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WADENA GROUP HELPS CREATE JOBS

Released on August 4, 1999

Wadena-area businesses have created 25 jobs and maintained another 21 jobs,

thanks to the work of the Wadena Loans Co-operative.



Intergovernmental and Aboriginal Affairs Minister Berny Wiens was in Wadena

today to present a certificate to honour the co-operative for its job creation

record through the province's Small Business Loans Association (SBLA) program.



"The job creation successes of the Wadena Loans Co-operative are great examples

of what can be achieved when the government and communities work together,"

Wiens said, speaking on behalf of Economic and Co-operative Development

Minister Janice MacKinnon.



During 1998, small businesses supported by the SBLA program created more than

360 jobs and maintained 565 more, mostly in rural communities. This brought

the total number of jobs created and maintained since the program began to

almost 13,600.



Under the program, the government provides funding to local SBLA

organizations. In turn, SBLAs give loans to businesses that have trouble

getting money from the bank.



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For more information contact:



Bob Ellis

Economic and Co-operative Development

Regina

Phone: (306) 787-1691

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