A new funding agreement with the Saskatchewan Economic Development Alliance (SEDA) and the provincial government was announced on Tuesday to support rural investment readiness. The province will provide SEDA with $225,000 to enhance investment readiness in rural Saskatchewan.
“Today’s investment by our government will help ensure that rural communities across the province are prepared to attract new investment and benefit from Saskatchewan’s rapidly growing economy,” Trade and Export Development Minister Jeremy Harrison said. “Collaboration between government and organizations like SEDA is a key component of Saskatchewan’s investment attraction strategy to secure the next decade of growth in the province. Supporting rural economic development is one of the many ways we are protecting and promoting Saskatchewan and supporting our strong and vibrant communities.”
PrairiesCan will match the funding, bringing the total to $450,000 over two years.
“The world is investing in Saskatchewan to meet the needs of a more sustainable global economy,” Federal Minister for PrairiesCan Dan Vandal said. “This support for SEDA will help rural regions in Saskatchewan prepare for new investment and economic opportunities, building stronger rural communities with good local jobs. Our government recognizes that a prosperous Canada depends on successful, competitive, and thriving rural communities.”
The project aims to help specific regions and local businesses prepare for investment and growth, benefiting the entire province.
“This project aligns with SEDA’s mandate to support Saskatchewan’s economic development ecosystem,” SEDA CEO Verona Thibault said. “We look forward to engaging with industry and enhancing investment readiness in rural areas of the province over the next two years.”