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Economic Development Officer

Economic development officers promote economic growth and sustainability in a community or region. There are many different roles an economic development officer can take. The most common is supporting and encouraging existing business while working to attract new business to their area.

Also Known As

Business and Tourism Development Manager, Business / Community Development Officer, Director of Economic Development, Economic Development Co-ordinator, Economic Development Researcher, Investment Attraction Manager, Tourism and Economic Development Officer, Tourism Marketing Officer

NOC Codes

In Canada, the federal government groups and organizes occupations based on a National Occupational Classification (NOC) system. This alis occupation may not reflect the entire NOC group it is part of. Data for the NOC group can apply across multiple occupations.

The NOC system is updated every 5 years to reflect changes in the labour market. Government forms and labour market data may group and refer to an occupation differently, depending on the system used. Here is how this occupation has been classified over time:

  • 2006 NOC: Business Development Officers and Marketing Researchers and Consultants (4163) 
  • 2006 NOC-S: Business Development Officers and Marketing Researchers and Consultants (E033) 
  • 2011 NOC: Business development officers and marketing researchers and consultants (4163) 
  • 2016 NOC: Business development officers and marketing researchers and consultants (4163) 
Interests & Abilities

In Alberta, this occupation is part of 1 or more 2006 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Business Development Officers and Marketing Researchers and Consultants

2006 NOC: 4163

Interest Codes

Interest Codes for This NOC Group
DIRECTIVE

Interest in co-ordinating information to plan development projects with representatives of a wide variety of industrial and commercial enterprises, business associations and government agencies, and to develop strategies to attract venture capital; and in administering programs to promote industrial and commercial business investment and tourism

INNOVATIVE

Interest in developing policies and programs to promote industrial and commercial business investment in urban and rural areas, and in developing social and economic profiles of urban and rural areas to encourage industrial and commercial investment and development

SOCIAL

Interest in consulting to advise on procedures and requirements for government approval

Your Interest Codes

To identify or change your interest codes, complete the Interests Exercise in CAREERinsite.

Reading Interest Codes
A Quick Guide

The interest code helps you figure out if you’d like to work in a particular occupation. 

It’s based on the Canadian Work Preference Inventory (CWPI), which measures 5 occupational interests: Directive, Innovative, Methodical, Objective, and Social.

Each set of 3 interest codes for this NOC group is listed in order of importance.

A code in capital letters means it’s a strong fit for the occupation.

A code in all lowercase letters means the fit is weaker.

Learn About Interests

Abilities

Typical ability expectations for this NOC group
Your abilities

To fill in or change the values for your abilities, complete the Abilities Exercise in CAREERinsite.

Mental Abilities

General Learning Ability

Verbal Ability

Numerical Ability

Visual Abilities

Spatial Perception

Form Perception

Clerical Perception

Physical Abilities

Motor Coordination

Finger Dexterity

Manual Dexterity

Understanding Abilities

A Quick Guide

You are born with abilities that help you process certain types of information and turn it into action. These abilities influence which skills you can learn more easily.

The abilities or aptitudes shown for this NOC group come from the General Aptitude Test Battery (GATB). The GATB measures 9 aptitudes. It groups them into 3 categories: mental, visual, and physical.

The abilities scores range from 1 to 5, with 5 being stronger.

Learn About Abilities

Duties
Updated Dec 31, 2018

There are many different job descriptions, duties, and responsibilities relating to economic development officers. Each provincial association of economic development has a list of members, a code of ethics, and standards of expectations for economic developers.

Depending on their needs, a community may employ an economic development co-ordinator or officer. This person liaises between the administration, municipal council, economic development committee, business development organizations (such as the chamber of commerce), and the community.

An economic development officer’s duties can range from co-ordinating, running, and supervising economic development programs to matching business investment opportunities with investors. This job is not about creating new businesses or jobs. It is about creating an environment where business and investment can thrive.

In general, economic development officers:

  • Connect with the local business community to support, encourage, and advise local businesses
  • Market the community to existing or potential investors
  • Act as liaison between the municipal council, economic development committee, and community
  • Prepare strategic plans and carry out economic development initiatives by identifying and promoting new opportunities
  • Compile and update demographic information to promote the community
  • Prepare and share communication materials with the planning department and municipal council to keep decision-makers part of a pro-business environment
  • Find resources that are relevant to businesses in the area
  • Maintain contacts with relevant agencies at all levels of government
  • Identify and promote government programs to help businesses, communities, or regions with economic development
  • Go to meetings of government, community, and business groups
  • Prepare, keep, and present financial and statistical records and reports
  • Oversee support staff and volunteers
Working Conditions
Updated Dec 31, 2018
  • Strength Required Strength requirements vary

Economic development officers work in an office setting. They often attend council, committee, and community events. They may work longer than the usual 40-hour week. They may need to travel if their work involves attracting business investment with activities such as making presentations and attending trade shows. Economic development officers may spend long periods sitting at a computer.

Traits & Skills
Updated Dec 31, 2018

Economic development officers need:

  • An energetic and engaging personality
  • Strong interest in the business community
  • Critical thinking and problem-solving skills
  • Advanced research skills
  • A strategic mindset
  • The ability to analyze and condense information in a logical way
  • Confidence in presenting concepts
  • Communication skills
  • The ability to give clear, concise advice and recommendations
  • Relationship-building skills
  • The ability to manage complex projects
  • The ability to work under pressure and juggle different agendas
  • Leadership skills

They should enjoy:

  • Engaging with, speaking to and inspiring individuals
  • Co-ordinating information
  • Finding new ways to handle problems
  • Taking a methodical approach to research
  • Dealing with people

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Top 10 Skills Employers Are Looking For

Business development officers and marketing researchers and consultants

2016 NOC: 4163

This chart shows which job skills are currently in highest demand for this occupational group. It was created using this occupation's 100 most recent Alberta job postings, collected between Aug 30, 2022 and Dec 09, 2022.

Review these skills to learn:

  • Whether or not this occupation matches your skill set
  • What training you may need to get these skills
  • What skills to highlight in your resumé, cover letter, and interview.
Tasks: Develop marketing strategies
Tasks: Develop policies
Tasks: Plan development projects
Tasks: Develop and implement business plans
Tasks: Respond to enquiries from members of the business community concerning development opportunities
Construction Specialization: Team player
Tasks: Prepare reports, research papers, educational texts or articles
Tasks: Design market research questionnaires
Construction Specialization: Initiative
Tasks: Develop portfolio of marketing materials
Educational Requirements
Updated Dec 31, 2018
  • Minimum Education 4 years post-secondary

Economic development officers must know about local industries, businesses and municipal land-use and planning legislation. Most employers require a post-secondary degree related to economic development, such as business administration, urban planning, marketing, communications, economics, or political science. They also require 1 to 5 years of related experience (such as urban development, market research, municipal affairs, or marketing and communications).

To expand or narrow your search for programs related to this occupation, visit Post-Secondary Programs.

Completing a program does not guarantee entrance into an occupation. Before enrolling in an education program, prospective students should look into various sources for education options and employment possibilities. For example, contact associations and employers in this field.

Certification Requirements
Updated Dec 31, 2018
  • Certification Not Regulated

Economic development accreditation (preferably a designation) or courses that lead to accreditation are an asset.

Voluntary certifications include:

Employment & Advancement
Updated Dec 31, 2018

Economic development officers work in many sectors of the economy. But they most often work for:

  • Municipal, provincial, and federal governments
  • Crown corporations
  • Regional economic development organizations
  • Non-governmental organizations (NGOs)
  • Industry associations

Experienced economic development officers may advance to senior or management positions. Those with enough experience may go on to become private consultants.

Economic development officers are part of the larger 2011 National Occupational Classification 4163: Business development officers and marketing researchers and consultants. In Alberta, 78% of people employed in this classification work in the following industries:

The employment outlook [pdf] in this occupation is influenced by a wide variety of factors including:

  • Trends and events that affect overall employment, especially in the industries listed above
  • Location in Alberta
  • Employment turnover (when people leave existing positions)
  • Occupational growth (when new positions are created)
  • Size of the occupation

Employment turnover is expected to increase as members of the baby boom generation retire over the next few years.

Related Alberta Job Postings
Wage & Salary
Updated Dec 31, 2018

In Alberta, this occupation is part of 1 or more 2016 National Occupational Classification (NOC) groups. If there are multiple related NOC groups, select a NOC heading to learn about each one.

Business development officers and marketing researchers and consultants

2016 NOC: 4163
Average Wage
$49.95
Per Hour
Average Salary
$98,311.00
Per Year
Average Hours
37.8
Per Week
Average Months on Payroll
12
Survey Methodology Survey Analysis

Source
2021 Alberta Wage and Salary Survey

NOC 4163 Wage Profile

Unless otherwise noted, the data shown here is for all industries and all regions in Alberta.

All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production), and other forms of compensation.

To see the full survey data for this NOC group, visit the wage profile.

Other wage sources
To make an informed wage and salary decision, research other wage sources [pdf] to supplement this data.

A: High Reliability
Data Reliability Code Definition

High Reliability, represents a CV of less than or equal to 6.00% and 30 survey observations and/or represents 50% or more of all estimated employment for the occupation.


Hourly Wage

For full-time and part-time employees
  • Low
  • High
  • Average
  • Median
Starting
Overall
Top

Hourly Wage

For full-time and part-time employees
Wages* Low (5th percentile) High (95th percentile) Average Median
Starting $24.15 $86.05 $41.50 $37.31
Overall $24.59 $91.35 $49.95 $47.70
Top $29.33 $120.19 $59.90 $50.98

Swipe left and right to view all data. Scroll left and right to view all data.

* All wage estimates are hourly except where otherwise indicated. Wages and salaries do not include overtime hours, tips, benefits, profit shares, bonuses (unrelated to production) and other forms of compensation.

Pay brackets for hourly wages

  • Starting pay: average pay offered for entry-level positions
  • Overall pay: average pay across all employees in this occupation
  • Top pay: average pay offered to top-paid employees

Industry Information

Transportation and Warehousing
Oil & Gas Extraction
Construction
Information, Culture, Recreation
Manufacturing
Professional, Scientific & Technical Services
ALL INDUSTRIES
Health Care & Social Assistance
Public Administration
Educational Services
Wholesale Trade

Skills Shortage

Employers that Recruited in the Last 2 Years
36%
36%)
Recruiting Employers that Experienced Hiring Difficulties
15%
15%
Employers with Unfilled Vacancies of over 4 Months
4%
4%
Vacancy Rate
2%
Related Post-Secondary Field of Study
  • Business, Management and Administrative Studies
  • Communications
  • Mathematics
  • Social Sciences, Law and Religious Studies
Other Sources of Information
Updated Dec 31, 2018

Economic Developers Alberta website: www.edaalberta.ca

Get information and referrals about career, education, and employment options from Alberta Supports.

Updated Dec 31, 2018. The information contained in this profile is current as of the dates shown. Salary, employment outlook, and educational program information may change without notice. It is advised that you confirm this information before making any career decisions.

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