9.98°C Vancouver
connect fm logo

Oct 22, 2026 3:26 PM - Connect Newsroom - Ramandeep Kaur

Edmonton Allocates $23 Million to Boost Industrial Development

Share On

Edmonton Mayor Andrew Knack says the city has allocated $23 million to prepare industrial land for development, making it easier for builders to establish infrastructure and get projects up and running faster. The initiative is expected to attract new investment, create jobs and increase tax revenue.

Under the program, the city will spend $9 million in 2029 and $14 million in 2030. The funding will support 10 of the 33 industrial projects, with an additional $6.7 million in tax revenue expected beginning in 2030.

Knack said economic development is one of the four key priorities of the city's economic growth strategy and will help maintain affordability and sustainability.

The program will also offer a 25 per cent property tax reduction on new industrial buildings for three years, similar to an existing program in Calgary.

Latest news

See All
BCOct 22, 2026

70% of Vancouver Voters Back Ban on Public Drug Use

Nearly 70% of Vancouver voters supported banning the open use of drugs such as heroin, methamphetamine and fentanyl in public spaces, according to a non-binding question included alongside the municipal election ballot. Meanwhile, 68% supported urging the provincial government to build a secure medical facility with more than 100 beds at the site of the former St. Paul’s Hospital for patients struggling with severe mental health conditions and substance use disorders. Both questions were added to the ballot at the request of former Mayor Ken Sim. However, newly elected Mayor Pete Fry describ
AlbertaOct 22, 2026

Two Alberta Ridings Vote in Favour of Separating from Canada

A majority of voters across Alberta supported remaining in Canada in the recent referendum. However, two provincial ridings showed majority support for moving forward with the process toward a second referendum on separation. According to unofficial results from Elections Alberta, only two of the province’s 87 electoral districts recorded majority support for advancing the process. In Rimbey-Rocky Mountain House-Sundre, located north of Calgary, 51.1 per cent of voters supported the move, while 50.5 per cent in Central Peace-Notley in northwestern Alberta backed further steps toward another
AlbertaOct 22, 2026

Edmonton Allocates $23 Million to Boost Industrial Development

Edmonton Mayor Andrew Knack says the city has allocated $23 million to prepare industrial land for development, making it easier for builders to establish infrastructure and get projects up and running faster. The initiative is expected to attract new investment, create jobs and increase tax revenue. Under the program, the city will spend $9 million in 2029 and $14 million in 2030. The funding will support 10 of the 33 industrial projects, with an additional $6.7 million in tax revenue expected beginning in 2030. Knack said economic development is one of the four key priorities of the city's e
melanie-joly-gives-cleveland-cliffs-15-days-to-reinstate-500-laid-off-stelco-workers
CanadaOct 22, 2026

Melanie Joly Gives Cleveland-Cliffs 15 Days to Reinstate 500 Laid-Off Stelco Workers

Canada’s Industry Minister Mélanie Joly has issued a 15-day ultimatum to Cleveland-Cliffs, the U.S. parent company of Hamilton-based steelmaker Stelco, demanding that it reinstate approximately 500 laid-off workers or face legal action. The federal government says Cleveland-Cliffs agreed not to carry out layoffs in Canada until 2029 when it acquired Stelco in 2024. However, the company has defended the job cuts by citing tariffs imposed by U.S. President Donald Trump on Canadian steel. Joly has warned that the government could take the matter to court, potentially forcing Cleveland-Cliffs t
CanadaOct 22, 2026

Mark Carney Appoints Astronaut Jeremy Hansen as Special Adviser on Space

Canadian Prime Minister Mark Carney has appointed astronaut Jeremy Hansen as the government’s special adviser on space, as Canada looks to expand its space partnerships with Europe amid growing tensions with the United States. Hansen made history in April by becoming the first Canadian to travel farther into space than any other Canadian during NASA’s Artemis II mission around the Moon. In his new role, he will advise Carney and Industry Minister Mélanie Joly on Canada’s space strategy. Hansen expressed his excitement on social media, saying he looks forward to working with the governme

Related News

Two Alberta Ridings Vote in Favour of Separating from Canada

Two Alberta Ridings Vote in Favour of Separating from Canada

A majority of voters across Alberta supported remaining in Canada in the recent referendum. However, two provincial ridings showed majority support for moving forward with the process toward a second referendum on separation. According to unofficial results from Elections Alberta, only two of the province’s 87 electoral districts recorded majority support for advancing the process. In Rimbey-Rocky Mountain House-Sundre, located north of Calgary, 51.1 per cent of voters supported the move, while 50.5 per cent in Central Peace-Notley in northwestern Alberta backed further steps toward another
Danielle Smith Warns UCP Members: Support Canada or Leave the Party

Danielle Smith Warns UCP Members: Support Canada or Leave the Party

Alberta Premier Danielle Smith has issued a strong warning to members of her United Conservative Party (UCP), saying those who cannot support a pro-Canada position should return their party memberships and find another party. In a video posted on social media Wednesday, Smith made it clear that the UCP cannot afford divisions over the issue, warning that internal disagreements could put the party at risk of losing the next provincial election to the opposition NDP. Her comments came after Monday’s referendum, in which Albertans voted in favour of remaining part of Canada. Smith acknowledged
Alberta Premier Danielle Smith to Face Media Questions on Referendum

Alberta Premier Danielle Smith to Face Media Questions on Referendum

Alberta Premier Danielle Smith will answer media questions about the referendum at 11:30 a.m. today. The announcement comes after her televised address, in which she promised not to hold another referendum on Alberta’s separation from Canada during her time as premier. It will be the first opportunity for reporters to question Smith since Alberta voters chose to remain in Canada on Monday. In her address on Tuesday evening, Smith said the result gave her government a clear mandate to work for Alberta’s future within Confederation. She urged Albertans to move forward together while reaffirm
connect fm logo

Legals

Privacy policy
Journalism code of ethics
© 2021 AKASH Broadcasting Inc.
MANAGED BY STRATWIT

useful links

About
Advertisers
Careers
Contact
Feedback
Accessibility Plan
Broadcasting Notice of Consultation
BC Children's Hospital
Android app linkApple app link