alberta retail sales€¦ · 11/05/2017 · alberta retail sales january –feb 2016 2017...

Alberta Retail Sales

January – Feb

2016 2017

$12,427,600 $13,284,800

A 6.9% increase from the previous year

Source: AlbertaCanada.com

Alberta Retail Sales (Millions)

February

2016 2017

$6.2 $6.6

6.3% higher than previous yearSource: AlbertaCanada.com

Alberta Employment Population

Dec 2016 Q1 2017

2,267,000 2,289,000

An Increase of 22,000 since December 2016 or 1%

Source: Statistics Canada

Alberta Unemployment Rate

March

2016 2017

7.2% 8.4%

Third highest in Canada (tying with New Brunswick)Newfoundland and Labrador 14.9%; Nova Scotia 8.6%


Alberta Average Weekly Earnings

February

2016 2017

$1,142 $1,122


The highest in Canada and 15% higher than the national average of $975

Edmonton’s Population

2015 2016

901,460 915,997

An overall increase of 1.61%Source: City of Edmonton

Retail Square Footage

Edmonton Calgary

35 Million Sq. Ft. 32 Million Sq. Ft.

WTI Oil Price

May

2016 2017

$43.78 $47.82


An increase of 9.23% since last year

Price of Natural Gas(per gigajoule)

February

2016 2017

$1.82 $2.39


An increase of 31.3% since last year

$CDN - $USD Exchange

March

2016 2017

1.34 1.33

Source: XE.com

Class A Retail Space$/sq. ft. (2,000 to 3,000 sq. ft.)

Existing New Build

Saskatoon $28.00 - $33.00 $35.00 - $38.00

Regina $34.00 - $38.00 $38.00 - $42.00

Calgary $35.00 - $42.00 $40.00 - $45.00

Edmonton $30.00 - $36.00 $34.00 - $39.00

Vancouver $34.00 - $40.00 $38.00 - $42.00

Edmonton International Airport

May 11, 2017

15

Edmonton International Airport

Economic Driver

Confidential 1612,600 jobs $1.1 billion GDP $2.2 billion economic output

Mission & How We Operate

Mission: Driving our region’s economic prosperity through aviation and commercial development

• Not-for-profit corporation- all earnings reinvested into the airport

• Self-funded - not supported by taxes or public funds

Real Estate Development: Areas of Focus

• Driving regional economic prosperity through development of the Airport City

1. Destination2. Logistics3. Specialized Manufacturing4. Education

Highway 2

Main Terminal

65th Ave

Over $500 million in private investment committed to since 2015.Approximately $300 million invested between 2012 and 2015.

N

Questions

21

WEST EDMONTON MALL

photo credit: A-Frame Inc. photo credit: A-Frame Inc.

THE CORE

photo credit: Jamie Hyatt

THE CORE

photo credit: Jamie Hyattphoto credit: Jamie Hyatt

LONDONDERRY

Edmonton Real Estate Forum- Retail PanelWHY ARE NEW RETAIL DEVELOPMENTS & NEW TENANTS COMING INTO THE EDMONTON MARKET IF

THE ECONOMY IS NO GOOD?

EMERALD HILLS, SHERWOOD PARK

EMERALD HILLS DISTRICT –LARGE FORMATCENTRE, SHERWOOD PARK

SOUTHPARK ON WHYTE

THE ICE DISTRICT… A NEW LEVEL OF RETAIL

QUEEN AND SHERBOURNE… THE FUTURE STARTS IN THE EAST

Thank you

alberta retail sales€¦ · 11/05/2017 · alberta retail sales january –feb 2016 2017...

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