Edmonton Global advocates for pro-investment public policies to increase our region’s global competitiveness and enhance our ability to attract foreign direct investment and increase trade.
By working with our 14 shareholder municipalities and using data-driven research and analysis, we have identified actions to improve our ability to attract investment to the Edmonton Metropolitan Region. We conduct policy research on an ongoing basis.
Governments play an essential role in supporting economic growth and attracting investment.
Attracting investment is a highly competitive endeavour. Governments around the world often rely on fiscal incentives such as cash grants, rebates, or tax credits to induce companies to stay, expand, or locate in their jurisdiction. While the Edmonton region already has the lowest corporate tax rate in the country, Edmonton Global supports and recommends the use of incentives when best practices are followed:
Our region has many advantages that position us well for agricultural investment. However, there is a perception among stakeholders that there are barriers to agricultural investment that are holding the region back from being as successful as it could be.
Our region contains several leading post-secondary institutions, research facilities, and support organizations that provide a strong foundation to grow our health and life sciences sector. In addition, Alberta Health Services (AHS) is the largest centralized healthcare services provider in Canada.
In February 2022, the former Minister of Jobs, Economy and Innovation established the Edmonton Metro Region working group. The goals of the working group were to determine policies the provincial government could look at to enhance this growth. The EMR is set up for success moving into the future, and provincial involvement can only boost this growth. The former minister asked for a mix of actionable and visionary recommendations.
These recommendations help set the stage for how the province can contribute to the success of the EMR, both for the economy of today, and for future generations.