[Perhaps the Alberta capital is poised to lose the Deadmonton label?]
Edmonton ‘best economic potential’ — Times (4:10 p.m.)
Awards ‘tell the world that Edmonton is the place to make things happen’
Ron Chalmers, edmontonjournal.com
Published: Monday, April 23, 2007
EDMONTON — Edmonton has the “best economic potential” of any North American city in rankings by a Financial Times of London publication.
Foreign Direct Investment magazine placed Edmonton immediately ahead of Mississauga, Charlotte, Tijuana, and Calgary among cities with populations above 500,000, in rankings, to be released Tuesday.
It also rated Edmonton fifth in North America for “best development and investment promotion,” after the American cities of Phoenix, Austin, Charlotte and Richmond.
That recognition was especially welcome, said Lisanne Lewis at Edmonton Economic Development Corp., which does this city’s investment promotion and submitted the nomination.
“We showed them how targeted we are,” Lewis said. “We talked about the four key industries that we focus our attraction strategy on: transportation and logistics; life sciences; petrochemicals; and manufacturing.”
Edmonton did not place among the top five large cities on separate measures of human resources, infrastructure, quality of life or business friendliness but did place fourth — after Juarez, El Paso, and Columbus — on a composite index of “top 10 large cities.”
The three awards “tell the world that Edmonton, with its sizzling economy, is the place to make things happen,” said Ron Gilbertson, EEDC president.
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Business writer Ron Chalmers will have a full report on Edmonton’s ranking in Tuesday’s Journal.
Edmonton ‘best economic potential’ — Financial Times
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