Edmonton – Comprehensive Overview of the City, PEST Analysis and Key Industries including Technology, Tourism and Hospitality, Construction and Retail

“City Profile – Edmonton” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Edmonton.

• The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

In 2023, Edmonton metropolitan area accounted for 4.7% of Canada's GDP, bolstered by presence of wide range of crucial sectors such as manufacturing, petrochemicals, transportation, life sciences, and agribusiness. Elevated oil prices, improvements in transportation and warehousing, and affordable housing underpinned the economic growth even though rising interest rates and inflation affected consumer purchasing power.

Scope

Key Findings:

• The service sector is key driver of the Edmonton metropolitan area’s economy, accounting for 68.2% of the total GVA in 2023

• In 2023, international visitor spending in Alberta fully rebounded to pre-pandemic levels, fueled by a resurgence in international travel, ongoing domestic growth, high inflation, and increased consumer focus on travel. The province surpassed previous records of the visitor count, marking a transition from recovery to resilience in its visitor economy.

Reasons to buy

Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.

Analyze and understand the business environment in the city to align your investment and expansion strategies.

The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.

Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.

Table of Contents

1. City Snapshot

2. PEST Analysis

2.1 Political

2.2 Economic

2.3 Social

3. Technology and Infrastructure

3.1 Communications

3.2 Internal Transport Networks

3.3 Connectivity

3.4 Airport

4. Business Environment Analysis

5. Travel and Tourism

5.1 Tourism Flows

5.2 Hotels

5.3 Attractions

5.4 Events

6. Construction and Real Estate

6.1 Investment

6.2 Real Estate Market

7. Retail

7.1 Retail Market

7.2 Consumption, Income and Prices

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List of Tables

Table 1: Edmonton metropolitan area – key facts (estimates), 2023

Table 2: Edmonton metropolitan area– real GDP and real GDP growth, 2000–30

Table 3: Edmonton metropolitan area– economic growth comparison (Index 2010=100), 2000–30

Table 4: Edmonton metropolitan area– GDP per capita comparison, 2000–30 ($)

Table 5: Edmonton metropolitan area– employment structure, 2000–30 (% of total)

Table 6: Edmonton metropolitan area – main universities, 2024

Table 7: Edmonton metropolitan area – population comparison, 2000–30 (million)

Table 8: Edmonton metropolitan area – population by age, 2000–30 (% of total)

Table 9: Edmonton metropolitan area – mass transit network indicators, 2023

Table 10: Edmonton metropolitan area – Edmonton International Airport, key indicators, 2019–24*

Table 11: Edmonton metropolitan area – MICE and other events

Table 1: Edmonton metropolitan area – key facts (estimates), 2023

Table 2: Edmonton metropolitan area– real GDP and real GDP growth, 2000–30

Table 3: Edmonton metropolitan area– economic growth comparison (Index 2010=100), 2000–30

Table 4: Edmonton metropolitan area– GDP per capita comparison, 2000–30 ($)

Table 5: Edmonton metropolitan area– employment structure, 2000–30 (% of total)

Table 6: Edmonton metropolitan area – main universities, 2024

Table 7: Edmonton metropolitan area – population comparison, 2000–30 (million)

Table 8: Edmonton metropolitan area – population by age, 2000–30 (% of total)

Table 9: Edmonton metropolitan area – mass transit network indicators, 2023

Table 10: Edmonton metropolitan area – Edmonton International Airport, key indicators, 2019–24*

Table 11: Edmonton metropolitan area – MICE and other events

List of Figures

Figure 1: Edmonton metropolitan area– real GDP and real GDP growth, 2000–30

Figure 2: Edmonton metropolitan area– economic growth comparison (Index 2010=100), 2000–30

Figure 3: Edmonton metropolitan area– GDP per capita comparison, 2000–30

Figure 4: Edmonton metropolitan area– employment structure, 2000–30 (% of total)

Figure 5: Edmonton metropolitan area – population comparison, 2000–30

Figure 6: Edmonton metropolitan area – population by age, 2000–30 (% of total)

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