News   Apr 03, 2020
 9.1K     3 
News   Apr 02, 2020
 10K     0 
News   Apr 02, 2020
 3.3K     0 

Edmonton Companies News & Discussion

To me, Downtown Edmonton seems to have died from 1,000 cuts. Every recession, we seem to lose businesses from downtown. Recovery is very slow. Any initiative to improve downtown is ruined by social disorder.
I remember a lot of empty store fronts in the 1990's but not nearly as much social disorder. I feel it has crept in to fill the vacuum, so it wasn't the cause of the problems, but it does make solving them harder.
 
Surprised about YEG.

1755547955386

 
Mark AndersonMark Anderson • 1stVerified • 1stManaging Director at CBRE CanadaManaging Director at CBRE Canada11m • Edited • 11 minutes ago • Edited • Visible to anyone on or off LinkedIn

Very promising to see Edmonton move up an impressive 11 spots to #38 (across North America) in CBRE’s just-released Scoring Tech Talent ranking. Our city saw 20.8% growth technology engineering-related employment over the past three years, with a total tech workforce of 32,300.

 
This is totally a rumour right now but it sounds like Imperial Oil may be closing their Calgary Quarry Park office with upstream work being moved to Edmonton.

Overall terrible news for the Alberta economy but a bit of positivity (maybe) for Edmonton depending on the scale of movement up here.

 
Last edited:
This is totally a rumour right now but it sounds like Imperial Oil may be closing their Calgary Quarry Park office with upstream work being moved to Edmonton.

Overall terrible news for the Alberta economy but a bit of positivity (maybe) for Edmonton depending on the scale of movement up here.

Christ that's a terrifying rumor. Would be a devastating blow to both Calgary and Alberta, even if Edmonton benefits a bit.

Guessing IOL has minimal capital spending planned in AB going forward now that Kearl is seeing record output from their recent debottlenecking efforts, so no need for the big fancy office and all the corporate/engineering/project staff. Especially when you can now offshore so much of that to far cheaper areas. Friend of mine was supplying equipment for the Strathcona refinery, said the procurement team he dealt with from IOL was based in Argentina.
 

Back
Top