REGINA, Sask. — The Governments of Canada and Saskatchewan are slated to contribute a combined $1.2 million in funding to the Global Transportation Hub Authority (GTHA) in Regina.
The funding will be used for both marketing and green technology initiatives, according to Andrew Scheer, Member of Parliament for Regina-Qu’Appelle.
“The Government of Canada is pleased to invest in the Global Transportation Hub to create awareness of the facility and help link Saskatchewan exporters to international markets,” said MP Scheer. “(This) funding builds on previous federal infrastructure investments to improve access to the GTH and helps establish Saskatchewan as an important link in the Asia-Pacific corridor.”
“Saskatchewan is a gateway to national and international markets,” said Jeremy Harrison, Saskatchewan’s Minister of Enterprise and Minister Responsible for Trade. “Promoting the Global Transportation Hub to new distributors will mean our province’s exporters can continue to grow and expand their marketplace.”
The Global Transportation Hub Authority (GTHA) will use a portion of the funding to investigate the utilization of green technologies on the over 1,600 acre site. Funding will also be used to develop and implement marketing strategies to identify and attract new businesses and distribution centres to the GTH, like the Canadian Logistics Services facility that opened Feb. 1 to serve the Loblaw group of companies.
With the federal and provincial assistance, officials anticipate that the GTH will attract up to $300 million in new investments to Saskatchewan.
Both Canada and Saskatchewan are contributing $25 million each over four years to the Canada-Saskatchewan Western Economic Partnership Agreement to strengthen economic activity and improve quality of life in western Canadian communities.
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