Business Roundup
June 19, 2026
Edmonton's central district, which includes downtown, Wîhkwêntôwin, and the 124 Street corridor, is home to 5,500 businesses employing more than 144,000 people, the highest concentration in the city, according to the 2025 business census, released on June 18. Service-producing businesses are concentrated in the downtown, which the report calls the main hub for finance, corporate headquarters, and specialized services. There are other smaller hot spots throughout the city, often aligning with major commercial strips and mixed-use areas.
The city expanded the business census city-wide in 2025 and counted just under 30,000 businesses. "By analyzing trends in sectors and various areas of the city, we can make informed decisions that support businesses, nurture innovation, and ensure Edmonton's economy is resilient, vibrant, and inclusive," the report said. The census mapped clusters of businesses in the same industry that often buy and sell from each other, offer similar services, or have the same infrastructure needs. Knowing these groupings helps the city decide where to build roads and utilities, where to attract new businesses, and how to support industries, the report said. A dashboard allows you to dig into the data further.
Entertainment, leisure, and shopping are concentrated downtown, in Old Strathcona, and at West Edmonton Mall. As business intelligence analyst Jeff Bell noted, the census found that wholesale, manufacturing, and transportation and warehousing businesses are concentrated in Jasper Place and southeast Edmonton, which ranked second and third for business density. The city is conducting its 2026 business census now. City employees will visit businesses in person, and there is an online survey open until August. Senior economic development strategist Nolan Carter commented that the city is looking forward to being able to do a year-over-year comparison.
Economic development
- Edmonton ranked in the top 10 in North America for funding runway and third for affordable talent in the 2026 Global Startup Ecosystem Report. Software engineers earn an average of $65,000 here, compared with a continental average of $101,000. Edmonton startups raised $202 million across 80 deals in 2025, with 12 exits recorded, and total venture capital funding from 2021 to 2025 reached $718 million, Digital Journal reported.
- Alberta Innovates noted its investment of more than $14 million into commercialization infrastructure through the Ecosystem Development Partnership Program, adding that those investments generated nearly $48 million in additional investment from partners in the first quarter of 2026. Among the projects highlighted were Alberta CREATE at the University of Alberta, which is meant to help small and medium-sized businesses develop, build, and scale new hardware, and DEFENDS, which is meant to help businesses access specialized support to develop defence and dual-use technologies.
- Edmonton Unlimited plans to help Edmonton innovators navigate the defence and dual-use technology sector, building on what MIT REAP Team Edmonton has learned, CEO Tom Viinikka said. MIT REAP Edmonton is planning its final town hall this summer.
- Rebecca Mackenzie, CEO of the Culinary Tourism Alliance, saluted Explore Edmonton, Strathcona County, and Leduc County for a successful Taste of Place Summit in Edmonton on June 15 and 16. She also acknowledged the local and regional operators who welcomed delegates from across the country: "Thank you for showcasing the people, places, flavours, and experiences that make this part of Alberta so remarkable." The next Taste of Place will be in Kelowna.
- The Edmonton Arts Council is preparing to make a case for a budget increase when city council deliberates the 2027-2030 budget this fall. The EAC will focus its budget ask on the strategic priorities that city council approved near the start of its term — economic development, growth management, quality services, and safety, CEO Renée Williams told Taproot. "We know as the Edmonton Arts Council that the work that we fund and invest in touches a number of those key priorities," Williams said. "It's about making that case, socializing that with council early in the hopes that enough of that socialization gets them thinking."
- The Canadian Circular Economy Summit is coming to Edmonton in June 2027, hosted in partnership with the City of Edmonton and Alberta Ecotrust Foundation.
- Antigoni Studios has announced Femtech Connect 2026, a national summit to be hosted on Sept. 21 as part of Life Sciences Week in Edmonton. The event aims to bring together founders, funders, clinicians, researchers, and policymakers from across Canada's women's health innovation ecosystem.
- Tegan Thompson of Explore Edmonton has been named a 2026 Top 10 Under 40 honoree by the Canadian Association of Fairs and Exhibitions.
- Porter Airlines introduced service from Edmonton to the Montreal Metropolitan Airport, which recently rebranded with a new commercial passenger terminal.
- Acheson-based Champion Petfoods has invested $1.135 million to launch a canine performance lab at the University of Calgary Faculty of Veterinary Medicine, aimed at improving early detection of pain and mobility issues in aging dogs. Champion plans to launch its Global Innovation and Discovery Centre on June 24; it said the Parkland County facility will serve as a hub for the company to advance its work in nutritional sciences, production capabilities, and sustainable packaging.
Startups and SMBs
- Mitsoh has secured an additional multimillion-dollar investment led by Raven Indigenous Capital Partners, alongside Manitoba Harvest co-founder Mike Fata, NHL defenceman Josh Morrissey, and natural foods entrepreneur Dror Balshine. The company is targeting up to 5,000 retail locations nationally and U.S. market entry by 2027. The brand recently expanded its line of protein-dense snacks based on Indigenous knowledge to include grass-fed beef sticks, in addition to the original line of bison pemmican and dried meat. The company, which was named the Inclusive ScaleUP of the Year at the ScaleUP Awards on June 10, reported annual revenue growth exceeding 50%.
- Shani Gwin of wâsikan kisewâtisiwin won Startup Canada's Global Pop Up Pitch in Calgary on June 16. "I am shocked, elated and crying my head off," Gwin posted about winning the $15,000 prize.
- Edmonton's 7 Summits Snacks has been named one of 10 recipients of the 2026 Mastercard Small Business Fund, receiving a $10,000 grant, mentorship, and access to resources. The Edmonton sports nutrition company, founded by sisters Kristyn and Leanna Carriere, is among the women-owned small businesses recognized by the program, now in its fourth year.
- DON'YA Ukraine's Kitchen co-founder Jorgia Lindquist has won the Junior Chamber International Creative Young Entrepreneur Award. She is the first Canadian to win in more than 20 years. The business has launched a new product called Protein Perogies.
- Alternatives to fast fashion will be on display at Edmonton's second annual sustainable fashion show on June 19. "I want to be able to show the public (what) it looks like addressing textile waste," said Josephine Nakafeero, founder of the Edmonton Sustainable Fashion Show and a designer herself at Jose House of Creations; her designs will be on the runway alongside the work of seven other local sustainable fashion designers.
- Aqua-Cell Energy, InstallPROOF, Ultracoustics Technologies, and Zylotex have been selected for Venture Pilots: Build World Tech projects by Edmonton Unlimited. Zylotex, which has made strides towards commercializing hemp fibre, is partnered with Austrian fibre innovator Lenzing.
- The Knight family of Mosaic Home Services described how they wove charitable giving into their company's culture through a monthly Charity Day program that donates 5% of all franchise sales to a staff-nominated charity, managed through the Edmonton Community Foundation. The company has given close to $250,000 since launching the program; Bill and Steven Knight discussed the initiative on The Well Endowed Podcast.
- Johanna Pagonis, founder of Sinogap Solutions, spoke about the role that community plays at every stage of building a business on the Powered by Community podcast from Alberta Women Entrepreneurs.
- Traci Bateman, founder of Bliss MediSpa & Integrated Wellness and recipient of the Edmonton Chamber of Commerce Business Leader of the Year award, shared her entrepreneurial journey on the Executive Wins Podcast. She described building the business from a yoga studio to a luxury wellness centre, and how a forced pivot during COVID shaped its current form.
- Stacey Berger, an Edmonton-based mindset and transformational coach, discussed burnout, purpose, and the beliefs that keep high achievers stuck on The Business Development Podcast. Berger described her own shift from leading a $60-million corporate portfolio to coaching others toward sustainable success.
- Sean Collins, CEO of Varme Energy, expressed frustration at recent changes to carbon pricing that he says will make Varme's projects unviable. The changes were announced on May 15 as part of a memorandum of understanding between the provincial and federal governments. "The MOU establishes a new floor price of $60 per tonne in 2030. While intended to create certainty, it also dramatically reduces the revenue expectations that all carbon capture projects rely on," Collins wrote. He added that the United States has better incentives for carbon capture investors.
- Cipher AI, jointly based out of Edmonton and Regina, is using AI to track and categorize foreign disinformation amplifying Alberta's separatist movement. The startup, co-founded by Alberta Machine Intelligence Institute fellow Matthew Taylor, said it has found that a majority of Alberta-related disinformation is coming out of the United States.
- Dorinku, Japonais Bistro, Menya Mori, Pablo Cheese Tart, and Hello Mochi have launched a rotating pop-up at the vacant Station Park food hall on Whyte Avenue. Allen Gao of Menya Mori spoke to CBC's Radio Active about the opportunity.
- Vertical Impression has partnered with Adelaide to integrate its real-world out-of-home attention dataset — built from more than 9,000 elevator screens across North America — into Adelaide's media quality standard.
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Real estate
- BILD Edmonton Metro submitted a letter to Edmonton city council's urban planning committee supporting the city's approach to advancing intermunicipal development plans and collaboration frameworks with neighbouring municipalities. The organization said that with the Edmonton region leading the country in housing growth, clear coordination between municipalities is critical to "maintaining momentum, reducing uncertainty, and supporting the delivery of new housing." Edmonton city council voted to advance the plans and frameworks at a meeting on June 16.
- A combination of rising household incomes, lower interest rates, and the federal GST rebate for first-time home buyers has helped improve housing affordability in Edmonton despite rising prices, according to data released by the REALTORS Association of Edmonton.
- Residents of Edmonton's Parkview neighbourhood oppose multiple infill housing projects by developer Davach Properties. Corisandra Leyton-High is leading efforts to appeal multi-unit infill plans, citing insufficient clearance for infrastructure. While her efforts were denied by Edmonton's Subdivision and Development Appeal Board in May, she has escalated the case to the Alberta Court of Appeal, with a hearing scheduled for August.
- University of Alberta Properties Trust has renamed its West 240 master-planned development to Alma. The name is derived from a Latin root meaning "nourishing" and forms the root of "alma mater," reflecting the land's connection to agricultural innovation and the University of Alberta.
- Qualico Properties is selling its 50% interest in The Brick's Edmonton distribution centre and corporate headquarters to Leon's Furniture, which will now own the entire facility in the North 170 Henday Business Park.
- Stony Plain is seeking public input to update its municipal development plan, which guides growth and development over the next 30 years. The town is hosting 10 community engagement parties at neighbourhood parks through the summer to gather resident perspectives on land use, culture, the economy, the environment, and governance.
More headlines
- All Weather at Home has unveiled more than 2,000 rooftop solar panels at its west-end Edmonton manufacturing facility, the largest such private installation in the city. The system produces 1.3 gigawatt hours annually, covering 35% of the facility's energy needs, with surplus flowing into Alberta's electricity grid on weekends.
- JA Northern Alberta inducted Diane Brickner, Marc de la Bruyère, David Tuccaro, and Glenn Woolsey into its Business Hall of Fame on June 10. It also presented its Impact Award to Sam Jenkins of Punchcard Systems. "Most of you don't know who I am yet, but I think that's exactly why I'm standing here tonight," Jenkins said in his acceptance speech. "Because this award isn't about what has been built — it's about what's being built. And I can speak to that in a way that even these remarkable inductees, with all their wisdom, genuinely can't."
- NAIT awarded honorary degrees to Randy Littlechild, the first Indigenous person to earn the EMT-paramedic credential in Alberta; Catherine Vu, an IT entrepreneur and community builder; and Gord Winkel, a mechanical engineer who spent decades improving safety and innovation at Syncrude.
- The Prairie Polytechnic Innovation Network Accelerating Commercialization for Local Ecosystems, of which NAIT is a member, will receive an additional $586,000 from Prairies Economic Development Canada, building on a previous commitment of nearly $900,000. The applied research network, known as P2INACLE, will support innovation in the mining and minerals sector.
- Jeff McLean, co-founder of Pride Tape, joined the Startup Canada Podcast to describe how the Edmonton-born initiative — rainbow-coloured hockey tape signalling acceptance — grew from a small idea into a global movement promoting safety for 2SLGBTQI+ people in sports.
- Technology Alberta is inviting tech companies and innovation organizations to exhibit in the Innovation Zone at KDays from July 21 to 23. Applications close July 3.
Happenings
Here are some events coming up over the next seven days:
- June 19: Coffee with the Chamber starting at 8:30am at ATS Traffic
- June 20: Business Derby and Mixer starting at 4pm at Century Mile Racetrack and Casino
- June 22: Alberta's Financial Future: A Conversation with Minister of Finance Jason Nixon starting at 12pm at Edmonton Chamber of Commerce
- June 23: BOMA Industry Series: Inside Property Tax Assessments starting at 8:30am at Westin Edmonton
- June 23: Business Afterhours Mixer starting at 4:30pm at Tutti Frutti Breakfast & Lunch in St. Albert
- June 24: TOPONA on the Road starting at 4pm at Spruce Grove Community Social Development
- June 24: Elevate Women in Industry starting at 6pm at 1st RND
- June 25: WeBA Mayor's Luncheon starting at 11am at River Cree Resort and Casino
- June 25: The Business of Branding: How Strong Brands Attract Better Clients starting at 11am online
- June 25: MNP Workshop Series for Founders: Financial Planning and Forecasting starting at 12pm at Edmonton Unlimited
- June 25: NAIOP Edmonton Patio Party starting at 4pm at National Bank Centre
And here are some upcoming events to keep in mind:
- July 7: Speed Networking at P.F. Chang's
- July 9: EBA goes Lawn Bowling at Commonwealth Lawn Bowling Club
- July 19-23: Gateway to Growth at JW Marriott (Edmonton ICE District)
Visit the Taproot Edmonton Calendar for many more events in the Edmonton region.
This roundup was sponsored by CPA Alberta.
CPA Alberta is the professional organization for more than 30,000 Chartered Professional Accountants (CPAs) across the province. CPAs are known for the experience, expertise, and business acumen they bring to organizations everywhere. CPAs are leaders, entrepreneurs, business advisors, personal financial advisors, management consultants, financial analysts, and so much more!