Entos Pharmaceuticals will receive a combined $77.5 million investment from the Canadian and Alberta governments to build a leading-edge genetic medicines facility in Edmonton.

 

The Government of Canada is contributing $62 million through the Strategic Innovation Fund, while Alberta will provide $15.5 million, supporting a $198.5 million, 103,000-square-foot centre for genetic medicine research and production.

 

Entos focuses on its innovative Fusogenix PLV drug delivery platform, promising breakthroughs for cancer, rare diseases, infections, and neurodegenerative disorders.

 

The new Edmonton facility is set to generate 90 high-paying jobs and 69 student co-op placements, boosting the city’s and Canada's biotech sector.

 

Backed by the Biomanufacturing and Life Sciences Strategy, construction is slated to begin by late 2025, positioning Edmonton as a national hub for biotechnology and attracting international collaborations and investment.

Edmonton is advancing affordable housing through ambitious investments and strong partnerships at all government levels.

 

In July 2025, the federal and provincial governments pledged $203 million for 25 projects, creating over 2,300 units across Alberta.

 

Social Services Minister Jason Nixon emphasized support for young adults, students in downtown Edmonton, and people experiencing homelessness in Calgary, aligning with Alberta’s goal to build 82,000 units by 2031.

 

Earlier, Ottawa invested $46 million to renew 1,431 homes in Edmonton, including funds for sustainable projects like Civida’s Central Village through the Canada Greener Affordable Housing program.

 

Edmonton’s new Infill Infrastructure Fund earmarks $39 million to aid multi-unit housing in revitalizing neighborhoods.

 

The city also secured $175 million from the Housing Accelerator Fund, aiming for 5,700 extra homes by 2026 and prioritizing growth near transit corridors.

 

Additionally, Edmonton and Treaty 8 First Nations formalized cooperation for Indigenous-led housing, supported by $8.3 million in city grants.

 

Collectively, these measures promise a more inclusive, resilient, and sustainable housing future for Edmonton.