The Economic Development Organizations of Saskatoon and Regina will split funding from the Government of Saskatchewan that is ear-marked to foster competitive business environments.

The Saskatoon Regional Economic Development Authority (S-R-E-D-A) and Economic Development Regina (E-D-R) will split $450,000 from the province, funding that ensures the alignment of service delivery by reinforcing a cross-provincial approach to economic development supports for the two organizations.

In addition, the funding will be used by S-R-E-D-A and E-D-R to develop sustainable growth initiatives and implement engagement strategies to grow the provincial economy. In 2022, Saskatchewan saw record exports valued at $52 billion and a third consecutive year of record agricultural exports valued at $18.4 billion.