
6. Robust Economy
Goal
St. Albert has a thriving, diverse economy that offers a range of opportunities to work and invest, thereby supporting a sustainable tax base.
St. Albert supports a robust local service economy and is home to many office-based and industrial employers. The city’s economic health, nevertheless, is inextricably linked to the larger Edmonton metropolitan regional economy. More than half of employed St. Albertans have jobs based in Edmonton, and many people from outside the city visit St. Albert for its renowned features, events, and services, contributing to the dynamics of a regional economy. Moving forward, disruptors and technological advances are expected to transform workplaces and the way we obtain goods and services.
With its educated population and high quality of life, St. Albert has great potential to attract and accommodate significant employment opportunities. Increasing the number of businesses and jobs in St. Albert will achieve a sustainable balance between residential and non-residential tax revenue. Much of the city’s employment growth will be accommodated in the Lakeview Business District. The City will also continue to support business retention, entrepreneurship, and postsecondary educational opportunities within St. Albert. The principles and policies in this section support a robust economy within St. Albert and the broader region.Topics in this section
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Last edited: September 9, 2021