With high wages and low taxes, Edmonton is the place of choice for individuals and businesses.
Compared to the rest of Canada, Edmonton has more to offer in the housing sector. Relatively stable house prices over the past several years make Edmonton very affordable compared to other major centres, with house prices lower than they are in Vancouver, Calgary and Toronto.
Source: RBC Economics Research
Healthy Rental Market
According to the Canadian Mortgage and Housing Corporation, average rent increased by 2% in the year ending April 2012. Edmonton offers a wide range of rental accommodation throughout the city.
Lowest Gasoline Prices
Gasoline prices are a major concern for consumers. Edmonton has the lowest gasoline prices compared to other major Canadian cities.
Edmonton's Non-Residential Construction Price Index
After experiencing very dramatic swings in construction costs from 2006 to 2010, non-residential construction costs have stabilized at a pace closer to the national average.
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Chief Economist, Financial Services and Utilities