Strathcona County Council voted unanimously Tuesday to become a shareholder in the new Edmonton Metropolitan Region Economic Development Entity.
The county is one of the early adopters of the economic initiative, with the City of Leduc and Parkland County following suit.
The initiative proposes to develop a regional economic development strategy to market the capital region globally. The proposal also plans to attract businesses and talent to the region.
Short-term outcomes include developing a regional brand, a regional database, and a regional economic development strategy.
“Strathcona County’s participation makes good sense,” said mayor Roxanne Carr.
“In our region, no one municipality has the resources to compete effectively on a global scale. Together, we present a much stronger business case to international investors."
Two of the the outcomes proposed by the board align closely with Strathcona County's strategic priorities, which aim to "advance the community’s interests by developing and maintaining strong relationships with neighbouring municipalities and civic organizations, ensuring long-term prosperity" and "to promote the county locally, nationally and internationally as a place that is open for business and investment."
The idea for the regional economic development entity was previously identified by the Capital Region Board which supported and began the development of the new entity.
Bruderheim is also eyeing the possibility of becoming a member of the economic board as they aim to ensure their town is economically prosperous now and into the future.