Economic Development
St. Albert is dedicated to promoting the community’s long-term economic health and establishing a business environment that’s vibrant, diverse, and resilient. The following data provides information on the City’s economic development efforts.
Indicators
Building Construction Value
This indicator measures the total dollar value of new building construction proposed as recorded by permits granted in St. Albert for residential, industrial & commercial, and institutional. These totals also include construction value from permits issued for renovations.
Reporting frequency: Quarterly Last updated: Q4, 2019
Comments
Q4 construction value: $37,771,550. This represents the approximate construction value for all buildings approved for construction to the end of the fourth quarter of 2018.
Living and Employed in St. Albert
This indicator shows the number of residents that are employed locally, as a percentage of the total population. This data is collected as part of the municipal census.
Reporting frequency: Annually Last updated: 2018
Comments
The number of residents employed full-time and part-time in the City of St. Albert increased between 2016 and 2018, from 12,526 to 13,320, a 6.34 percent increase over two years.
Local Employment as a Percent of Population
This indicator shows the number of residents that are employed locally, as a percentage of the total population. This data is collected as part of the municipal census.
Reporting frequency: Annually Last updated: 2018
Comments
The ratio of residents working in the City of St. Albert, either full-time or part-time, increased from 19.8 in 2016 to 20.16 percent in 2018. Overall, the trend since 2005 shows an increase in residents working locally.
Non-Residential Tax Assessment
Measures percentage of tax that is derived from non-residential properties.
Reporting frequency: Annually Last updated: 2018
Comments
Increases due to new growth and market value change.
Non-Residential Tax Percentage
Measures percentage of tax that is derived from non-residential properties.
Reporting frequency: Annually Last updated: 2018
Comments
Steady increase due to new growth.
Renovation Construction Value
Measures the construction value from residential, commercial, industrial, and institutional building renovations as recorded by building permits issued.
Reporting frequency: Quarterly Last updated: Q4, 2019
Comments
Q4 Renovation Construction Value: $3,669,550. This represents the approximate construction value for all building renovations approved for construction to the end of the fourth quarter of 2018.
Related Pages
Last edited: June 24, 2022