Alberta’s Local Economy Unpacked
- Municipal Affairs

- 19 hours ago
- 2 min read

Today, we’re taking a close look back at the economic outlook of 2025—and what it means as we head into 2026.
2025 has been a year of contrasts. Across Alberta, municipalities have faced the ongoing impacts of global economic uncertainty—rising inflation, volatile markets, and the ever-present chatter about a potential global recession.
At the same time, many communities have shown remarkable resilience, leveraging regional partnerships, strategic planning, and innovative initiatives to maintain momentum and pursue growth opportunities.
So, the big question is this: are Alberta’s municipalities on a steady path toward prosperity, or are we bracing for a year that could be as unpredictable as a rollercoaster?
The answer, as we’ll hear today, is more nuanced—and far more interesting—than a simple yes or no.
Today’s discussion will provide an insider’s view on how municipalities are navigating challenges, what strategies were effective in 2025, and what the priorities and opportunities will be for 2026.
From supporting local businesses and attracting investment to building resilient infrastructure and fostering regional collaboration, our guests will take us behind the curtain on the work being done to grow Alberta’s economy, one municipality at a time.
Joining me for this roundtable discussion are three leaders who are at the forefront of regional economic development: Bob Bezpalko, Executive Director of Alberta HUB; Peter Casurella, Executive Director of the SouthGrow Regional Initiative; and Paul Salvatore, Executive Director of the Central Alberta Economic Partnership.
Each of these organizations plays a unique role in connecting municipalities, supporting local economies, and shaping the growth strategies that help communities thrive.
This is Municipal Affairs.
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