Q1 2026 Edmonton Industrial Occupier

Alberta's economy is outperforming the rest of Canada, with GDP growth forecast at 2.7% for 2026 — more than double the national rate of 1.3% — driven by record oil production, diversified energy exports, and strong investment across energy sectors. The province's robust labour market has added approximately 85,000 jobs over the past year, bringing unemployment to a two-year low of 6.3%. This strong economic foundation continues to drive activity in the Greater Edmonton Industrial market. The latest edition of The Industrial Occupier examines how key market indicators — vacancy, rental rates, additional rent, and new inventory — have shifted over the five-year period from Q1 2021 to Q1 2026.