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
El Nino weakening doesn't mean cooler temperatures this summer, forecasters say
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
BREAKING 15-year-old boy stabbed Thursday in Nepean dies
A 15-year old boy who was critically injured after a stabbing in Nepean on Thursday has died of his injuries, Ottawa's English public school board said Sunday.
Nylander defends Leafs' core after playoff exit, Toronto again picks up the pieces
The Maple Leafs battled back from a 3-1 series deficit against the Boston Bruins with consecutive 2-1 victories - including one that required extra time - in their first-round playoff series to push the club's Original Six rival to the limit before suffering a devastating Game 7 overtime loss.
Amid climate change warnings, Canadians lukewarm on electric vehicles
Amid scientists' warnings that nations need to transition away from fossil fuels to limit climate change, Canadians are still lukewarm on electric vehicles, according to a study conducted by Nanos Research for CTV News.
Three dead, two hospitalized, following collision in Fredericton: police
Three people have died and two have been hospitalized after a speeding car struck a tree and landed on another vehicle in Fredericton Sunday morning.
Montreal man on the hook for thousands of dollars after a feature on his Tesla caused an accident
A Montreal man is warning Tesla drivers about using the Smart Summon feature after his vehicle hit another in a parking lot.
Madonna's biggest-ever concert transforms Rio's Copacabana beach into a massive dance floor
Madonna put on a free concert on Copacabana beach Saturday night, turning Rio de Janeiro's vast stretch of sand into an enormous dance floor teeming with a multitude of her fans.
Mexican authorities say thieves killed 2 Australians and an American to steal their truck
Thieves killed two Australians and an American on a surfing trip to Mexico in order to steal their truck, particularly because they wanted the tires, authorities said Sunday.
1 person killed and 23 injured in a bus crash in northern Maryland, police say
One person was killed and 23 others were injured when a bus crashed early Sunday on Interstate 95 in northern Maryland, police said.