The Pulse: March 26, 2025

Here's what you need to know about Edmonton today.

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Essentials

  • 6°C: A mix of sun and cloud. Becoming cloudy late in the afternoon. Wind becoming southeast 20 km/h in the afternoon. High 6. Wind chill minus 4 in the morning. UV index 3 or moderate. (forecast)
  • Purple: The High Level Bridge will be lit purple for Purple Day for Epilepsy. (details)
  • 8pm: The Edmonton Oilers (41-24-5) host the Dallas Stars (45-21-4) at Rogers Place. (details)

A photo of the Edmonton Research Park.

New Entos Pharmaceuticals hub to help retain biotech talent


By Stephanie Swensrude

The head of Entos Pharmaceuticals said a new hub that will enable research and development and biomanufacturing will help keep biotechnology talent in the Edmonton region.

"This for us is a big win, because we've trained amazing scientists, and we create amazing (intellectual property) and innovation, but a lot of it ends up getting sucked into other jurisdictions like the U.S., because that's where the investment has been," John Lewis, CEO of Entos, told Taproot. The facility is supported by a $62-million investment from the federal government and $15.5 million from the province. "This investment by the federal government and the provincial government is a sign and a great first step in establishing this very high value industry in Canada."

Another Edmonton entrepreneur, Sam Jenkins of Punchcard Systems, sounded this alarm shortly after the inauguration of United States President Donald Trump. Jenkins said that tech employs nearly 11% of Canada's economic engine, but the industry lost close to 1,800 people to the U.S. in the past year. The Canadian tech industry is being squeezed by Trump's moves and is unable to match pay perks offered by U.S. companies, and Trump's trademark uncertainty about policy decisions has already inflicted damage, Jenkins said.

The U.S. tariffs, Canada's counter-tariffs, and the threat of additional tariffs have highlighted the need for Canada to be self-sufficient, and the domestic manufacturing of medicines is a key part of that, Lewis said. He added that the impact of tariffs on the pharmaceutical industry is not entirely clear. "I think we're still waiting to figure out exactly what the impact will be, but certainly companies making medicines are thinking about this and are extremely concerned," he said. "In this political climate, who knows what's going to happen or how these things are going to evolve?"

Entos, which develops genetic medicines, has identified a site at the Edmonton Research Park that will "most likely" be where the facility is constructed beginning by the end of 2025, Lewis said. "We expect to have a fully commissioned facility sometime in 2029."

The commercial manufacturing section of the facility will provide capacity in the case of a pandemic, Lewis said, while scientists in the research and development hub will develop Entos's Fusogenix PLV technology for the treatment of cancer and rare genetic diseases like congenital lipodystrophy, Stargardt disease, and Duchenne muscular dystrophy.

The Edmonton Research Park is home to several life sciences and health innovation organizations, including Applied Pharmaceutical Innovation, which started construction on its own manufacturing facility, the Critical Medicines Production Centre, in 2024. Lewis said the Entos facility isn't being built in formal collaboration with API, "but certainly we're aware and working with that group. Areas where we can find synergy and alignment, we'll be working together."

API's facility is on track to be completed in 2026, a spokesperson told Taproot. API recently opened renovated spaces at its scale-up incubation facility, the Biotechnology Business Development Centre, and welcomed Nanostics as a tenant.

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Headlines: March 26, 2025


By Mariam Ibrahim

  • The City of Edmonton plans to conduct a prescribed burn on March 26 in a section of the river valley park. The burn aims to reduce the risk of wildfires and promote ecological diversity. City officials will monitor the burn to ensure safety and control.
  • Environment Canada issued a special weather statement forecasting heavy, wet snow for much of Alberta, including the Edmonton area, beginning on March 26. "Expect winter travel conditions from Wednesday overnight to Friday across central Alberta," the weather agency said. South of Edmonton, rain mixed with freezing rain is possible before turning to snow by the afternoon of March 27.
  • Former Edmonton Mayor Stephen Mandel and Kim Krushell, a former city councillor, shared their thoughts on Amarjeet Sohi's decision to take a leave of absence to run as a Liberal candidate in the upcoming federal election. Mandel expressed concerns about Sohi stepping down, while Krushell noted Sohi's continued commitment to Edmonton. Sohi, whose mayoral term extends until the fall municipal elections, is optimistic about the Liberal Party's chances in Edmonton and is promising to advocate for federal investment in the city's hydrogen and AI industries if elected. City council has unanimously approved Sohi's leave and Coun. Andrew Knack is now considering running for mayor.
  • The City of Edmonton is taking over management of the parking lot at 83 Avenue and Gateway Boulevard near the Old Strathcona Farmers' Market starting April 6, ending the free two-hour parking on Saturdays. The City plans to implement paid parking at a rate of $2.50 per hour, payable via app or online, as part of the Old Strathcona Public Realm Strategy. Micaela Szpigiel of the farmers' market said the new fees could discourage visitors. Kendra Connor, executive director of the Varscona Theatre, noted concerns about accessibility for older and disabled patrons. The City will first issue warning letters before ticketing begins on April 12.
  • Edmonton city council is debating the use of Community Revitalization Levy funds for projects like a proposed event park in partnership with OEG. The levy allows the City to use tax revenue from new development to fund projects, but some councillors, including Coun. Michael Janz and Coun. Erin Rutherford, raised concerns about using public funds for private projects. The province, the City, and OEG announced on March 7 an agreement for the $250 million event park beside Rogers Place and more than 2,500 new attainable housing units north of ICE District. A public hearing is expected in June.
  • University of Alberta students have proposed a plan to build Edmonton's first intensive care unit for the unhoused population. Student Advocates for Public Health aims to create a welcoming health care facility to address the fact that 77% of Edmonton's unhoused population use emergency services. The group believes this new facility, as an expansion of a hospital or existing building, will reduce the strain on emergency rooms like the Royal Alexandra Hospital and save resources by providing tailored care plans. The students are seeking funding from Ottawa to further develop the program.
  • West Edmonton Mall will host Hoop City 3X3 this summer, from July 31 to Aug. 5. It is the seventh time the event has been in Edmonton since 2012.
  • WestJet will suspend two routes out of Alberta, including the Edmonton to Orlando flight, effective April 28. The airline is also suspending its Calgary to Nashville route, citing fleet challenges due to ongoing issues with Boeing. WestJet says it will contact impacted passengers and offer a full refund, alternative travel options, or WestJet dollars.
  • The Edmonton Oilers will celebrate Pride on Wednesday with an online auction of limited-edition Pride jerseys autographed by Oilers players. The jerseys feature six colours to represent the diversity of the Pride community. The Oilers 50/50 draw will support the Centre for Sexual and Gender Diversity at MacEwan University. The Pride Cup will be held in ICE District Plaza in August.
  • Alberta New Democrat MLA Rod Loyola is resigning his Edmonton-Ellerslie seat, effective March 25, triggering the third provincial byelection since the 2023 provincial vote. Loyola, first elected in 2015, has not yet commented on his future plans. The resignation follows Rachel Notley's departure in December, and a pending byelection for Naheed Nenshi in Edmonton-Strathcona. Rob Miyashiro won the Lethbridge-West riding in a previous byelection.
  • Rakhi Pancholi, NDP MLA for Edmonton-Whitemud, apologized in the legislative assembly on March 24 for using profanity towards Seniors, Community and Social Services Minister Jason Nixon after Nixon heckled NDP MLA Sharif Haji. Speaker Nathan Cooper addressed the incident, as well as more widespread issues of decorum in the legislature, and said he would call a meeting on April 15 to discuss a member code of conduct. Nixon said he accepted the apology.
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A chart titled "Alberta real GDP growth - Tariff scenarios"

Trade turbulence: Alberta's economy shifts to a slower gear

Sponsored

A message from Mark Parsons at ATB Economics:

Alberta's economy was gaining momentum when escalating trade tensions significantly altered the economic landscape.

Our new Alberta Economic Outlook forecasts a period of slower growth and an increased unemployment rate due to heightened uncertainty amid President Trump's tariff threats. Leading indicators on sentiment point to a pullback in business investment and consumer spending.

Alberta's real GDP is now forecast to grow by 1.5% in 2025 and 1.9% in 2026, with the unemployment rate averaging 7.6% this year. Despite the challenges, Alberta is projected to outperform the rest of Canada, which is expected to grow at only 0.6% this year.

Given the unprecedented level of policy uncertainty, the Outlook includes alternate economic scenarios: A pessimistic tariff scenario in which growth slows to only 0.5% in 2025 and 1.3% in 2026, and an optimistic tariff scenario in which growth picks up to 2.7% in 2025 and 2.4% in 2026.

Alberta's energy sector, supported by strong balance sheets and access to new Asian markets, is anticipated to continue expanding despite tariff headwinds. Tourism is also expected to be a bright spot, driven by a weaker Canadian dollar and increased domestic travel. Continued gains from interprovincial migration will provide an uplift to housing and consumer spending.

The current trade environment has served as a wake-up call, highlighting the need to address long-standing economic challenges in Canada such as interprovincial trade barriers, getting major projects built, and diversification into new export markets.

While the trade war will undoubtedly cause economic strain, the Alberta economy has demonstrated resilience in the past and is expected to navigate through this period of uncertainty.

For a deeper understanding, take a look at the Alberta Economic Outlook released on March 20.

For more number-crunching on Alberta's economy, visit The Twenty-Four Seven by ATB.

Learn more
A title card that reads Taproot Edmonton Calendar: edmonton.taproot.events

Happenings: March 26, 2025


By Debbi Serafinchon

Here are some events happening today in the Edmonton area.

And here are some upcoming events to keep in mind:

Visit the beta version of the Taproot Edmonton Calendar for many more events in the Edmonton region.

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