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MOOSE JAW'S TEMPLE GARDENS MINERAL SPA OPENS
Released on May 31, 1996
Deputy Premier and Economic Development Minister Dwain Lingenfelter said today the opening of Moose Jaw's Temple Gardens Mineral Spa Resort demonstrates the effectiveness of the province's Partnership for Growth strategy.
"Temple Gardens is an excellent example of the strength of partnership," Lingenfelter said. "This project involves the community, City of Moose Jaw, private investors and the provincial and federal governments working together in an important venture that has the potential to revitalize Moose Jaw and make a significant impact on the province's tourism industry."
The $9-million spa and hotel features a year-round indoor and outdoor mineral pool and health centre, 69 guest rooms and banquet facilities. It is located in Moose Jaw's historic downtown core.
"Private investors have contributed more than $3 million to this project and in the process have created jobs for their city, contributed to the revitalization of Moose Jaw's economy, and supported the growth of Saskatchewan's tourism industry," Lingenfelter said.
Construction of the spa and hotel created 80 person-years of construction activity, and 80 full-time and 20 part-time permanent jobs at the complex. Temple Gardens expects more than 60,000 visitors a year to the facility.
Lingenfelter said Temple Gardens is an example of how the province is working with other governments and private agencies to create employment opportunities. The spa has developed an extremely progressive training program for 64 people previously unemployed or underemployed. Funding came from the province's Job Start/Future Skills Program with support from SIAST, New Careers, Human Resources Canada, Saskatchewan Education Council and the Workers Compensation Board.
The total value of the project is $9 million. Private investors contributed $3.1 million in equity and loans. The government of Saskatchewan invested just over $1 million through an equity investment by Saskatchewan Opportunities Corporation ($700,000), Saskatchewan Economic Development's tourism and product development grants ($120,000), and a utility agreement with Sask Water ($125,000). The province also supported the investment through the federal/provincial Partnership Agreement on Water-based Economic Development ($139,000) and a Partnership Agreement on Rural Development grant ($20,000). Additional financing comes from loans from Western Economic Diversification, the City of Moose Jaw and the Royal Bank.
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For more information contact:
Jan Carter Corporate Affairs Saskatchewan Opportunities Corporation Regina Phone: (306) 787-8576
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