[6] In August 2018, when Derek Hudson took over as CEO of EEDC, he said that his main goal in the position was to develop a more resilient, diverse economy, including focusing on the tourism and technology sectors.
[7] In December 2019, the Edmonton City Council voted on a notion to form a new, separate innovation authority, which would subsume some of the EEDC's existing economic development activities.
[10][11] In April 2020, multiple senior leaders of the EEDC departed as part of layoffs by the corporation, primarily citing the economic impact of the COVID-19 pandemic in Alberta.
[13][8] In June 2021, Northlands announced that it would dissolve effective July 5, 2021, and that Explore Edmonton would take over the operations of K-Days and Farmfair International going forward.
[4][7] In November 2020, the organization requested "an increase in funding over the next three years to make up for declining revenues from facility and hotel bookings as a result of the [COVID-19] pandemic.