Regional Economic Development Authority services available to the industry
Business Location Assistance
The REDA organizations and their member communities can assist you in gathering the information you need to select a suitable location to live and do business in the region.
The REDA staff and partners have intimate local knowledge of commercial, industrial, residential and recreation properties available for new or expanding businesses. Many of our partner communities have property available for development.
You can click on the link to real estate in the region to search available listed properties or contact a REDA office or member community for assistance.
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Regional Coordination
One of the primary values in the REDAs and their partnership structure is the ability to provide regional coordination of common industry issues and opportunities.
What this means to you is that the REDAs can be a single contact point to the region. Whether you are trying to address a regional issue or seeking opportunity in the region, the REDAs can help.
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New Business Start-ups
Our offices have experience working with dozens of new businesses every year in the region. They are adept at knowing what is needed and where to get it.
Services are available for developing a business plan; assessing markets; securing financing; finding a location; dealing with regulations; and; any other issue related to new business start-ups.
Simply phone or email one of the REDA offices in the region and they will be pleased to meet with you and discuss your needs.
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Business Financing
A variety of financing sources are available in the region. The REDA offices are up to date on any special programs for new or expanding businesses. They can assist you with advice on your funding application and help you access small business programs such as; Small Business Loans Associations and Community Futures Development Corporations. Contact one of the REDA offices for further information.
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Business Information
Services are available to respond to any business related question that you may have. Links to a variety of information sources are maintained and you will be assisted in ‘path finding’ your way through what is sometimes a maze of government or other sources. Whether it’s simply a need to find out about a government regulation; searching for new suppliers; or needing research information for a new business investment; there is help available.
Your REDA offices can help you find the information or direct you to the right source
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Dealing with Governments
Serving as that important ‘link’ between government and business, the REDAs and their partners have considerable experience in dealing with local and senior governments. This includes a wide range of issues ranging from; ‘wading through’ government regulations; accessing government programs; to; effective lobbying with governments on industry issues.
As community based economic development organizations the REDAs play a role in removing obstacles that can impede business development. We have provided extensive research on issues like the need for special attention to rural industry roads; the need to reduce taxes that limit development; and; a variety of smaller issues brought forward by individual businesses.
The REDA organizations are interested in issues that impact business development and will assist industry to address these issues.
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Addressing Labour Shortages
An increasing challenge impacting regional businesses is the difficulty finding suitable labour. The REDAs realize that development in the region requires a labour supply and are prepared to assist industry to find labour sources.
The training institutes in the region have programs designed to develop a labour force for the oil and gas business. In addition to existing programs there is interest in partnerships with industry to develop custom training for specialized needs.
The REDA offices can direct you to contacts in the training centres. Or you can click on the link to access the centres directly.
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Taxation Issues
REDAs and their partner communities are interested in assuring a fair tax structure in support of the industry in the region. Lobbying efforts are undertaken with senior governments and member communities are open to discussion on tax issues within their jurisdiction.
Some communities have special tax incentives for new business and/or other support that assists new business establishment.
Use the Member links to contact the community of interest or contact your REDA office.
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Business Opportunities
New business opportunities are available as a result of the expanded oil and gas development in the region. There is also an under-representation of service businesses in this area when compared to other oil and gas regions.
The REDA partnership has studied this issue and determined that there is opportunity to provide more localized servicing at lower overall operating costs.
There is also less competition for labour in this region and some potential workforce who would work in the industry if they could be located closer to home in the area.
In addition, major changes to the provincial business tax structure in the past couple years have made this Saskatchewan location more desirable.
The REDA organizations are experienced in dealing with evaluation of new business opportunities and are prepared to assist you in the business planning and financing of your new venture.
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