Upload
others
View
1
Download
0
Embed Size (px)
Citation preview
SWIFT
CURRENT
OPEN SKIESTAKE US FURTHER
AGRI- BUSINESS
Canada and Saskatchewan are leading the way in primary production and innovative processing technologies, actively looking to build partnerships locally and globally.
CANADA
GROW FURTHER WITH AGRI-BUSINESS
In Swift Current, there’s a whole lot growing under our open skies. We’re home to some of Canada’s most fertile land, surrounded by abundant fresh water and the most hours of sunshine in the province. We’re not only the country’s most important grain-producing region, we’re also among its most innovative – with Saskatchewan supplying a third of the world’s durum wheat exports while leading the way in research and production.
Under our open skies, you’ll also find opportunities across every sector – along with an entire community committed to helping you go further. From your fellow growers and businesses to city council to the citizens themselves, we’re here to support you locally and help you compete globally in one of the world’s most important industries: agri-business.
WELCOME TO SWIFT CURRENT – HOME OF CANADA’S MOST RICH AND FERTILE LAND
SASKATOON
REGINA
SWIFT CURRENT
SWIFT CURRENT – AT A GLANCE
6th largest city in Saskatchewan (18,000 residents)
Economic, cultural and recreational hub of Southwest Saskatchewan, with an immediate market of 55,000; 6 million within an 800-km radius
Ranked No. 1 in entrepreneurial spirit among mid-sized Canadian cities (CFIB – 2016)
Ranked No. 1 entrepreneurial city in Saskatchewan
Most popular mid-sized city for immigration in the province
Abundant resources for newcomers
Low municipal tax structure
Lowest crime rate in the province among cities
Well-established municipal infrastructure with robust education system
WORLD LEADER IN AGRICULTURE PRODUCTION AND AGRI-FOOD EXPORTING
LARGEST EXPORTER OF AGRICULTURAL PRODUCTS (WTO, INTERNATIONAL AND MARKET ACCESS DATA ONLINE 2012)
INTERNATIONALLY RECOGNIZED INSPECTION SYSTEMS OVERSEEING WORLD-CLASS STANDARDS ENSURING FAST APPROVALS IN OTHER MARKETS
SAVINGS IN TOTAL LABOUR COSTS FOR FOOD PROCESSING FACILITIES (RELATIVE TO U.S.)
LOWEST EFFECTIVE CORPORATE INCOME TAX RATE FOR FOOD PROCESSING FACILITIES AMONG G-7 COUNTRIES (8.4% LESS THAN THE U.S.)
8th
2nd
12.8%
SITUATED DIRECTLY
ON THE CANADIAN
PACIFIC RAILWAY
MAINLINE
GREAT PLAINS REGIONAL
COLLEGE WILL WORK WITH
PROSPECTIVE EMPLOYERS
TO CUSTOMIZE PROGRAMS
TO FIT THEIR NEEDS
STRATEGICALLY POSITIONED ON
THE PROVINCE’S NO. 1 TRADE AND TRANSPORTATION CORRIDOR – THE TRANS-CANADA HIGHWAY
IMMEDIATE MARKET OF 55,000 AND APPROX. 6 MILLION WITHIN AN 800 KM RADIUS
GO FURTHER WITH SWIFT CURRENT
1 OF ONLY 2 CITIES IN SASKATCHEWAN THAT OWNS /
OPERATES ITS OWN POWER DISTRIBUTION UTILITY
QUALITY & INNOVATION: WORLD’S BEST
WHEAT & RESEARCH
Home to the world’s highest quality
durum wheat and the Swift Current Research and Development Centre
DIRECT ACCESS
TO THE U.S. Positioned on #1 transportation
corridor (Trans-Canada Highway) and CPR mainline
CANADA’S LARGEST PEA
& LENTIL PRODUCTION
Home to several successful
Pulse Processing Plants
with room for more
SASKATCHEWAN
SWIFT CURRENT, SASKATCHEWAN – LANDMARKS & RESOURCES
There’s plenty of room to grow further under our expansive skies – from primary production and innovation to processing and transportation. OF THE WORLD’S EXPORTED
DURUM WHEAT COMES FROM SASKATCHEWAN
PROVINCE’S TARGET FOR TOTAL AGRICULTURE VALUE-ADDED REVENUE BY 2020 – A 70% INCREASE FROM $3.5 BILLION IN 2012
$6
OF CANADA’S FARMABLE LAND IS IN SASKATCHEWAN – OUR MOST IMPORTANT GRAIN-PRODUCING REGION
40%over
1/3over
BILLION
CONTACT INFORMATION
MUNICIPAL
Marty Salberg
Director of Community Development
[email protected](306) 778-2700
Swift Current’s Department of Community Development advocates for all business sectors by working with the government and regional and local business groups to promote investment. We’re here to create growth, generate job opportunities and help make Swift Current an even better place to work and live. Contact us to learn more about what Swift Current can do for you and your business.
REGIONAL
Community Futures Southwest
(306) 773-0900
PROVINCIAL / FEDERAL
Canada Business Network
1-888-576-4444
Square One: Saskatchewan’s Business
Resource Centre
306-242-4101
Western Economic Diversification Canada
1-888-338-9378
GOVERNMENT INCENTIVESBoth locally and provincially, Swift Current is committed to agri-business – and there are several incentives at all levels to help you grow further within the hub of Southwest Saskatchewan.
PROVINCIAL INCENTIVES
Corporate income tax rate as low as 10% on manufacturing and processing profits
Manufacturing and processing exporting hiring tax incentives
No corporate capital tax
No payroll tax
No health premiums levied
5% refundable investment tax credit on manufacturing and processing equipment
10% non-refundable tax credit for research and development expenditures
6% provincial sales tax – lowest rate of all provinces with sales tax
Provincial sales tax exemption for direct agents used in the manufacturing process
MUNICIPAL INCENTIVES
Existing business expansion tax exemption*
100% exempt in first two years 50% exempt in year three 25% exempt in year four
New business tax assessment exemption*
100% exempt in year one 50% exempt in year two 25% exempt in year three
City Council may provide up to five (5) years of 100% tax exemption
AGRI-BUSINESS INCENTIVES
Saskatchewan Lean Improvements in Manufacturing program provides 50% cost-shared funding to a max. of $500,000, and 50% of Lean Gap Analysis costs to $20k max.
Saskatchewan Agri-Value Initiative provides a maximum of $100,000 over a four-year period for prototype and product development, system improvements, marketing/market opportunities and skills and training
Agriculture Development Fund provides funding of over $14M per year to public/private researchers
*applies to new construction