Backgrounder: Minister Hutchings announces investments in business growth and community improvement projects across Saskatchewan
Federal funding of $10,215,570 through PrairiesCan to support 18 projects in urban, rural and Indigenous communities across Saskatchewan, creating and maintaining 180 jobs.
These investments in the Saskatchewan economy will support innovation and business growth in agri-food and advanced manufacturing, and community revitalization.
Business Scale-up and Productivity (BSP) – Investment of $6,400,000
Through the BSP program, the Government of Canada is supporting high-growth businesses that are seeking to improve productivity, scale-up and commercialize technology. It offers interest-free, repayable funding to incorporated businesses. The BSP program supports incorporated high-growth businesses that have been operating in the Prairie Provinces for a minimum of two years. Three Saskatchewan BSP recipients receiving funding through PrairiesCan were announced today:
- Protein Powered Farms Inc. ($3,000,000)
Install new plant-based fiber and extrusion equipment to increase its ingredient processing capacity and develop new products. Protein Powered Farms is a protein extraction plant, located in Perdue, which extracts protein from peas, lentils and fava beans.
- TC Nutrition Inc. ($2,797,500)
Install advanced manufacturing processing and packaging equipment at its new manufacturing facility in Saskatoon. TC Nutrition manufactures and packages nutritional supplements.
- SeedMaster Manufacturing Ltd. ($602,500)
Integrate new advanced manufacturing technologies that will expand its production and export packaging capacities in order to increase global sales. Located in Emerald Park, SeedMaster designs, builds and distributes precision seeding equipment.
Regional Innovation Ecosystems (RIE) – Investment of $1,000,000
Through the RIE program, the Government of Canada makes targeted investments in not-for-profit organizations that support businesses in priority sectors to innovate, grow and compete globally. RIE is open to not-for-profit organizations that support businesses, innovators and entrepreneurs, for start-up, growth, productivity, technology commercialization, technology adoption, and export and investment attraction. One Saskatchewan RIE recipient receiving funding through PrairiesCan was announced today:
- Saskatchewan Food Industry Development Centre Inc. ($1,000,000)
Enhance co-packaging capacity for the agri-food sector in Saskatchewan.
Jobs and Growth Fund (JGF) – Investment of $500,000
JGF provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The Fund, delivered by Canada's regional development agencies, provides $700 million nationally over three years. Today, one JGF project funded through PrairiesCan was announced:
- Parkland Welding & Machine LTD. ($500,000)
Install automation equipment at its Yorkton plant to increase manufacturing capacity of its fluid power products which are used by original equipment manufacturer’s (OEM’s) across North America.
Canada Community Revitalization Fund (CCRF) – Investment of $2,315,570
The CCRF helps communities across Canada build and improve community infrastructure projects so they can continue to rebound from the impacts of the pandemic. With a national investment of $500 million over two years, the Fund’s purpose is to help not-for-profit organizations, municipalities and other community groups, as well as Indigenous communities build new community infrastructure and revitalize existing assets, bring people to public spaces, create jobs, and stimulate local economies. Today, 13 Saskatchewan CCRF recipients received funding through PrairiesCan:
- City of North Battleford ($734,267)
Revitalize aging downtown streets in North Battleford.
- Whitecap Dakota First Nation ($675,000)
Develop a community trail network at Whitecap Dakota First Nation.
- Lloydminster Native Friendship Centre Inc. ($239,800)
Revitalize and upgrade the Lloydminster Native Friendship Centre and outdoor area.
- City of Regina ($225,000)
Upgrade an accessible spray park and playground at Imperial Park.
- Village of Clavet ($149,940)
Construct a new playground and install fitness equipment at Bentley Park and upgrade playground equipment at Queen Street Park.
- Rural Municipality of Spy Hill No. 152 ($67,575)
Replace the curling club roof.
- Town of Rouleau ($48,750)
Make improvements at the community centre.
- Town of Lashburn ($48,038)
Build a multi-use paved sport pad in Heritage Park.
- Town of Mossbank ($45,000)
Construct a trail system connecting to the downtown area.
- Town of Hanley ($33,420)
Upgrade the spray park.
- Rural Municipality of Turtle River No. 469 ($18,000)
Rebuild the outdoor skating rink in Vawn.
- Town of LeRoy ($15,780)
Build an accessible walking path around an assisted living facility and make improvements to a downtown park.
- Rural Municipality of Heart's Hill No. 352 ($15,000)
Install a new wheelchair ramp at Cactus Lake Hall.
- News Release: Minister Hutchings announces investments in business growth and community improvement projects across Saskatchewan
Press Secretary and Communication Advisor
Office of the Minister of Northern Affairs, Minister responsible for Prairies Economic Development Canada, and Minister responsible for the Canadian Northern Economic Development Agency
Prairies Economic Development Canada
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