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New Federal Economic Development Agency just for the Prairie Provinces

New Federal Economic Development Agency just for the Prairie Provinces


Image by Free-Photos from Pixabay

New Federal Economic Development Agency just for the Prairie Provinces


Source:
Canada.ca
Date: August 12, 2021

As Westerners move towards their economic recovery, the Government of Canada is building a more focused, locally informed approach, and putting people first to foster innovation, business growth, and resilience in urban, rural, and Indigenous communities.

For the first time in more than three decades, the Government of Canada is enhancing its federal economic development presence and services in Western Canada by creating two new regional development agencies for the Prairie provinces and British Columbia. This approach recognizes that economic drivers and conditions are different in each of the two regions, and entrepreneurs, innovators, institutions, and communities have unique needs linked to where they are located.

PrairiesCan will also benefit from WD’s existing core program funding which means an overall increase in resources available for strategic investments and community economic development on the Prairies. As a result, in addition to maintaining current headquarters in Edmonton, and offices in Saskatoon, Winnipeg, and Ottawa, and expanding its Calgary satellite office, PrairiesCan will significantly extend its reach by establishing new service locations in the following provinces:

  • Alberta: Lethbridge, Fort McMurray and Grande Prairie
  • Saskatchewan: Regina and Prince Albert
  • Manitoba: Brandon and Thompson

Click here to read the full press release.