Main page content begins here

Image of industrial site worker equipment
Edmonton’s business and industrial sectors benefit from a strong and stable economy, with the demonstrated resilience to withstand even uncertain global economic conditions.

Edmonton’s business fundamentals add up to a location at the hub of economic activity - now and in future. These include:

  • a younger, motivated, skilled and experienced workforce
  • access to natural resources
  • connections to key North American and Asian markets through an outstanding transportation network
  • a strong local and regional customer base

The Edmonton census metropolitan area (CMA) continues to demonstrate economic momentum according to the January 2013 CIBC World Markets Canadian Metropolitan Economic Activity Index because of:

  • population and employment growth well above the national average
  • high-quality full time employment opportunities
  • unemployment rates in the 4.5% - 5% range

The 2011 Statistics Canada census indicated a 12.1% population increase from 2006-2011 for the Edmonton CMA – second highest in Canada and more than double the national average. Edmonton recorded a 2011 growth rate of 4.4% (Conference Board of Canada Metropolitan Outlook Spring 2012), taking the current population of the City of Edmonton to 812,201 and the Edmonton CMA to nearly 1.2 million.

Growth continues and the recent Municipal Census, released in April 2012, records the city’s population at 817,498.

Diversified Economy Offers Opportunity

Edmonton’s powerful resource engine drives a diverse range of economic sectors – including consumer-driven sectors.

The Conference Board of Canada’s Metropolitan Outlook (Fall 2012) highlights Edmonton’s sustained growth over the past couple of years, including a 7.2% output growth in 2012 from the manufacturing sector and a very diverse economic structure, scoring .91 out of a possible rating of 1.0.

Public and private sector investment creates a thriving regional customer base and the ability to attract world-class sector leaders in:

Major Construction Projects Edmonton Service Region

As of October 2012 there are $175 billion of projects under construction or actively proposed to start by 2015 in the Edmonton service region.
(Government of Alberta: Inventory of Major Projects)

Inventory of Major Alberta Construction Projects by Sector

Valued at $5 million or greater and planned to start by 2015
Project Sector Number of Projects Value - All Projects
($ millions)
Industrial Sectors
Oil sands 60 $124,754
Infrastructure 188 $12,979.6
Pipeline 37 $12,702
Oil and gas 13 $10,037
Power 24 $9,672.4
Chemicals and petrochemicals 3 $1,380
Mining 3 $1,062
Agriculture and related 4 $218.4
Biofuels 4 $198
Other industrial 9 $169.6
Forestry and related 2 $82
Subtotal, industrial sectors 347 $173,255
Other sectors
Institutional 111 $6,574.4
Commercial/retail and residential 60 $5,984.7
Tourism/recreational 70 $2,684.9
Subtotal, other sectors 333 $19,762.5
Total planned construction 680 $193,017.5

Source: Government of Alberta

For More Information

Ken Mamczasz, P.Eng.

Economic and Environmental Sustainability
Sustainable Development
9th Floor, Edmonton Tower
10111-104 Avenue NW
Edmonton, AB T5J 0J4

Title Director, Economic Investment & Development
Telephone

780-496-6036

Email ken.mamczasz@edmonton.ca

End of page content. Please choose between the following five options:

Back to main menu Back to current page menu and content View current page breadcrumb Back to site search Continue to page footer content