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The capital of ALBERTA and largest city in the province (by
CMA), it is strategically situated on an economic divide between
the highly productive farmlands of central Alberta and a vast,
resource-rich northern hinterland.
Economy
Edmonton's economy has always been driven by resource wealth.
It is the major supply and service centre for a vast territory
extending from central Alberta to the Arctic Ocean. Agriculture,
oil and natural gas and, most recently, forestry provide the
staples on which Edmonton's trade and service functions are
based. Processing and manufacturing have increased in importance
as well, especially as Edmonton has sought to broaden its
economic base.
A resource economy can swing quickly between boom and bust,
as Edmonton learned in the depression of the 1980s. In terms
of employment, Edmonton's greatest growth since 1951 has been
in the tertiary or service sector. It is particularly notable
as a centre for public administration (federal and provincial)
and for educational and medical services of the highest calibre.
In turn, these are spawning an array of high-tech industries
vital to the restructuring of Edmonton's economy. In another
recent development, military services for Western Canada were
consolidated at a new "super-base" called Edmonton Garrison.
Cultural Life
The Edmonton Symphony Society, the Edmonton Opera Association
and the Citadel Theatre are 3 of the largest performing arts
organizations in Canada, but they are merely the most visible
elements in a prolific arts scene in Edmonton. There are musical
and theatrical performances for every taste, and numerous
talented painters, potters, actors, directors, writers, poets,
filmmakers and musicians are based in the city.
In August 1997 Edmonton's International Fringe Theatre Festival,
a 9-day showcase for local, regional and international performing
artists, attracted some 425 000 people, making it the largest
annual festival of its kind in Canada and the third-largest
theatre festival in the world.
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