Economy

Recent stories about economy


A portrait of Amit Kumar
region business

Hydrogen: Where we're at and where we're going

The opportunity and promise of hydrogen in the Edmonton region will be highlighted again when the f-Cell Canada conference comes to the Edmonton Convention Centre on May 25 and 26, a month after the Canadian Hydrogen Convention ignited interest and investment.

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Tim Cartmell and Jennifer Rice
city council budget

Meet the councillors: Tim Cartmell and Jennifer Rice aim to make progress on the economy

As incumbent Tim Cartmell and rookie Jennifer Rice settle into their terms as city councillors, both have an eye to tackle pivotal issues like the economy and the city's next budget.

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Three people sit at the now closed 1stRND patio
business covid-19

Chamber welcomes grants to put Edmontonians back to work

A new $370-million provincial job creation program will help struggling Edmonton businesses find new talent, invest in training, and re-engage with unemployed and underemployed workers, says Edmonton Chamber of Commerce CEO Janet Riopel.

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Edmonton on track for economic rebound
edmonton business

Edmonton on track for economic rebound

Edmonton is on track to rebound this year from one of the steepest economic plunges among Canada’s big cities as analysts express relief that Alberta has avoided mass bankruptcies and other long-term impacts from COVID-19.

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Edmonton economic system
city council business

Edmonton Economic Action Plan aims to create 121K jobs by 2030

The Edmonton Economic Action Plan will coordinate and drive economic development over the next decade with a goal of creating 121,000 net new jobs in Edmonton by 2030.

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Alberta predicts debt will climb to $132.5B
alberta budget economy

Alberta predicts debt will climb to $132.5B

The provincial government expects to finish the current fiscal year $20.1 billion deeper in the red and run deficits for three more years totaling another $37 billion. Tax-supported debt of $132.5 billion by 2023-24 will cost $3.3 billion a year to service.

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Mixed economic forecast for region as airport struggles, tech booms
tech vaccine

Mixed economic forecast for region as airport struggles, tech booms

A new report from real estate company Morguard shows the region's economy shrunk by 10.8% last year, the largest decrease among the country's 13 metropolitan areas. 

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Businesses face two more weeks of closures
business covid

Businesses face two more weeks of closures

Businesses must wait at least two more weeks for any relaxation of public health orders that have closed dining rooms and hair salons and imposed tighter capacity limits on retailers.

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Economic forecasts heading into 2021
business economy

Economic forecasts heading into 2021

What lies ahead in 2021 for employment, residential real estate, and economic output? Here’s what the experts are saying – with the caveat that no one expected 2020 would bring an oil price war that hammered Alberta’s energy sector and then combined with a pandemic to cause the largest annual economic contraction in Alberta’s modern-day history.

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