David A
Senior Member
I agree. I don't think cash hand outs to lure companies from elsewhere is generally very good. If cash is involved, I think the focus should be on helping local businesses start up, grow and diversify. These are businesses that are more likely to be invested in the community and not leave when the grant or tax break ends.No argument with providing top-notch infrastructure, encouraging incubator facilities and common sense reductions in barriers to operating a business. What I don't like is cash handouts to 'lure' companies to Edmonton. The Government is terrible at picking winners and losers and should instead focus on creating a business-friendly environment.
It is not a coincidence that most of the top business cities also offer amazing amenities, things to go, restaurants, etc. If I ran Edmonton, rather than trying to pay companies to move here I would instead work on keeping the downtown scrupulously clean, improve general maintenance and landscaping, relentlessly pursue a housing-first strategy for people experiencing homelessness, expand high-quality transit as fast as possible, new parks, more bike lanes, fewer municipal fees on festivals and neighbourhood events, more urban renewal projects. It isn't rocket science.
I went for a good long walk in the downtown core and can see how COVID and the rough economy has decimated downtown. It is going to take some work to get things back to where they should be. On a good note, it looked cleaner and I didn't notice as much of a homelessness issue as in the past So perhaps some progress is being made. With the LRT construction getting closer to being done and other construction projects done, it is a bit easier to get around and also looks better. Now, to get some restaurants, coffee shops and other retail businesses to fill at least some of the vacant spaces would help a lot.