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Edmonton: We're young, ambitious and building something extraordinary. The Economic Action Plan is a 10-year roadmap to building a vibrant, inclusive and sustainable economy.
The prosperity of the Edmonton region is growing through our pursuit of innovation, and by increasing competitiveness and relevance for our businesses at the local and global levels.
in North America for tech talent value two years in a row
Source: CBRE: Scoring Tech Talent 2023
in Canada as a sports city
Source: 2023 Ranking of Sports Cities, BCW
youngest population in a Canadian city*
*median age
Source: Statistics Canada, Table 17-01-0148-01
The Economic Action Plan is guided by 5 principles and 24 actions that will help us develop our economy in a meaningful and organized way. This work requires a united effort and is made possible by collaboration with our economic development partners, who play a key role in contributing to the growth of Edmonton’s economy.
Support for new and established businesses and entrepreneurs to thrive in the new economy in an inclusive manner. This principle focuses on actions that advance the local economy and entrepreneur support through integrated projects, policy, programs and analytics. ( Actions 1 - 5 )
4 of 5 actions complete
1 remaining action in progress
We will seize the potential of our existing land, assets, and physical attributes. This principle focuses on actions that can leverage our competitive advantages including our geographical location, existing transportation network, infrastructure and housing affordability. ( Actions 6 - 11 )
4 of 6 actions complete
2 remaining actions in progress
Support for growth and diversification of our economy in a sustainable and equitable way. This principle builds on existing work underway to grow and diversify our economy, while ensuring that we do so equitably and in a sustainable manner. ( Actions 12 - 17 )
1 of 6 actions complete
5 remaining actions in progress
We will remain and become a destination of choice for talent and capital. This principle area focuses on ensuring Edmonton is a preferred destination for people to live and work, as well as entrepreneurs and investors looking to invest in businesses. ( Actions 18 - 20 )
2 of 3 actions complete
1 remaining action in progress
We will embrace and grow our relationships and partnerships. This principle recognizes that a key to success will be working collaboratively with multiple organizations in the Edmonton Metropolitan Region. ( Actions 21 - 25 )
4 of 4 actions in progress
View the progress on the 5 Principles and 24 Actions of the Economic Action Plan.
The Edmonton Economic Action Plan is the roadmap for building a resilient economy. The Action Plan sets the path for creating more jobs and more businesses. This plan was unanimously approved by City Council on April 19, 2021.