Monday, December 5, 2022
Home Woman business Energy projects help bring big economic boost to town of Edson

Energy projects help bring big economic boost to town of Edson

It may be a small town with only about 8,000 people, but Edson is experiencing a big boost in visitors.

“Our rentals are at zero per cent vacancy, our hotels are full, the workers are actually supporting our restaurants, our stores, our service businesses,” Edson and District Chamber of Commerce President Karen Spencer-Miller said.

The mayor of Edson, about 200 km west of Edmonton, Kevin Zahara said over the past year, the region has undergone a noticeable change in economic growth.

Read more:

Alberta Premier Jason Kenney heads to Washington, D.C., to talk energy and trade issues

Roughly 2,000 people have moved to the community because of three large energy projects underway in the region.

“We have a lot of natural gas producers so that’s one of the reasons why Cascade is being built — that’s a $1.5 billion dollar power plant project — and of of course we have the Trans Mountain pipelines coming through to B.C., and TC Energy also has some pipeline projects going on in our area,” said Zahara.

Story continues below advertisement

HE said the influx of workers has created a significant demand for living accommodations.

He said events including major hockey tournaments have had to cancel because there is simply no room.

“These folks are staying in our hotels, they’re renting rooms, citizens are renting their basement suites, for example, or maybe renting a room in their homes and bringing in revenue that way,” Zahara said.

This past year, the town has faced some hardships with some high profile crimes and businesses being hit hard by the pandemic.

Read more:

Majority of southern Alberta businesses optimistic entering 2022: survey

But the Edson Chamber of Commerce said this financial uptick has benefited bank accounts and improved morale.

“We’re definitely excited, we’re excited for our businesses,” said chamber president Karen Spencer-Miller.

Spencer-Miller said while this boom is temporary, she hopes Edson’s prime geographic location and economic opportunities will draw in more people and businesses to want to stay long-term.

And Mayor Zahara said incentives are in place for that.

Read more:

Alberta’s economy hardest hit of all Canadian provinces in 2020 due to COVID-19 pandemic

Story continues below advertisement

“We are taking a number of initiatives to reduce red tape currently in order to encourage development. We have some bylaws in place if someone wants to develop a commercial property, for example, they don’t have to pay taxes for the first two years of that development,” Zahara said.

Zahara said at this point the town doesn’t know how much money has been brought in with this recent boom, but whatever that amount may be, it’s a welcome boost.

© 2022 Global News, a division of Corus Entertainment Inc.

Most Popular

Canada’s largest lobster fishery, in southwestern N.S., launches after weather delay

By Staff The Canadian Press Posted December 5, 2022 11:04 am Descrease article font size Increase article font size

Charges laid in connection with Barrie workplace death investigation in 2021

After a year and a half of investigation, an Orillia, Ont., man and a crane company have been charged with criminal negligence after a...

Remains of last Tasmanian tiger unearthed after being lost for 85 years

For decades, the remains of the last Tasmanian tiger to walk this Earth were believed to be lost. It turns out they were just...

Peterborough health unit warns a ‘bad batch’ of drugs is circulating in area

Peterborough Public Health issued another alert following an increase in suspected drug poisonings on the weekend. On Saturday, the health unit received reports that a...