Edmonton Economic Performance Gets "A-Minus" Grade

 

EDMONTON, ALBERTA, Apr 17, 2012 (MARKETWIRE via COMTEX) -- Edmonton's economy was awarded an overall "A-minus" grade by Edmonton Economic Development Corporation (EEDC) president and CEO Ron Gilbertson today.

 

In his economic update at EEDC's annual lunch today, Gilbertson highlighted the diverse initiatives, underway and planned, to attract people and investment to Alberta's capital city. "Edmonton has a remarkable economic story. In 2011, our economy grew and showed momentum, and we are poised for a bright future," says Gilbertson. "Combine that with our quality of life, we are well on our way to becoming recognized as one of the world's top mid-sized cities."

 

Aside from Gilbertson's state-of-the-economy address, EEDC recognized Edmonton-area organizations with its annual achievement awards: Quantiam Technologies in the innovation category, Homeward Trust Edmonton for community leadership, and Donovan Creative Communications for recognition category.

 

Based in the Edmonton Research Park, Quantiam recently built one of Canada's largest private nanotechnology-based manufacturing facilities to provide its proprietary surface coating technology to a global client list, in partnership with the world's largest chemical company. The innovation award recognizes those which have created or changed a product, process or business practice creating the broadest impact.

 

The business or community leadership award recognizes organizations that best engage our community or industry to actually achieve impactful positive change. Homeward Trust was singled out for leading our community to help the homeless in a caring, holistic and effective manner.

 

Donovan Creative's work in award-winning campaigns for Edmonton International Airports and Edmonton Public Library increases Edmonton's visibility worldwide. The recognition award celebrates organizations that bring extensive positive awareness and sustained name recognition of Edmonton.

 

"Shortlisting the submissions was not an easy task," notes Richard Brommeland, EEDC board member and chair of the award selection committee. "The award winners do amazing work, and we are the better for them calling Edmonton home."

 

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

Source: http://www.marketwatch.com/story/edmonton-economic-performance-gets-a-minus-grade-2012-04-17