Edmonton Advantage

Enabling a Strong Business Environment

We will support businesses and entrepreneurs to easily start, operate and grow, which attracts and retains employers and skilled workers (Actions 1.1 - 1.2).

1.1 To support business growth, deliver projects that improve the City’s local procurement and regulatory processes while reducing red tape.

1.2 To enable business expansion and improve commercial property utilization, improve Business Friendly services and grant programs that are responsive to the growing business community.

Marketing the Edmonton Advantage

We will co-create Edmonton’s value proposition locally, regionally and globally. We will raise awareness of Edmonton’s unique value and opportunities for business, capital and talent (Actions 2.1 - 2.3).

2.1 To attract and retain business investment as well as high-impact events, co-create Edmonton’s economic value proposition and develop and implement a unified Edmonton brand with economic development partners.

2.2 To enhance our competitiveness, undertake economic market studies that identify Edmonton’s advantages and drive investments with the strongest return to grow Edmonton’s commercial and industrial tax base.

2.3 To maximize the impact of local expenditure, promote the advantages and opportunities available to shop locally in Edmonton, including arts and culture experiences.

Driving Investment

We will actively leverage our land, talent and infrastructure to make Edmonton a destination of choice for capital (Actions 3.1 - 3.6).

3.1 To drive economic growth and increase the impact of tourism on businesses, expand Edmonton’s offering of world-class and local events across the arts, culture, creative and sports sectors.

3.2 To catalyze economic growth, continue to implement Downtown Action Plan.

3.3 To drive industrial investment and increase tax assessment, continue to implement the Industrial Investment Action Plan.

3.4 To create the conditions for new private sector investment, continue to implement the Community Revitalization Levy (CRL) Plans for Downtown, The Quarters and Belvedere.

3.5 To incent investments into opportunities that emerge between City budget cycles, establish an Economic Opportunities Fund that will enhance the City’s competitiveness and further Edmonton’s economic development priorities and outcomes.

3.6 To boost commercial and industrial investment, provide dedicated business attraction and expansion staff to accelerate timelines for businesses to become operational, while also offering a tax incentive for new major commercial and industrial construction.