Edmonton Economic Development Corporation

Edmonton Economic Development Corporation

November 02, 2012 11:00 ET

Edmonton's Growing Financial Sector

EDMONTON, ALBERTA--(Marketwire - Nov. 2, 2012) - Edmonton's financial services industry is a rapidly growing part of the city's economy. At Edmonton Economic Development Corporation, in Edmonton, Alberta, Canada our key areas of focus are life sciences, financial services, energy, advanced technologies, advanced education and tourism.

As you concentrate on the finance industry, we would like to share information about activity in our region.

High Credit Rating Confirmed for City of Edmonton - Dominion Bond Rating Service has confirmed high credit ratings for the City of Edmonton. The agency says Edmonton continues to benefit from a solid economic growth outlook, very healthy cash availability at the end of 2011 of $1.2 billion, and consistently sound operating performance. Click here to read more.

Alberta will be Canada's economic growth engine for next decade - According to a report released Wednesday by CIBC World Market, the long-term potential growth forecast for the province is an annual average of 3.3 per cent between 2012-2022. Click here to read more.

Alberta's climate-change fund hands out $6.5M to 13 projects - The Climate Change and Emissions Management Corporation plans to fund 13 new clean technology projects led by small and medium-sized businesses. The projects will advance carbon capture and storage efforts, enhance energy efficiency and reduce emissions from fossil fuels. Click here to read more.

Edmonton has a strong financial services sector, home to the Alberta Investment Management Corp. (AIMCo), two regional banks and one of Canada's top credit unions. Visit Edmonton.com for more information on EEDC, or follow us on Twitter and like us on Facebook.

Edmonton Economic Development Corporation (EEDC) provides leadership in economic development, markets Edmonton as a must-see destination, manages the Shaw Conference Centre and Edmonton Research Park, and acts as a stakeholder in TEC Edmonton, a joint venture with the University of Alberta. For more information, visit www. edmonton.com Learn more about Edmonton through the stories of people who've experienced it at www.edmontonstories.ca

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