EDMONTON HAS ESTABLISHED ITSELF AS A LEADING HUB IN SEVERAL KEY INDUSTRIES
dmonton is the birthplace of several companies that have grown to international stature . The local retail market has also seen the creation of many successful store concepts , such as The Brick , Katz Group , Pizza 73 , Planet Organic , and Running Room .
The city ’ s geographical location has made it an ideal spot for distribution and logistics . CN Rail ’ s North American operational facility is in the city , and in a huge vote of confidence in the region , the company announced in 2020 that it would consolidate all its control operations in Edmonton .
Edmonton is building its growing economic status on six core economic sectors that are thriving and robust , representing the businesses of today and tomorrow .
supports the expanded valueadded processing of Alberta ’ s massive oil , gas , and oil sands reserves . These are reported to be the second largest in the world .
The Edmonton Metropolitan Region is home to one of the largest concentrations of energy , mining , and manufacturing businesses making up the economic backbone of Canada . An energy sector pioneer , the region is home to a booming petrochemical industry driving innovation in cleantech , hydrogen , alternative energy , and energy artificial intelligence ( AI ); all of which help attract business events seeking to tap into the region ’ s hands-on knowledge base .
Health and life science
The region is the heart of the province ’ s health sector , home to 60 % of all of Alberta life science companies , and Alberta Health Services ( AHS ), one of Canada ’ s largest health systems . With cutting-edge research institutes and industry leadership in pharmaceutical , biotech , diagnostics , and MedTech and devices , it ’ s easy to understand why life sciences organizations in these specialized fields are drawn to meet in Edmonton ’ s innovation ecosystem .
Technology and innovation
A central innovation hub core to the Pan-Canadian AI Strategy thanks to its leading R & D in AI and reinforcement learning , Edmonton is home to one of the top five AI research institutions in the world . Nearly 1500 companies employ over 16 000 people in the fast-growing sector .
Energy and Sustainability
The city is a staging point for large-scale oil sands projects occurring in northern Alberta and large-scale diamond mining operations in the Northwest territories . Edmonton traditionally has been a hub for Albertan petrochemical industries , earning it the nickname ‘ Oil Capital of Canada ’ in the 1940s . Supply and service industries drive the energy extraction engine , while research develops new technologies and
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