City of Leduc leads the way in new regional EcDev initiative

Wednesday, May 10, 2017

Leduc City Council is pleased to announce its unanimous decision to become the first shareholder in a proposed regional economic development initiative created by the Capital Region Board.

“We're excited to be a part of this new Economic Development organization that will further enhance the long-term growth and sustainability of the metro region,” says Leduc Mayor Greg Krischke. “We’re eager to begin and look forward to working with our fellow shareholders come May 24.”

The new initiative, the Edmonton Metropolitan Region Economic Development Entity (EMREDE), will develop a regional economic development strategy to market the metro region on a global scale, as well as attract businesses and talent from around the world. Member municipalities of the Capital Region Board will have an opportunity to join the EMREDE by May 24, 2017.

“Important to the council’s decision was the understanding that available funding from the provincial and federal governments for regional economic development will be more accessible to meet growing demands of this metro region,” says Mayor Krischke.

Once all new municipal shareholders are in place, the EMREDE will appoint a chief executive officer and board of directors.

“We’re very pleased to see the City of Leduc become an early adopter in joining this exciting and new economic development opportunity to help bring further prosperity to the metro region,” says Mary Cameron, interim chair of the EMREDE. “I expect the start-up process of this new entity will take a number of months as the shareholders will make any refinements to agreements and details of association,” said Mary Cameron.

For more information, please visit the Capital Region Board’s website.

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Leduc is a growing, dynamic city in the heart of Canada’s economic engine and conveniently located at the crossroads of air, highway and rail transportation. The City of Leduc is a centre of innovation, entrepreneurship and quality of life. As a regional leader, the city, together with other municipalities in the area, plays a key role in protecting the integrity of the Edmonton International Airport (EIA) and leading economic development in the region, including Aerotropolis. For information on non-emergency city services and programs, visit www.leduc.ca or follow us on Twitter @cityofleduc

MEDIA CONTACT:
Nikki Booth, manager of Communication and Marketing Services with the City of Leduc
780–980–8473
nbooth@leduc.ca

Mary Cameron
Chair, Interim Board of Directors, Edmonton Metropolitan Regional Economic Development Entity
780-638-6000