Developing Edmonton's Competitiveness

Developing Edmonton’s Competitiveness

What is Prosperity Edmonton

Prosperity Edmonton is a group of associations representing various parts of the business community in Edmonton. Association members include restaurants, retail outlets, construction and manufacturing companies – in other words, the diverse mix of businesses who work every day in Edmonton. We are concerned about the ever-escalating set of costs imposed on the people and businesses of Edmonton, which in combination are making it more and more diicult for households and businesses to thrive, invest, and stay in Edmonton.

When continual property tax increases are layered over the many other tax and regulatory increases imposed by all three orders of government, the result is an environment which stifles investment, discourages job creators, and ultimately decreases opportunities and prosperity for the people of the Edmonton Metropolitan Region.

We urge Edmonton City Council, in its upcoming budget, to hold the line on spending and work harder to find efficiencies to fund new priorities rather than resorting to tax increases.

EDMONTON TAX GROWTH VS POPULATION AND INFLATION

Triple Net Lease

Cost Pile Up

Focusing on the Essentials

YEG Tax Growth vs. Population and Inflation

River City Event Rentals

River City Event Rentals is an Edmonton based business and the constant increase of property taxes makes it harder and harder for them to give back to the community.

Zerginc Pharmacies

Zerginc Pharmacies is an owner-operated chain of pharmacies based in Alberta. Property tax increases and other costs imposed by governments have made it harder and harder to stay afloat.

Serenity Health and Wellness

Dr. Karima Merali is the owner of Serenity Health and Wellness Chiropractic Massage and Acupuncture Clinic, a small local business. Property tax increases and other costs imposed by governments have made it harder and harder to stay afloat.

Parkallen Restaurant

Joe Rustom is the owner and chef at Parkallen Restaurant, a small local business. Property tax increases and other costs imposed by governments have made it harder and harder to stay afloat.

Antrim Industries

Antrim Industries is a family-owned machining and manufacturing shop based in Edmonton. They have about 28 employees currently. Since they bought their building in the year 2000, property taxes have increased from about $20,000 per year to now $78,000 per year in 2018

IN THE MEDIA

City of Edmonton staff costs need rethinking

Edmonton – The City of Edmonton must take a hard look at staffing costs to reach financial sustainability, says Prosperity Edmonton. In wage negotiations with

Commercial tax rates continue to rise in Edmonton and Calgary

Concurrently, their periphery markets ranked among most entrepreneurial in Canada. I’d like to begin this post about a recent client I worked with who was

73% of Edmonton homeowners oppose any property tax increase: poll

Prosperity Edmonton said 73 per cent of those who participated in its Leger poll wanted a hold on tax increases, and 51 per cent believed

Edmonton council holds ‘pivotal special city council meeting’ about budget and funding

Members of Edmonton City Council had to rush to city hall Friday morning for an unscheduled meeting to solidify funding priorities and what it wants

How you can help

For media inquiries contact: [email protected]. For all other inquiries contact: [email protected]

info kit

Letters to Council

We have written two letters to Edmonton’s Mayor and Council, explaining to them the need for some respite for Edmonton homes and businesses from the long-term pattern of property tax increases.

RESEARCH AND INFORMATION

If you want to learn more about how we arrived at our numbers you can dig into the documents here.

PARTNERS

Prosperity Edmonton was formed by a group of businesses and non-profit business associations who share a common goal of ensuring that Edmonton has a competitive
tax and policy climate where businesses and people can grow and flourish.