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BIG GULLY REDA JOINS THE PROVINCIAL REDA NETWORK

Released on October 29, 1998

Economic and Co-operative Development Minister Janice MacKinnon and

Big Gully Regional Economic Development Authority (REDA) President,

Don Young today officially launched the Big Gully REDA in Lashburn.



"The Saskatchewan government is committed to developing a strong

network of REDAs and Big Gully will strengthen this link," MacKinnon

said. "We are very pleased to welcome the Big Gully REDA to the

Saskatchewan REDA network."



Members of the Big Gully REDA include the towns of Lashburn,

Maidstone, the villages of Paynton and Waseca, the City of

Lloydminster and the rural municipalities of Eldon, Wilton, Paynton

and Britannia.



"This is extremely good news for our regional economy," said President

Don Young. "The formation of the Big Gully REDA will encourage our

surrounding communities to work together to strengthen our regional

economy."



REDAs allow municipal governments, community organizations, private

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

encourage investment and job creation in their regions.



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. MacKinnon noted that the REDA program received an

additional $1.95 million in the last provincial budget, including

a $1 million enhancement fund announced Monday.



"REDAs are helping build a dynamic and diversified economy that

creates jobs for Saskatchewan people," MacKinnon said. "Big

Gully will be an important contributor to both its region and

this new Saskatchewan."



-30-



For more information, contact:



Dave Barr

Economic and Co-operative Development

Regina

Phone: (306)787-1691

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