Editorial photo #10587430 Social Issue
Edmonton Urban Struggles Captured In Images
EDMONTON, CANADA - SEPTEMBER 29, 2023: Edmonton's high rent costs pose barrier to saving for down payments and fixed-rate borrowers are facing 14-25 percent payment increase in 2024 compared with early 2022 costs, according to the Bank of Canada, on September 29, 2023, in Edmonton, Alberta, Canada. Canada's downtowns, vital for economic growth and social vitality, are in crisis due to the pandemic, economic shifts, changing work patterns, opioid crisis, mental health issues, and homelessness. Edmonton, for example, faces a rising office vacancy rate post-pandemic, leading building owners and managers to collaborate with community groups on drug, homelessness, and crime issues. Solving these complex challenges requires a whole-of-society approach, involving the private sector, civil society, and all levels of government, with the need for creative, multi-stakeholder solutions to secure our cities' futures. (Photo by Artur Widak/NurPhoto)