Sask. launching website to attract more investment dollars into the province
The Government of Saskatchewan wants the world to know the province is open for business.
On Monday morning, Saskatchewan’s trade and export development minister Jeremy Harrison announced a plan to bring more investment dollars to the province.
"Saskatchewan has so much to offer potential investors and we continue to punch above our weight when compared to other jurisdictions," Harrison said.
Included in the plan is a new website designed to connect investors to Saskatchewan's key sectors, including energy, minerals, agriculture, advanced manufacturing, forestry, life sciences and technology.
The government announced two new tax credits for processing critical minerals, in an effort to make Saskatchewan an attractive place for companies to do business.
The province also doubled its annual tax credit cap for its technology start-up incentive, and the incentive for petroleum and oil and gas processing has been extended for five more years.
Chris Lane, the CEO of Economic Development Regina, said having a strategy to attract investors keeps Saskatchewan competitive.
"The ability to have a coordinated and collaborative strategy that really defines how we put Saskatchewan on the world stage and how we bring investment back to the province is really important," Lane told journalists.
Saskatchewan has a goal of attracting $16 billion in private capital investment annually.
CTVNews.ca Top Stories
'A beautiful soul': Funeral held for baby boy killed in wrong-way crash on Highway 401
A funeral was held on Wednesday for a three-month-old boy who died after being involved in a wrong-way crash on Highway 401 in Whitby last week.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
U.S. presidential candidate RFK Jr. had a brain worm, has recovered, campaign says
Independent U.S. presidential candidate Robert F. Kennedy Jr. had a parasite in his head more than a decade ago, but has fully recovered, his campaign said, after the New York Times reported about the ailment.
Blind Sask. boy heading to international braille competition hopes to increase accessibility for visually impaired
A Saskatchewan boy who qualified for an international braille competition in Los Angeles next month hopes he can inspire change in his home province.
'A step forward': New screening criteria for sperm donors takes effect
Canadians looking to grow their families with the assistance of sperm or egg donations should soon have more options for donors as the federal health agency does away with longstanding restrictions criticized as discriminatory.
Ontario Provincial Police arrest 64 suspects in child sexual exploitation investigation
Ontario Provincial Police say 64 suspects are facing a combined 348 charges in connection with a series of child sexual exploitation investigations that spanned the province.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
Pfizer agrees to settle more than 10K lawsuits over Zantac cancer risk: Bloomberg News
Pfizer has agreed to settle more than 10,000 lawsuits about cancer risks related to the now discontinued heartburn drug Zantac, Bloomberg News reported on Wednesday, citing people familiar with the deal.
Steve Albini, legendary producer for Nirvana, the Pixies and an alternative rock pioneer, dies at 61
Steve Albini, an alternative rock pioneer and legendary producer who shaped the musical landscape through his work with Nirvana, the Pixies, PJ Harvey and more, has died. He was 61.