Released on February 15, 1999
Economic and Co-operative Development Minister Janice MacKinnon todayannounced support of $1,500 to the Prince Albert Regional Economic
Development Authority (REDA) to help it promote Prince Albert and
area's 1999 Supplier Symposium. This event is an integral part of the
city's economic development strategy of creating growth in Prince
Albert and area by assisting local expansion.
"REDAs have played an important role in community economic development
in Saskatchewan, helping us build a business climate that encourages
growth and job creation at both the local and provincial levels,"
MacKinnon said.
"This initiative by the Prince Albert REDA will provide an opportunity
for companies and government organizations to source new suppliers
and, at the same time, provide a forum for local businesses to
showcase their products and services."
Funding comes from the REDA Enhancement Fund which assists REDAs to
further develop services for small business, establish one-stop
business service centres, and initiate programs that promote economic
expansion. This fund is part of an additional $1.95 million directed
toward regional economic development in the 1998-99 budget.
"The financial assistance that REDAs provide local businesses and
organizations is invaluable," said Gerry Stroshein, Chairperson
of the Prince Albert REDA. "It provides them the opportunity to
host events, like the Supplier Symposium, where they gain
first-hand knowledge and establish future business contacts."
REDAs have assisted in community business projects that range
from youth employment initiatives, to tourism-related projects,
to feasibility studies and recreation facilities. One of the
Prince Albert REDA's recent successes is its regional business
directory, a marketing tool that lists more than 400 businesses
from all communities surrounding Prince Albert.
"The REDA Enhancement Fund is one way we are living up to our
commitment to support community economic development and to work
with communities to provide jobs for Saskatchewan people,"
MacKinnon said.
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For more information contact:
Bob Ellis
Economic and Co-operative Development
Regina
Phone: (306)787-1691