City of Leduc hunkers down to traverse recession

City of Leduc mayor Greg Krischke is confident the city will be able take the situation in stride and still experience some positive growth.

Despite the prominent downturn in Alberta’s economy the City of Leduc mayor Greg Krischke is confident the city will be able take the situation in stride and still experience some positive growth

Despite the prominent downturn in Alberta’s economy the City of Leduc mayor Greg Krischke is confident the city will be able take the situation in stride and still experience some positive growth.

Krischke presented the city’s economic standings at the Leduc Regional Chamber of Commerce’s luncheon, held March 4.

“I know I’m stating the obvious when I say we’re experiencing hard times,” said Krischke.

“The prosperity we’ve had over the last number of years was great while it lasted. Yet we can meet this challenge head on,” he added.

He told attendees, as part of the city council, he and other councillors would continue to work as a strong team to ensure the sustainability of the city and all its factors. “Clearly we are fully aligned in the vision of where we want to go. We’re all strong leaders.”

In 2015 the City of Leduc experienced consistent population growth to more than 29,300 residents. “Which you can see is a 2.5 per cent increase over 2014 and 72 per cent growth rate in population since 2006,” said Krischke.

However, in 2015 permit values took a hit. There was a reduced number of new residences built; 637 in 2014 dropped to 324 in 2015.

Leduc did see a slight increase in commercial and industrial development last year.

“In total we had $255 million in new construction starts in 2015,” said Krischke.

A long term strategy the city is using to combat the recession is concentrating on non-residential development. Krischke says a focus is a 60/40 ratio of residential versus non-residential development. “As I’ve stated before planners call that a well balanced community.”

“Ten years ago we were at 76 (per cent), 24 (per cent). And this year we are at 68 (per cent) 32 (per cent),” he added.

Krischke explained how hard it is to change that ratio as new jobs bring new people and the larger a community grows the more businesses see it as a viable location. For every 1,500 new residences the city would need another quarter section of non-residential development to keep that ratio balanced.

While the city has not stagnated it is not seeing the same kind of growth as in past years. Krischke says people may not be able to control the economy but they can choose how they respond. “We can influence how we rise above these tough times.”

Krischke says by continuing to implement the Japanese principles of kaizen, which it the practice of continual improvement Leduc will be able to main successful. “These guiding principles are as follows: good processes bring good results, see things for yourself, speak with data and manage by facts, take action and work as a team.”

Another recognized important factor of sustainability, success and growth is collaborating partnerships. In the past the City of Leduc has partnered with Leduc County and the Edmonton International Airport to focus efforts to create fire emergency services that meet all the collective needs.

The City of Leduc recognizes the importance and strength of partnerships and has built 33 joint agreements with different programs, initiatives and events in the region.

More positive growth seen by the city recently includes the downtown revival plan. In 2012 the city had developed a master plan, a revival plan plan was adopted in early 2015 and then the project went to tender. However, what came back was too expansive and city council decided to hold off one more year.

There is a squeeze on the project as a large outlet mall being built at the Edmonton International Airport comes to fruition. Krischke wants the downtown and the city ready to welcome the thousands of visitors that would come to the community for the mall and have a strategy in place that will ensure the growth this mall will spur is fully realized.

“We will weather this storm and we will do it together,” said Krischke.

 

Just Posted

Edmonton International Raceway awards held Nov. 2

EIR awards night theme was “Here Comes the Rain Again, Dress Appropriately!”

Winter Warm Up in Wetaskiwin Nov. 21 to 24

Parade, photos with Santa and so much more in Wetaskiwin

Popular Christmas Checkstop drive returns to Wetaskiwin

2019 Wetaskiwin Charity Checkstop Dec. 7

Wetaskiwin council commits $65k to homeless shelter

Wetaskiwin City Council Allocates Funds to Open Emergency Shelter

Provincial Budget Negatively Impacts WRPS: board chair

WRPS faces over $3 million loss on original budget

Premier vows to fight for oilpatch as drillers forecast almost no growth in 2020

The CAODC said it expects the Canadian drilling rig fleet to continue to shrink

NDP Leader Jagmeet Singh meets Trudeau to discuss throne speech

Top ask was the immediate creation of a national universal Pharmacare program

Jagmeet Singh says he’ll vote against throne speech if NDP requests not met

Singh is to meet with Prime Minister Justin Trudeau on Thursday

Small group of Cherry fans protest his firing at Rogers HQ

One sign at the Toronto rally: ‘Rogers cancels Don, we cancel Rogers’

Ideas for Alberta independence would increase costs, Nenshi says

Province has formed panel to examine how to get what a ‘fairer deal’ from Confederation

Petition to ‘bring back Don Cherry’ goes viral after immigrant poppy rant

Cherry was fired from his co-hosting role for the Coach’s Corner segment on Nov. 11.

‘We love you, Alex!’: Trebek gets choked up by ‘Jeopardy!’ contestant’s answer

The emotional moment came in Monday’s episode when Trebek read Dhruv Gaur’s final answer

Imperial CEO says no to Aspen oilsands project until Alberta oil quotas gone

Imperial confirmed a plan to boost production from its Kearl oilsands mine

Most Read