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
From AI running wild to collapsing ecosystems, government report outlines future disruptions
From collapsing ecosystems to artificial intelligence running wild, a new Canadian government report outlines 35 disruptions that could rattle the country in the coming years.
B.C. serial killer Robert Pickton hospitalized after prison attack
British Columbia serial killer Robert Pickton was attacked and sustained life-threatening injuries in a Quebec prison Sunday in what officials described as a 'major assault.'
opinion Tom Mulcair: With Trudeau spiralling, Mark Carney waits in the wings
In his latest column for CTVNews.ca, former NDP leader Tom Mulcair argues that if there's an unofficial frontrunner in the eventual race to replace Justin Trudeau as Liberal leader, it has to be former Bank of Canada governor Mark Carney.
Toronto Blue Jays fan struck by 110 m.p.h foul ball offered tickets, signed baseball by team
The Toronto Blue Jays have offered tickets and a signed baseball to a fan who says she was struck in the face by a 110 m.p.h (177 km/h) foul ball at Friday’s game.
Matthew Perry's death is being investigated over ketamine level found in actor's blood, reports say
An investigation has been opened into the death of Matthew Perry and how the “Friends” actor received the anesthetic ketamine, which was ruled a contributing factor in his death.
OPP continues to investigate boat collision north of Kingston, Ont. that left 3 people dead
Ontario Provincial Police continue to investigate a long weekend fatal boat collision on Bobs Lake, north of Kingston, Ont.
Police in Ontario say suspects charged in armed home invasion near Toronto part of 'larger criminal network'
Police in Ontario say a group of suspects charged in an armed home invasion north of Toronto last year were driving a vehicle stolen in a carjacking in Calgary just one month earlier.
Air turbulence: When can it become dangerous?
Flight turbulence like that encountered by a Singapore Airlines flight on Tuesday is extremely common, but there's one aspect of severe turbulence an aviation expert says can lead to serious injury.
Orphan orca's extended family spotted off northeast side of Vancouver Island
Members of a killer whale pod related to an orphan orca calf that escaped a remote British Columbia tidal lagoon last month have been spotted off the northeast coast of Vancouver Island.