one province: Alberta.

"As a relative measure, these cities continue to be good places to own and operate a business,” said Richard Truscott, Alberta Director for the CFIB. Truscott says the report assesses how municipalities are enabling entrepreneurs and small business to start, grow, and prosper.

The 2014 rankings are:

1. Lloydminster

2. Calgary periphery (Airdrie, Rocky View, Cochrane, and Chestermere)

3. Edmonton periphery (Strathcona County, St. Albert, Parkland, Spruce Grove, and Leduc)

4. Fort McMurray

5. Camrose

6. Grande Prairie

7. Brooks

8. Red Deer

9. Saskatoon

10. Collingwood.

Only Saskatoon (Saskatchewan) and Collingwood (Ontario) fall outside of Alberta.

Truscott advises Alberta not to rest on its laurels, however. "Mayors and councils still have lots of work to do to cut red tape and make property taxes fairer for small business," he warns. "They must not become complacent."