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Edmonton Journal Masthead Market Edge

Market Edge

Edmonton

Alberta



  • Canada’s 6th largest market
  • Population 1,044,800
  • Alberta’s capital city
  • Part government centre, part university town, part energy provider
  • Lowest unemployment rate among Canada’s major cities
  • Over $18.5 Billion retail sales in 2007
2007 Retail Sales: $18.5 billion / Population: 1 million
Source: FP Markets 2007, Conference Board of Canada, Winter 2006
No provincial sales tax helps energize consumer spending
Employment
  • Employment expected to increase 3.8% over 2006
  • No provincial sales tax helps energize consumer spending
  • Total retail sales projected to grow by 4.4% in 2007 vs. just 4.1% across Canada
  • Gross Domestic Product forecast is $44 billion in 2007
source: Conference Board of Canada, Metropolitan Outlook 1, Autumn 2006
Edmonton is the capital of many industries in Alberta:
  • Banking - ATB financial and Canadian Western Bank
  • Retailing - The Brick and The Katz Group
  • Construction - PCL Construction
  • Power Utilities - Epcor
  • Biotechs - Isotechnika, Biomira, BioMSMedical and CV Technologies
  • Information Technology - Matrikon
  • Video Games - BioWare
  • Engineering and Design Consultation - Stantec
  • Real Estate Development - Melor, Triple five Corporation
source: Conference Board of Canada, Metropolitan Outlook 1, Winter 2005
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