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CYPRESS HILLS JOINS PROVINCIAL REDA NETWORK

Released on June 24, 1998

Economic and Co-operative Development Minister Janice MacKinnon and

Cypress Hills Regional Economic Development Authority (REDA) Chairman

Norm Lavoy today officially launched the Cypress Hills REDA on the

Nekaneet First Nation, south of Maple Creek.



"We are extremely pleased the Cypress Hills REDA is now a part of the

provincial REDA network," MacKinnon said. "REDAs play a key role in

community economic development in this province by helping to promote

growth and create jobs at the local level."



Members of the Cypress Hills REDA include the towns of Maple Creek,

Gull Lake, Eastend and Shaunavon and the Nekaneet First Nation.



"This is indeed a giant step forward in the field of regional economic

development in this area," said Chairman Norm Lavoy. "The formation

of the Cypress Hills REDA will provide the citizens of the southwest

the opportunity to have individuals, businesses, organizations,

municipalities and the provincial government work together to benefit

the economic well-being of the region."



"The establishment of Saskatchewan's 27th REDA further strengthens our

network of Regional Economic Development Authorities across the

province," MacKinnon said. "The provincial government will continue

to work in partnership with REDAs to ensure all communities in

Saskatchewan develop their economic potential and create jobs for

people."



REDAs allow municipal governments, community organizations, private

businesses, co-operatives and First Nations to work together to

encourage investment and job creation in the region.



Under the REDA program, the province provides each REDA with a

cost-shared startup fund of up to $25,000, along with annual

50 per cent shared operating funding to a maximum of $60,000

per year.



"REDAs play a crucial role in community economic development in

Saskatchewan, driving growth and job creation at the local

level," MacKinnon said. "In this year's budget we reaffirmed our

strong commitment to Regional Economic Development Authorities by

increasing our investment by almost $2 million."



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For more information, contact:



Bob Ellis

Economic and Co-operative Development

Regina

Phone: (306)787-8983



Marilyn Neudorf

Cypress Hills REDA

Economic Development Officer

Phone: (306)662-4299

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