Released on February 25, 2009
The new Enterprise Region (ER) program was launched today by Saskatchewan Government and Regina Regional Economic Development Authority (RREDA) that will see more funding and expanded services for regional economic development.
Under the new ER program, RREDA has received $208,334 in funding (which is a pro-rated amount for the balance of this fiscal year). Its new service area is three times larger than the previous region. Apart from Regina, RREDA covers the towns of Strasbourg, Southey, Fort Qu'Appelle, Indian Head, Lumsden, Balgonie, Pilot Butte, White City and communities in between.
"With the huge investment coming in to our province we have decided to reorganize and strengthen the services of regional economic development agencies," Enterprise and Innovation Minister Lyle Stewart said. "By expanding the coverage of RREDA we want to see these neighbouring towns tap into the economic development expertise that RREDA has been successfully implementing in Regina."
The new ER program will strongly focus on sustainable economic growth by supporting regional business and industries and creating competitive advantages at the regional, national and international level.
"We are very excited about expanding our economic development initiatives within the broader enterprise region," RREDA president and CEO Larry Hiles said. "By integrating our rural and urban strategies within a larger regional vision, we will strengthen our economy and ensure that the Regina region thrives as a great place to live, work and do business."
The new ER program will operate in 13 new regions across the province. The decision to create the new larger regions is based on information about where people live and work, and takes into consideration natural boundaries such as rivers and road patterns.
The current REDA program, with 27 regions, is winding down and will cease operations as of March 31, 2009. The new ER program will then become fully operational.
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For more information, contact:
Tim Tororey
Enterprise Saskatchewan
Regina
Phone: 306-798-0503
Email: tim.tororey@gov.sk.ca
Dauna Ditson
Regina REDA
Regina
Phone: 306-791-1816
Email: dditson@rreda.com