NAIOP and BOMA have created a primer for municipal candidates to better understand our industry. Many people are unaware that the real estate industry overall is the second largest industry in Alberta by GDP (after oil and gas1), and the largest municipally regulated industry. The commercial real estate industry contributes 50% of all of Edmonton’s property taxes, are major employers, and critical city building partners.
We’ve sent this to every candidate in Edmonton, and we need your help to make sure candidates understand our industry. Feel free to use this information when speaking with candidates, and also consider joining our ward roundtables and mayoral forum.