News   Apr 03, 2020
 7.2K     3 
News   Apr 02, 2020
 7.4K     0 
News   Apr 02, 2020
 2.5K     0 

Edmonton Companies News & Discussion

City continues to drive growth and job creation alongside economic partners
March 31, 2022

The City of Edmonton is committed to enabling economic growth and job creation - through its own work and that of its partners. On April 13, 2022, Administration will bring several reports to council that highlight the work being done by City staff and our local and regional economic development partners.

The City’s 10-year Economic Action Plan is the overarching strategy that guides how we make doing business in, with and around Edmonton a better experience. The Business Friendly Edmonton initiative improves and integrates our business support services, and the Permit & Licensing Improvements streamlines and improves our processes. We are committed to working alongside our partners and industry at every stage of our work, from policy to processes and beyond.

Why this work is important
Edmonton has experienced considerable growth over the past decade, with a city population that has grown faster than Alberta and Canada. This growth stalled as a result of COVID-19 and the volatile oil and gas industry, and the citizens of Edmonton, despite being incredibly resilient, have felt the challenges that come from the weakening economy.

In order to counter the negative effects of the pandemic, in 2021 alone, the City provided multiple incentives and business relief grants that drove economic investment in the area, including:
Edmonton Economic Recovery, Business Association Stream grant, which provided funds to the Islamic Family and Social Services Association ($74,000), Black Canadian Women in Action ($37,500) and Grow Women Leaders ($75,000). The grants leveraged $319,340 in private funds.
2021 Economic Incentive Construction Grant, which provided 10 agreements worth approximately $19 million, leveraging $551 million in investment in Edmonton’s Downtown.
Community Revitalization Levies, which provided $93.4 million in building permit value to the CRL areas in 2021.
Storefront Improvement Program, which provided 12 grants worth $386,556, leveraging $493,634 in private funding for exterior commercial renovations.
Development Incentive Program, which provided 12 grants worth $279,908, leveraging $7.1 million in private funding for new commercial construction and interior renovations.
Corner Store Program, which provided 20 grants worth $300,792, leveraging $2.13 million in commercial construction value in mature neighbourhoods.
The Downtown Vibrancy Strategy grant, which provided $639,570 in support of 15 projects, leveraging an additional $1,114,409 in investment.

What we’re doing
Our teams at the City have been hard at work enhancing service delivery and customer experiences.

Highlights of our focus in this area includes:
Cut business licence approval time in half (from 20 days to 10 days) when a building permit is not required using a risk-based approach.
Helped businesses to open sooner by allowing interior demolition work to proceed while awaiting commercial building permit approval.
Reduced sign permit approval timelines by half since moving online, saving 24,014 days and $440,000 annually for businesses.
Automated permit reviews for high volume, lower-risk residential projects such as decks and garages, to offer same day permits for qualified projects. Creates efficiency for City staff to focus on complex applications.
Implemented Remote Video Inspections (RVI) for safety code inspections of occupied construction sites to allow these inspections to continue virtually during the pandemic. Over 11,700 RVIs have been conducted since the implementation in spring 2020.
Used technology to support Safety Code inspectors to more efficiently complete on-site tasks and introduced route optimization software to reduce driving time.
Moved over 90 per cent of permit and license applications online and continued enhancement of eServices based on customer feedback.

In addition to the process improvements, we have also been busy streamlining our business expansion and retention services, through:
Tailoring business supports, including connecting businesses to the right people at the City through the one-on-one support service.
Providing community programming, including building capacity and access to resources for entrepreneurs from equity-deserving groups through customized workshops for community partners.
Stewarding innovation by shepherding innovative businesses with a product or service to test in a municipal environment.
Enabling new investments by working directly with companies, and our partners like Edmonton Global, to provide information that informs decisions, regulatory pathfinding, site selection, and local community connections.
Providing aftercare to recent investors so that we can support their future growth.

This work is made possible in collaboration with Edmonton Global, Innovate Edmonton, Health Cities, and many other partners who grow Edmonton’s economy and enhance how we do business.
 

Wyvern wraps up Y Combinator, prepares to launch satellites​


 
A pet peeve.

It's frustrating when those promoting us globally use assets/collateral that is outdated and does not reflect the current look or state of our fair city or region. This is so simple to correct and makes me wonder how an organization such as that, with that kind of budget cannot ensure their assets are the best they can be. It's like going into a meeting with a shirt that has not been ironed/pressed.

Screen Shot 2022-04-13 at 2.30.52 PM.png
 
A pet peeve.

It's frustrating when those promoting us globally use assets/collateral that is outdated and does not reflect the current look or state of our fair city or region. This is so simple to correct and makes me wonder how an organization such as that, with that kind of budget cannot ensure their assets are the best they can be. It's like going into a meeting with a shirt that has not been ironed/pressed.

View attachment 392669
I agree and by extension have noticed that some Edmonton companies arent even portrayed as Edmonton companies. For example, I have seen AIMCo advertisements with the picture of downtown Calgary...they dont even have an office in Calgary. Likewise with Capital Power, and I recall reading an article in the Financial Post when Stantec acquired Cardno last year and the Financial Post used a picture of the Stantec CEO...but in the company's Calgary office.

As is Edmonton is fighting an imagine problem and images like the one you mention above are just lazy.
 
A pet peeve.

It's frustrating when those promoting us globally use assets/collateral that is outdated and does not reflect the current look or state of our fair city or region. This is so simple to correct and makes me wonder how an organization such as that, with that kind of budget cannot ensure their assets are the best they can be. It's like going into a meeting with a shirt that has not been ironed/pressed.
tweet
View attachment 392669
Tweet them - they are super responsive and likely an oversight
 

This hydrogen conference is great exposure for the city and the industrial investments that are going on here but I would like to see more companies setting up permanent human capital investments in this city. It would be much more beneficial to see these companies stake up their offices here for their hydrogen investments rather than having the operating jobs and investment here and the research, corporate, decision making jobs in Calgary i.e. Dow, Shell, Nutrien, etc.
 

Back
Top