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Regina highlights $3 billion in private investment in 2021

DCN-JOC News Services
Regina highlights $3 billion in private investment in 2021

REGINA, SASK. – The City of Regina has detailed $3 billion in new private investment for projects within the Regina area. An announcement from the city highlighted agricultural technology initiatives such as the Viterra and Cargill Canola Crushing Plants, Red Leaf Pulp and the Co-op Refinery renewable diesel expansion.

The City of Regina also invested in small and mid-sized businesses through the Regina Economic Recovery Grant program which supplied $1.7 million in matching grants since August 2020 to 319 local businesses to adopt or change in response to COVID-19.

“It is truly exciting to see the investments and economic advancements made in our city over the past year. Our priority is to continue this momentum – to showcase Regina as a great place to work, live and do business. We are committed to fostering economic growth and supporting local development to ensure we remain competitive and attract continued investment,” Regina mayor Sandra Masters said.

The City of Regina release also highlighted EBuild, a new online permitting tool released in May 2021 to allow customers to track the status of their permit applications. The council also repealed the city’s intensification levy, which it said was “described by some as a barrier to economic development.”

The release also highlighted separate Memoranda of Understanding (MOU) between the city and the Regina Airport Authority and continued relationships with the RM of Sherwood and Cowessess First Nation.

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