Since the federal election, Alberta's economic story continues to be about the energy sector and the challenges of getting the Province's natural resource to International markets. The Provincial government continues to advocate for the construction of pipelines to create jobs for Albertans and stimulate the economy.
- Edmonton's current unemployment rate increased to 7.5% and is currently above the average of 5.7%.
- With the overall vacancy rate at 7% landlords continue to be creative, offering discounted lease rates and various incentives to attract new tenants.
- Tenant's are reviewing their renewal options 18 to 24 months prior to expiry in an effort to capitalize on current market vacancies.