Invest in St. Albert
- Steady residential, commercial, and industrial growth
- "Top Investment Town in Alberta" (Western Investor, Nov 2016)
- "Best Small City to Live in Canada" (MoneySense, 2015 & 2016)
- Median Household Income of over $136K CAD
- 617 acres designated for non-residential development (Lakeview Business District)
- The lowest crime severity index amongst Alberta municipalities with a population over 50,000 (Statistics Canada)
Our Investor Toolkit, available below, is comprised of industry studies prepared by consultants, as well as reports developed with in-house expertise.
Together, they provide economic insight for those looking to invest in St. Albert.
This comprehensive profile contains information on the City of St. Albert's people, labour force, developing lands, and other facts and figures. You can also request a hard-copy of this booklet at the St. Albert Business Centre.
The purpose of this report is to inform and educate the business community about economic factors which impact St. Albert and the surrounding region’s economy. Understanding the economic environment on a fundamental level can help to prepare businesses for future economic climates, and successful planning based on reliable information can ultimately lead to prosperity and growth for forward-thinking enterprises.
This study used data on the North American Industry Classification System (NAICS) codes for local St. Albert businesses to investigate how the local business landscape has
changed over the last fifteen years. It also examined factors such as average wages and economic diversity. In general, it is desirable to have an increasing diversity of business
types. This reduces the susceptibility of a community to swings in the economy that negatively impact individual industries.
The City of St. Albert conducted a study using the Canadian Sport Tourism Alliance (CSTA) Sport Tourism Economic Assessment Model (STEAM) to better understand the economic impact that key sporting and community events have on St. Albert, as well as regionally.
Economic Development conducted a Retail Market Analysis to help us better understand the local retail industry, gaps in service provision and potential markets to help grow and diversify our local economy. The analysis provides information to the community that will lead to the further development and maturing of the retail industry in St. Albert over the next five years.
Economic Development conducted a Hotel Demand Study to determine the appropriate location for, and type of, hotel development in the city.
To read the Hotel Demand Study, please contact the Economic Development Division. (780-459-1613)
The City of St. Albert conducted an updated analysis of its 2011 Future Industrial Land Requirements Study. The updated analysis of industrial market conditions within the Capital Region and the City of St. Albert assists in providing a market assessment for the proposed 250 ha (618 acre) industrial expansion area, dubbed "Employment Lands", located directly west of Ray Gibbon Drive.
Three studies were created internally to understand the employment and labour force environment in the community, as well as see how provincial and regional factors impact it.
Economic Development commissioned a study to identify needs and opportunities for entertainment through a comprehensive analysis of the entertainment industry in and around St. Albert.
Last edited: June 12, 2017