Minister Hutchings announces investments in enterprise development and neighborhood improvement projects across Saskatchewan

180 jobs supported by means of PrairiesCan investments of more than $ten.two million in agri-meals and sophisticated manufacturing innovation, and neighborhood revitalization

SASKATOON, SK, March 16, 2023 /CNW/ – Saskatchewan is a international leader in agriculture and meals processing, and property to globe-class sophisticated manufacturing options organizations that are assisting feed Canadians and the globe and sustains numerous jobs.

Minister Hutchings announces investments in enterprise development and neighborhood improvement projects across Saskatchewan (CNW Group/Prairies Financial Improvement Canada)

Quite a few of these organizations are situated in little towns across the province, like Perdue, Yorkton and Emerald Park, producing financial advantages for these communities.

Nowadays, the Honourable Gudie Hutchings, Minister of Rural Financial Improvement, on behalf of the Honourable Dan Vandal, Minister for PrairiesCan, announced a federal investment of $7.9 million to support 5 higher-development Saskatchewan companies access the sources they require to scale-up and bring their revolutionary merchandise and solutions to new markets. The investment supports crucial sectors of Saskatchewan’s economy, which includes agriculture, agri-meals and sophisticated manufacturing.

Minister Hutchings also announced an more $two.three million to create and enhance recreation, tourism and neighborhood infrastructure in 13 urban, rural and Indigenous communities across Saskatchewan.

These investments, totalling $ten,215,570, will support develop vibrant urban and rural communities and make certain that Saskatchewan companies thrive as sturdy contributors to the Prairie economy now and into the future, all when sustaining great jobs for Canadian workers.

Quotes

“Saskatchewan is property to dynamic agri-meals and sophisticated manufacturing sectors that are crucial employers and drivers of Saskatchewan’s economy. Our government is operating in partnership with Saskatchewan entrepreneurs so they can share their revolutionary merchandise and solutions with the international marketplace, help meals safety and sustainability, and develop great jobs in vibrant communities across the province.”
–The Honourable Dan Vandal, Minister for PrairiesCan

Story continues

“No matter if it is rural farming communities, Indigenous communities, or busy urban regions, Saskatchewan is constructed on sturdy agricultural roots. Vibrant communities supported by thriving regional companies and revolutionary entrepreneurs will make positive that all communities participate in the province’s expanding economy and advantage from its good results.”
–The Honourable Gudie Hutchings, Minister of Rural Financial Improvement

“The Meals Centre has been supporting organizations in launching new merchandise and supplying them interim processing options. This project will create on our present capacity to expand our capabilities in particular regions such as packaging, meals processing, milling, modified ingredient scale-up, and ingredient isolation in the plant-primarily based meals sector.”
–Mehmet Tulbek, President, The Saskatchewan Meals Market Improvement Centre Inc.

“Protein Powered Farms and Sunnydale Foods welcomes Canada’s investment in Saskatchewan’s 1st industrial scale extrusion facility. It is a sturdy signal of Canada’s self-confidence in Saskatchewan’s capacity to create sustainable meals merchandise that are each healthier for customers and healthier for the planet. This project showcases how Canada is major the way in sustainable and environmentally conscious meals improvement.”
–Heidi Dutton, Protein Powered Farms Inc.

“”Prairie’s Canada funding toward our trail improvement gives Whitecap Dakota neighborhood residents and Dakota Dunes Resort guests with secure, accessible, year round recreation activity alternatives. These trails additional our neighborhood and tourism improvement and offer an chance for education on Dakota history and culture that can help reconciliation.”
–Chief Darcy Bear, Whitecap Dakota Initially Nation

Fast details

Saskatchewan is property to a lot more than 40 per cent of Canada’s cultivated farmland and is one particular of the biggest exporter of agri-meals merchandise in Canada.
Given that 2012, Saskatchewan’s annual income from worth-added agriculture has practically doubled from $three.five billion to an estimated $six.eight billion in 2020-21.
Extra than 300 meals processing and beverage organizations in Saskatchewan create a wide variety of cereal, meat, dairy and bakery merchandise, as nicely as meals components.
Saskatchewan organizations style and create globe-class sophisticated manufacturing options. The sector is a crucial employer of graduates from universities and technical schools.

Backgrounder

Federal funding of $ten,215,570 by means of PrairiesCan to help 18 projects in urban, rural and Indigenous communities across Saskatchewan, generating and keeping 180 jobs.

These investments in the Saskatchewan economy will help innovation and enterprise development in agri-meals and sophisticated manufacturing, and neighborhood revitalization.

Enterprise Scale-up and Productivity (BSP) – Investment of $six,400,000
By way of the BSP plan, the Government of Canada is supporting higher-development companies that are searching for to enhance productivity, scale-up and commercialize technologies. It presents interest-free of charge, repayable funding to incorporated companies. The BSP plan supports incorporated higher-development companies that have been operating in the Prairie Provinces for a minimum of two years. 3 Saskatchewan BSP recipients getting funding by means of PrairiesCan had been announced currently:

Protein Powered Farms Inc. ($three,000,000)
Set up new plant-primarily based fiber and extrusion gear to raise its ingredient processing capacity and create new merchandise. Protein Powered Farms is a protein extraction plant, situated in Perdue, which extracts protein from peas, lentils and fava beans.
TC Nutrition Inc. ($two,797,500)
Set up sophisticated manufacturing processing and packaging gear at its new manufacturing facility in Saskatoon. TC Nutrition manufactures and packages nutritional supplements.
SeedMaster Manufacturing Ltd. ($602,500)
Integrate new sophisticated manufacturing technologies that will expand its production and export packaging capacities in order to raise international sales. Situated in Emerald Park, SeedMaster styles, builds and distributes precision seeding gear.

Regional Innovation Ecosystems (RIE) – Investment of $1,000,000
By way of the RIE plan, the Government of Canada tends to make targeted investments in not-for-profit organizations that support companies in priority sectors to innovate, develop and compete globally. RIE is open to not-for-profit organizations that help companies, innovators and entrepreneurs, for commence-up, development, productivity, technologies commercialization, technologies adoption, and export and investment attraction. One particular Saskatchewan RIE recipient getting funding by means of PrairiesCan was announced currently:

Saskatchewan Meals Market Improvement Centre Inc. ($1,000,000)
Improve co-packaging capacity for the agri-meals sector in Saskatchewan.

Jobs and Development Fund (JGF) – Investment of $500,000
JGF gives funding to companies and organizations to support develop jobs and position regional economies for lengthy-term development. The Fund, delivered by Canada’s regional improvement agencies, gives $700 million nationally more than 3 years. Nowadays, one particular JGF project funded by means of PrairiesCan was announced:

Parkland Welding &amp Machine LTD. ($500,000)
Set up automation gear at its Yorkton plant to raise manufacturing capacity of its fluid energy merchandise which are utilized by original gear manufacturer’s (OEM’s) across North America.

Canada Neighborhood Revitalization Fund (CCRF) – Investment of $two,315,570
The CCRF aids communities across Canada create and enhance neighborhood infrastructure projects so they can continue to rebound from the impacts of the pandemic. With a national investment of $500 million more than two years, the Fund’s goal is to support not-for-profit organizations, municipalities and other neighborhood groups, as nicely as Indigenous communities create new neighborhood infrastructure and revitalize current assets, bring men and women to public spaces, develop jobs, and stimulate regional economies. Nowadays, 13 Saskatchewan CCRF recipients received funding by means of PrairiesCan:

City of North Battleford ($734,267)
Revitalize aging downtown streets in North Battleford.
Whitecap Dakota Initially Nation ($675,000)
Create a neighborhood trail network at Whitecap Dakota Initially Nation.
Lloydminster Native Friendship Centre Inc. ($239,800)
Revitalize and upgrade the Lloydminster Native Friendship Centre and outside location.
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 set up fitness gear at Bentley Park and upgrade playground gear 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 neighborhood centre.
Town of Lashburn ($48,038)
Develop a multi-use paved sport pad in Heritage Park.
Town of Mossbank ($45,000)
Construct a trail method connecting to the downtown location.
Town of Hanley ($33,420)
Upgrade the spray park.
Rural Municipality of Turtle River No. 469 ($18,000)
Rebuild the outside skating rink in Vawn.
Town of LeRoy ($15,780)
Develop an accessible walking path about an assisted living facility and make improvements to a downtown park.
Rural Municipality of Heart’s Hill No. 352 ($15,000)
Set up a new wheelchair ramp at Cactus Lake Hall.