Medicine Hat Economic Development

By the end of September, the number of building permits issued in 2024 had surpassed the number of permits in 2023 by a whopping 609%! 🔹The number of single detached homes increased by 13% 🔹Semi-detached homes increased by 267% 🔹There are already 94 new apartment units in 2024 compared to zero in 2023 🔹There are five development permits for rowhouses/townhouses this year compared to zero in 2023 Overall, this amounts to a 609% increase in new residential housing this year. You can find these statistics and more at https://bit.ly/3YEs291. #medicinehat #medhat #HousingStarts #BuildingPermits

Medicine Hat’s own Wesley Paterson of Paterson Consulting Inc. represented Canada at the IMC Armenia International Council of Management Consultants (CMC) Conference in Yerevan, Armenia this month. During the conference, Paterson shared his professional expertise in organizational wellness, leadership and coaching as one of the panel participants on a discussion about 'Transforming Industries With AI' and delivering a master class on 'Productivity and Performance Hacks.' Moreover, he also received the National Championship Award for Canada at the Constantinus International Awards for his project “Revive & Thrive: Unleashing the Power of Humic and Fulvic Acid for Sustainable Growth.” This ground-breaking venture developed with Carbon OxyTech Inc. focuses on transforming agriculture by reducing reliance on nitrogen fertilizers, saving water, and turning waste into valuable resources. This project is part of the federally funded MAS Program, which helps Canadian businesses grow with support from the NRC IRAP. For over 20 years, Canadian Association of Management Consultants (CMC-Canada) has provided consulting services through this program. You can read Paterson’s case study for Revive & Thrive: Humic & Fulvic Acid for Sustainable Growth at https://bit.ly/48jYTmH 🎉 Congratulations Wes and Carbon OxyTech!

With over $4 million in sold or pending lots in Medicine Hat this year, the City of Medicine Hat's Land Development and Real Estate team is working hard to ensure your development dream becomes reality. Stay up to date with both residential and commercial land available within City limits by subscribing to this newsletter. #medhat #medicinehat #yxh #RealEstate #LandDevelopment #LandForSale

We can’t wait to see you at the Business Growth Tradeshow happening this Wednesday, October 23! Visit the Economic Development team, ask your burning questions, and explore our programs designed to support your business. This event is all about building connections and finding the right tools for your success. Let’s make it happen together—see you there! Learn more here: https://lnkd.in/gEuzANxy

On October 16, Medicine Hat Economic Development attended the fourth-annual Premier’s Summit on Fairness for Newcomers. Premier Danielle Smith, the Minister of Advanced Education, and Minister of Immigration & Multiculturalism were in attendance to discuss foreign credential recognition, workplace mentorship, and supporting the trades. There were panel discussions on newcomer experiences, business best practices, and the skills trades union. Keynote speaker and former Ontario Minister of Labour, Immigration, Training and Skills Development, Monte McNaughton, shared the innovative Working for Workers initiatives that Ontario has taken including an increase of minimum wage to $17.20. This event provides insight into best practices for hiring and training newcomers, efforts to support newcomers in the skilled trades workforce, and an opportunity to raise the profile of Southeast Alberta Municipal Immigration. Southeast Alberta is a welcoming community for newcomers to thrive and prosper. We are committed to supporting local businesses with the attraction and retention of skilled workers. If you have any questions about supporting your workforce needs, you can leave questions in the comments or reach out to us at www.saimmigration.ca City of Medicine Hat Town of Redcliff Cypress County #fairnessfornewcomers #workforcedevelopment #economicdevelopment

Medicine Hat Economic Development hosted 23 investment attraction professionals for an event called OpporTOURnity Medicine Hat. The purpose was to showcase the city's value proposition, growth potential, and raise its profile within the investment community. The day-and-a-half event included an evening social mixer at the Whiskey District allowed the delegates to mingle with local business leaders and regional partners. The next morning, a breakfast and city tour on the Sunshine Trolley bus, hosted by Tourism Medicine Hat, provided an overview of the city's geography and cultural history. At the Esplanade, Medicine Hat Economic Development and senior leaders from utilities, land, and planning departments presented the city's value proposition and reasons to invest. This was followed by an open networking event with regional partners, reinforcing the support available for growing the local economy. The highlight was a lunch with Premier Danielle Smith, who praised Medicine Hat's economic development team as the best in the province and touted the city as an ideal investment destination. The afternoon featured engaging industry tours of Methanex and UVAD, showcasing the city's strengths in petrochemical manufacturing and drone technology.  “The event went very well and was a sterling success. We were able to create an interesting, engaging and exciting environment about Medicine Hat as an investment destination. Events like these create relationships that will bring long term economic success to our city.” - Al Sharma, Manager of Investment Attraction “The tour allowed us to showcase not only Medicine Hat's potential, but also the fabulous work being done by the Medicine Hat Economic Development team.” - Selena McLean-Moore, MH Economic Development Director The event was well-received, with comments praising the organization, energy, and overall impression of Medicine Hat as a great investment opportunity with the resources and support to help businesses succeed. City of Medicine Hat Tourism Medicine Hat Alberta Ministry of Jobs, Economy and Trade

This week, we toured investment professionals from across the province. Delegates networked with local businesses, participated in a cultural tour, learned about the #MedicineHat and #SoutheastAlberta value proposition, connected with regional elected officials, enjoyed lunch with Premier Danielle Smith and toured Methanex Corporation and #defenceandaerospace company UVAD. We look forward to lasting relationships with our delegates and working together to sell opportunities in Medicine Hat and Southeast Alberta. #economicdevelopment #opportunityyxh #collaboration #investment

The countdown is on for the Business Growth Tradeshow! This event is your one-stop destination to connect with organizations dedicated to supporting your business’s growth. From grant funding to workforce support, you'll find everything you need to succeed. Don’t miss the chance to meet with Medicine Hat Economic Development and discover how we can help you thrive. Mark your calendar for October 23rd! Learn more here: https://lnkd.in/gEuzANxy

Ready to take your business to the next level? The Business Growth Tradeshow on October 23rd is where it all begins! Connect with service providers who can unlock new opportunities for your business. Economic Development will be there, alongside other leaders in the field, to offer the guidance and support you need. Learn more here: https://lnkd.in/gEuzANxy

Exciting news! 🙌 New applications for projects across the city are now being accepted until October 11, 2024 under the Housing Infill & Redevelopment Incentive Program. 🏡 This program is geared to help diversify the housing market by providing assistance to help develop multi-family units and backyard suites. Use the link below to learn more and to submit your application by the 11th! https://bit.ly/4gu8738 Please note remaining funds are limited. #MedicineHat #medhat #yxh #OpportunityYXH #RealEstate #HousingIncentive #EnergizingOurFuture