“It is exciting to see so many regional partners offer their support for this new approach,” said City of St. Albert Mayor Cathy Heron. “Together, we will look at opportunities to provide a simplified and faster path for business investment in targeted areas by making the regulatory environment easier to navigate. This will include work to reduce red tape, and document available tools and strengths that we can leverage to increase investment opportunities.”
By working together on aligned economic goals in a coordinated and integrated way, partners can transition from transactional to transformational economic development.
“In order to compete as a region, we need to make it easy to do business here. This new model will allow our region to better align in order to attract new kinds of investment, essentially increasing the size of the proverbial pie, rather than simply dividing up the existing one,” said City of Edmonton Mayor Don Iveson. “By leveraging existing research and recommendations, with local regional expertise, we can shape what types of investment the partners should target, but also address challenges and barriers to create more opportunities for all,” said Edmonton Mayor Don Iveson.
“It’s exciting to be a part of a regional effort to support economic development in our area,” says Strathcona County Mayor Rod Frank. “By working together, we can reduce the red tape and make it less challenging for businesses and developers to establish themselves in the Edmonton Metro Region. This will help attract investment to our area, strengthen our local economy and create jobs.”