{"id":78448,"date":"2026-09-15T12:15:57","date_gmt":"2026-09-15T12:15:57","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/09\/15\/posthaste-move-over-toronto-and-vancouver-this-canadian-city-was-just-flagged-the-one-to-watch-in-the-next-decade\/"},"modified":"2026-09-15T12:15:57","modified_gmt":"2026-09-15T12:15:57","slug":"posthaste-move-over-toronto-and-vancouver-this-canadian-city-was-just-flagged-the-one-to-watch-in-the-next-decade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/09\/15\/posthaste-move-over-toronto-and-vancouver-this-canadian-city-was-just-flagged-the-one-to-watch-in-the-next-decade\/","title":{"rendered":"Posthaste: Move over Toronto and Vancouver, this Canadian city was just flagged the one to watch in the next decade"},"content":{"rendered":"

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Only one Canadian centre made the list of key cities to watch on a global ranking out today \u2014 and it wasn\u2019t Toronto, Vancouver or Calgary. <\/p>\n

Edmonton, Alberta\u2019s capital and the fifth largest city in Canada, was named by Oxford Economics\u2019 Global Cities Index as an \u201cemerging star\u201d in North America, along with Boise, Idaho, Durham, North Carolina, Jacksonville, Florida, and San Antonio, Texas. <\/p>\n

\u201cThese cities each have distinct strengths but are united by their productivity-led growth, an ability to move up the value chain, and their increasing strength in attracting innovative businesses and the highest-skilled workers,\u201d said Liam Sides, a director at Oxford Economics, and lead author of the report. <\/p>\n

The Oxford Index ranks 1,000 of the world\u2019s major cities by evaluating their economics, human capital, quality of life, environment and governance. <\/p>\n

New York, London, and Paris topped the index in 2026, followed by Seattle, San Francisco, Dublin, Boston, San Jose, Calif., Tokyo, and Zurich. <\/p>\n

But this year Oxford introduced a new \u201ccities to watch\u201d section that highlights emerging metros that are \u201cforging independent growth paths that key stakeholders and policymakers can no longer afford to ignore.\u201d <\/p>\n

Edmonton made the list because, according to these economists, it is poised for great things over the next decade. One of North American\u2019s fastest-growing urban economies, the city has made strong gains in gross domestic product, employment and population, said the report. <\/p>\n

Though it is known for its role in the oil and gas industry , Edmonton is in the process of diversifying its economy to support more sustainable, long-term growth, it said. <\/p>\n

\u201cRecent developments \u2014 such as the expansion of the Trans Mountain Pipeline to transport more oil from Edmonton to the Port of Vancouver and proposed carbon capture projects by Alberta-based oil producers \u2014 suggest the city remains firmly invested in the future of fossil fuels,\u201d said the report. <\/p>\n

\u201cBut as the world transitions to more sustainable energy sources, the city is well positioned to leverage its increasing dynamism for long-term growth.\u201d <\/p>\n

As the capital of Alberta and home to the University of Alberta, the city benefits from a strong public sector and research base. <\/p>\n

The economists predict over the next five years the western city\u2019s employment and population will grow at the second fastest rate of any city in the United States and Canada as high-paying jobs in business services and the oil sector attract young workers. <\/p>\n

\u201cDisposable incomes in the city \u2014 which are already higher than the national average \u2014 are set to rise at one of the fastest rates in Canada, boosting consumer spending,\u201d said the report. <\/p>\n

While home prices soared in Canada during the population boom early in the decade, Edmonton has managed to remain more affordable than many other major cities, said Oxford. This affordability is supporting the city\u2019s growth, attracting newcomers from across the country seeking a lower cost of living. <\/p>\n

Edmonton came 125th in the overall ranking of 1,000 cities, with only four Canadian cities making the top 100. Toronto ranked 20, Vancouver, 24, Montreal, 62, and Calgary, 69. <\/p>\n

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Sign up here to get Posthaste delivered straight to your inbox.<\/strong><\/em> <\/p>\n

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\"\"<\/strong> <\/p>\n<\/p>\n

Food prices fall behind overall inflation for first time in two years<\/h2>\n

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Canadian caught a break in their household expenses this summer as food price growth fell behind the pace of overall inflation for the first time in two years. <\/p>\n

Data from Statistics Canada out Monday showed that prices for store-bought food rose by 2.8 per cent in August, down from 3.1 per cent in July, and below the 3 per cent overall inflation for the month. <\/p>\n

Dairy products led the slowdown in grocery store inflation. After a 3.1 per cent annual increase in July, prices rose by 0.7 per cent in August due to slower price increases for cheese and yogurt. <\/p>\n

Smaller price increases for pork, condiments, spices and vinegars, and fresh fruit also contributed. <\/p>\n

However, Robert Kavcic, a senior economist at BMO Capital Markets, warned that the slowdown may be a \u201cfalse lull.\u201d <\/p>\n

\u201cGiven what we\u2019re seeing with energy costs, the weather and agriculture prices through the fall and winter \u2026 We do see food prices (increasing) again,\u201d he said. <\/p>\n

\u201cAugust was a month where a lot of the volatile items in the food basket actually came down and helped us a little bit, but that\u2019s not something you can count on going forward.\u201d <\/p>\n

Read the whole story here<\/strong><\/em> <\/p>\n

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  • Day two of the Canada Investment Summit in Toronto.<\/li>\n
  • Today\u2019s Data:<\/strong> Canada\u2019s existing home sales for August<\/li>\n
  • Earnings:<\/strong> Casey\u2019s General Stores Inc.<\/li>\n<\/ul>\n
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    <\/figure>\n
    \n

    \"\"<\/strong> <\/p>\n

      \n
    • TD and Scotiabank join other banks in promising to deploy over $250 billion dollars worth of capital<\/li>\n
    • Odds of a Bank of Canada rate hike in December rise with oil in the inflation \u2018driver\u2019s seat,\u2019 say economists<\/li>\n
    • Few places to hide in markets as oil prices stay higher for longer, warns David Rosenberg<\/li>\n<\/ul>\n
      \n

      \"\" <\/p>\n

      Are you in the market for a home? You may ask yourself whether buying one in the middle of a trade war is a good idea. Markets may have bottomed in some regions, but job security and interest rates could trump other factors, writes Financial Post columnist Garry Marr. Read more here <\/p>\n

      \n

      <\/span>\"\" Interested in energy? The subscriber-only FP West: Energy Insider newsletter brings you exclusive reporting and in-depth analysis on one of the country\u2019s most important sectors. Sign up here. <\/p>\n

      \n
      Are you worried about having enough for retirement? Do you need to adjust your portfolio? Are you starting out or making a change and wondering how to build wealth? Are you trying to make ends meet? Drop us a line at <\/span>wealth@postmedia.com<\/span> with your contact info and the gist of your problem and we\u2019ll find some experts to help you out while writing a Family Finance story about it (we\u2019ll keep your name out of it, of course).<\/span><\/div>\n
      \n

      McLister on mortgages<\/h2>\n

      Want to learn more about mortgages? Mortgage strategist Robert McLister\u2019s Financial Post column can help navigate the complex sector, from the latest trends to financing opportunities you won\u2019t want to miss. Plus check his mortgage rate page for Canada\u2019s lowest national mortgage rates, updated daily. <\/p>\n

      \n

      Financial Post on YouTube<\/h2>\n

      Visit the Financial Post\u2019s YouTube channel for interviews with Canada\u2019s leading experts in business, economics, housing, the energy sector and more. <\/p>\n

      \n

      Today\u2019s Posthaste was written by Pamela Heaven with additional reporting from Financial Post staff and Bloomberg.<\/em> <\/p>\n

      Have a story idea, pitch, embargoed report, or a suggestion for this newsletter? Email us at posthaste@postmedia.com . <\/p>\n

      \n
        \n
      • The global bond blowup is starting to hit home \u2014 literally<\/li>\n
      • Canada’s credit rating could be the next casualty in Trump’s trade war<\/li>\n<\/ul>\n

        Bookmark our website and support our journalism:<\/strong> Don\u2019t miss the business news you need to know \u2014 add financialpost.com to your bookmarks and sign up for our newsletters here<\/em> <\/p>\n

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        Posthaste: Move over Toronto and Vancouver, this Canadian city was just flagged the one to watch in the next decade<\/a>
        \n
        2026-09-15 12:15:57<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

        Only one Canadian centre made the list of key cities to watch on a global ranking out today \u2014 and it wasn\u2019t Toronto, Vancouver or Calgary. Edmonton, Alberta\u2019s capital and…<\/p>\n","protected":false},"author":2,"featured_media":78449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-78448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/78448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=78448"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/78448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/78449"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=78448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=78448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=78448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}