Community Economic Profile

Construction and permit data provide crucial insights to Beaumont’s economy. View the most current and previous years statistics on annual development activity in the City.

Construction and permit activity

Year Housing Starts Residential Permit Value ($) Commercial Starts & Improvement Commercial Permit Value ($) Industrial Permit Starts Industrial Permit Value ($) Total Permit Value* ($)
2025 587 183,981,503 45 13,528,926 0 0 $197,887,755
2024 485 153,918,468 43 37,499,125 0 0 $213,372,408
2023 384 108,066,170 92 32,177,451 0 0 $148,800,304
2022 305 110,211,372 59 2,382,615 0 0 $140,842,053
2021 259 77,309,944 66 4,485,994 0 0 $85,863,443
2020 168 41,183,870 56 1,505,180 0 0 $60,127,542

* Total permit value includes development such as home renovations, garages, secondary suites, signage and other developments.

Source: permit numbers are compiled from the Annual Development Activity reports.

View recent statistics, trends and variables affecting development in Beaumont.

Annual permit reports

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2025 Year End Monthly Permit Report

Building permit report for 2025.

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2024 Year End Monthly Permit Report

Building permit report for 2024.

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2023 Year End Monthly Permit Report

Building permit report for 2023.

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2022 Year End Monthly Permit Report

Building permit report for 2022.

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2021 Year End Monthly Permit Report

Building permit report for 2021.

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2011-2020 Year End Monthly Permit Report

Building permit reports for 2011 to 2020.

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2001-2010 Year End Monthly Permit Report

Building permit reports for 2001 to 2010.

Monthly reports

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Monthly Building Permit Report

Most recent building permit report.

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Monthly Lot Availability Report

A record of lots available in different subdivisions within Beaumont.

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Innovation Park Area Structure Plan

The purpose of this bylaw is to provide a framework for subsequent subdivision and development of an area of land.

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Le Rêve Area Structure Plan

The purpose of this bylaw is to establish the Le Rêve area structure plan.

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Élan Area Structure Plan Amendments

Amendments to the Area Structure Plan for the Élan neighbourhood.

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Beau Val Park / Beaumont Lake South Area Structure Plan Amendment

The purpose of this bylaw is to amend the Beau Val Park / Beaumont Lakes South Area Structure Plan in Bylaw 878-17.

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Azur Area Structure Plan Amendments

Amendments to the Area Structure Plan for the Azur neighbourhood.

Tax rate

The City of Beaumont has the lowest non-residential tax rates among cities in the Edmonton Metropolitan Region. Our location in the Edmonton Region and Alberta means there is no provincial sales tax, and small businesses only have a 2% corporate tax!

The City’s 2026 non-residential tax rate is 0.0094628, which equates to $946 per $100,000 of assessment.

View the Property Tax Rate page for more information >>

2026 Tax Rate (Mills) 2026 Tax Assessment per $1 Million Assessment 2025 Tax Rate (Mills) Increase from 2025
Beaumont 9.4628 $9,463 9.63 -1.73%
Edmonton 23.5503 $23,550 24.22 -2.78%
Leduc County 6.87 $6,870 6.70 2.54%
Stony Plain 9.7103 $9,710 9.55 1.69%
Leduc 10.14 $10,137 9.76 3.82%
Fort Saskatchewan 10.412 $10,464 9.93 4.89%
Spruce Grove 10.46 $10,464 10.75 -2.64%
Strathcona County 10.67 $10,672 10.46 2.00%
St. Albert 10.67 $10,672 13.11 -18.61%
Sturgeon County 11.31 $11,306 10.92 3.57%

Alberta Corporate Income Tax: The Corporate Tax Rate in Alberta is 8%. Small businesses can claim the Province’s Small Business Deduction to reduce the corporate tax rate to 2%.

Alberta Personal Income Tax (2026):

  • 8% up to $61,200
  • 10% from $61,200.01 to $154,259
  • 12% from $154,259.01 to $185,111
  • 13% from 185,111.01 to $246,813
  • 14% from $246,813.01 to $370,220
  • 15% from $370,220.01 and up

  • Federal Corporate Income Tax: The Federal corporate income tax is 38%. Businesses can claim a federal abatement of 10% and a further general reduction of 13% that results in a net Federal Tax Rate of 15%. With the Small Business Deduction this can be as low as 10%
  • Employment Insurance: Yearly max insurable earnings is $68,900 per employee. The employee contribution rate is 1.63%. The employer contribution rate is 2.282%.
  • Goods and Service Tax (GST): The Federal Sales Tax is 5%.

Federal Personal Income Tax

Tax Rate Taxable Income Threshold (2026)
14% on the portion of taxable income that is $58,523 or less, plus
20.5% on the portion of taxable income over $58,523 up to $117,045, plus
26% on the portion of taxable income over $117,045 up to $181,440, plus
29% on the portion of taxable income over $181,440 up to $258,482, plus
33% on the portion of taxable income over $258,482

Industry sector profiles

No matter what sector you are in, The City of Beaumont is ready to help you discover new opportunities and bring your ideas to life in our community. Learn more about what Beaumont has to offer!