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
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
DEVELOPING Hamas accepts Gaza ceasefire proposal from Egypt and Qatar
Hamas said it has accepted a ceasefire deal proposed by Egypt and Qatar, which seeks to halt the seven-month war with Israel in Gaza, prompting Israel to say it would send a delegation to negotiate – though it warned the proposal remained far from the 'necessary requirements.'
An American soldier was arrested in Russia and accused of stealing, U.S. officials say
An American soldier has been arrested in Russia and accused of stealing, according to U.S. officials. The soldier was stationed in South Korea and was in the process of returning home to the United States, but travelled to Russia.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Competition Bureau launches inquiry into Lululemon over 'greenwashing' allegations
Canada's Competition Bureau has launched an inquiry into Vancouver-based Lululemon following a complaint from members of an environmental group.
NDP calls out Conservatives for effort to quash pharmacare legislation
The federal New Democrats are calling out Conservative Leader Pierre Poilievre and his party for trying to block the bill that could pave the way for millions of Canadians to access birth control and diabetes coverage.
Canadian gov't proposes new foreign influence registry as part of wide-spanning new bill
Democratic Institutions Minister Dominic LeBlanc tabled legislation in the House of Commons on Monday proposing a suite of new measures and law changes aimed at countering foreign interference in Canada. Bill C-70 proposes to enact a new 'Foreign Influence Transparency and Accountability Act.'