Saskatchewan Investment Attraction Strategy Unveiled

22 Apr Saskatchewan Investment Attraction Strategy Unveiled

New and Expanded Programs and a New Investor Website to Support Investment Opportunities

The Government of Saskatchewan has released Securing the Next Decade of Growth: Saskatchewan's Investment Attraction Strategy. The strategy is Saskatchewan's roadmap to increasing investment in the province and further advancing Saskatchewan's Growth Plan goal of $16 billion in private capital investment annually.

Private capital investment in Saskatchewan increased by nearly 25 per cent in 2023 and is expected to lead the nation with an increase of 14.4 per cent in 2024.

The strategy is built on the Saskatchewan Advantage, which includes a competitive business environment, low tax and utility rates, a transparent and predictable regulatory environment, a strong suite of incentives and a network of nine international offices that connect Saskatchewan to the world.

The strategy focuses on three key pillars:

• Build - creating opportunities in new and emerging sectors to drive investment and diversify the economy;
• Grow - leveraging previous successes and capitalizing on existing strengths in Saskatchewan's key sectors; and
• Connect - connecting the world to Saskatchewan to ensure the province remains a secure, reliable supplier of goods and services.

As part of the strategy, the provincial government launched a new website, investSK.ca, which will serve as a gateway to the province for international business and investors. It provides an overview of the major economic sectors and the world-class investment opportunities in Saskatchewan.

Read more here.