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PrairiesCan announces investment in Saskatchewan business and post-secondary education

SIIT Campus Saskatoon. Photo by Shane Luhning.

On May 25, the Hon. Dan Vandal, Minister for PrairiesCan, announced federal funding for five Saskatchewan businesses and the Saskatchewan Indian Institute of Technologies (SIIT).

Four Saskatchewan businesses were awarded funds through the Business Scale-up and Productivity (BSP) program:

The BSP program provides interest-free, repayable funding to incorporated high-growth businesses that have been operating in the Prairie provinces for a minimum of two years.

Saskatoon’s Rivercity Innovations saw an investment from the Jobs and Growth Fund (JGF) for $322,160 to “expand markets and improve cold-chain monitoring systems for food safety and compliance.”

“Saskatchewan is a great place to grow your business with so many new opportunities in food and ingredient processing, technology and advanced manufacturing. Adding to the strengths of the province’s natural resources and agricultural sectors, they are helping to diversify the economy and ensure a prosperous, sustainable future for Saskatchewan workers. Our government is continuing to work with industry leaders and educational institutions to ensure that businesses here have the support they need to succeed, and the skilled workers to get them there,” said Vandal with the announcement.

SIIT received $1 million in funding from the Aerospace Regional Recovery Initiative (ARRI). The funds will help support the development and delivery of SIIT’s Aircraft Maintenance Engineering (AME) Preparation Program. As well, SIIT will also receive $371,000 from the Community Economic Development and Diversification (CEDD) to build a mobile lab for the Indigenous Practical Nursing Program’s rural and remote course delivery to Saskatchewan First Nations.

“SIIT continues to expand and innovate to meet the needs of Saskatchewan’s growing Indigenous communities and provincial economy. These strategic investments contribute to the labour demand solutions desperately needed in the Healthcare and Aerospace sectors while driving economic reconciliation,” said Riel Bellegarde, president and CEO at SIIT.