Context
Edmonton has created multiple tools to develop its economy, including Edmonton Unlimited, its formative support to propose and create Edmonton Global, its investments in startups and small businesses through the Edmonton Edge Fund, and its 2022 work on its Business Licence Bylaw, which was created to streamline processes. Council has, during this term, worked to improve the so-called "red tape" that slows permitting and licensing. Regardless, business leaders often point to city planning, timelines, construction decisions, parking policies, tax rates, and other decisions as being central to their fortunes. During this council's term, concerns about Edmonton's non-residential tax rate, which is higher than surrounding municipalities, began to be discussed, as did the city's increasing reliance on residential property taxes due to its industrial tax base shrinking in relative terms.