The Saskatchewan government announced a new funding agreement with Saskatchewan Economic Development Alliance to support rural investment readiness. The provincial government will provide $225,000 as a part of the agreement.
“Today’s investment by our government will help ensure that rural communities across the province are ready to attract new investment and benefit from Saskatchewan’s rapidly growing economy,” Trade and Export Development Minister Jeremy Harrison said in a release.
“Collaboration between government and organizations like SEDA is an important 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.”
PrairieCans will match the funding, for a combined $450,000 over two years.
“The world is investing in Saskatchewan to meet the needs of a more sustainable global economic future,” Federal Minister for PrairiesCan Dan Vandal said. “This support to SEDA will assist rural regions in Saskatchewan prepare for new investment and new economic opportunities, to build stronger rural communities with good local jobs. Our government recognizes that we cannot have a prosperous Canada without successful, competitive, and thriving rural communities.”
Local businesses and targeted regions will be prepared for growth and investment due to this project.
“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