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The Way Edmonton Can Prosper

January 16, 2012

The City of Edmonton is beginning to gather ideas for its comprehensive economic development strategy, called The Way We Prosper. The strategy is being developed over the course of 2012 with the final product being a plan that will guide the economic development priorities of the City.

“Edmonton is faced with a heightened level of national and international competition to attract financial capital, workforce talent and business investment,” says Gary Klassen, General Manager, Sustainable Development. “As one of the City’s six strategic plans, this strategy will provide the direction for how the City can play a lead role in the development of a diverse and prosperous economy.”

The strategy is being prepared in collaboration with Edmonton Economic Development Corporation and in consultation with a wide range of local business leaders, educational institutions, community organizations and federal and provincial agencies engaged in economic development.

An online questionnaire is now available to gather the ideas of Edmontonians. Focus groups and an economic development workshop in the spring will also be held to gain input.

The City has hired an impressive team of experts to draft the strategy, led by Millier Dickinson Blais, one of the country’s leading economic development firms with offices in Alberta and Ontario. They are joined by Western Management Consultants based in Edmonton; Location Strategies from Ontario; and Queen’s Executive Decision Centre at Queen’s University in Kingston, Ontario.

The team has considerable experience in economic and industry research, sector strategies, business attraction strategies, performance measurement for economic development, strategic planning and community engagement. The consulting team will be preparing a community profile and economic base analysis showing the fundamental components and key drivers of Edmonton’s economy.

“The City vision describes Edmonton in the future as an economic powerhouse,” says Klassen. “This strategy will detail what is required to promote the growth and diversity of Edmonton’s economy.”

 

For more information:

Larry Wall

Title	Project Manager, The Way We Prosper
Telephone	780-496-3111