SK Economic Fundamentals 2008-11

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What`s Behind the Curtain?Saskatchewan
2008-11
Daily Online Edition
SK Economic Fundamentals 2008-11


The following codes will be at the top of each post using an eight sequence alphanumeric description of the month, year and area:

MMYYAREA



1108SASK = Nov 08 Saskatchewan

1108SKTN = Nov 08 Saskatoon

%">1108RGNA = Nov 08 Regina


If you wish to view only one area, you can use the advanced search mode and select the "Result Type" > "Show results as posts".

I have also color coded each area along with the caption to make it easier for you to simply scroll through the posts and locate the ones you are interested in.

All the small towns that have online newspapers are covered on Sundays.
 

joeiannuzzi

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1108SASK
Sask. to get a head start on construction


The 2009 highway construction season may start earlier than usual because the provincial government announced the first phase of construction tenders of $168.6 million this week.

The announcement has come earlier than in previous years -- tenders are usually announced later in the year or in early January, according to Highways and Infrastructure Minister Wayne Elhard.

http://www.canada.com/reginaleaderpost/new...41-6e5d649ad533
 

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1108RGNA
City planning for inland port project


Despite tough economic times around the world, the City of Regina plans to borrow several million dollars to fund some major projects.

At tonight`s city council meeting, councillors will consider a recommendation for the city solicitor to prepare bylaws to authorize borrowing up to $50 million for the design and construction of phase 1 of the inland port project. Designing and constructing water, wastewater and drainage services for the phase 1 area -- located west of Pinkie Road and to be home to the Canadian Pacific intermodal facility and the Loblaw distribution centre -- is estimated to cost $50 million.

http://www.canada.com/reginaleaderpost/new...27-042ffbf9546c
 

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1108SASK
Land claim deal of historic proportions


Three Saskatchewan First Nations are about to receive a land claim settlement of nearly $80 million, one of the largest of its kind in Saskatchewan history.

The Cote, Key and Keeseekoose First Nations, located in east-central Saskatchewan, will together receive a total of $78.2 million for the 12,800 acres known as the Pelly Haylands, which were taken from them in 1899 and 1905.

http://www.canada.com/saskatoonstarphoenix...10-f046f36f6f79
 

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1108SASK
Province offers producers a deal


The provincial government says it will give some farmers and ranchers who want to purchase their leased Crown agricultural land a break on the price.

"We`re trying to get that ownership back in the producers` hands," said Agriculture Minister Bob Bjornerud.

About 1.6 million of the 7.2 million acres of agricultural Crown land will be eligible for sale, including 600,000 acres of cultivated land and one million acres of pasture land, the minister said.

http://www.canada.com/reginaleaderpost/new...c7-0931f660dafd
 

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1108SASK
Saskatchewan`s future rosy

Saskatchewan will avoid a recession or serious economic downturn, thanks to its diversified, resource-based economy that should weather the economic storm better than most, says Scotiabank`s chief economist.

"Saskatchewan is in the sweet spot because not only have the demographics turned favourable ... but the balance in what`s produced here is pretty good too,`` said Warren Jestin in an interview Monday.

http://www.canada.com/reginaleaderpost/new...cf-f812a8460155
 

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1108RGNA
House prices high, sales steady

The heat is off the housing boom in Regina as sales are returning to more normal levels and listings are at a 20-year high, according to the Association of Regina Realtors.

But prices continue to hit record heights, with the average price of homes sold in the city at $234,600 in October -- a record for the month -- up 20 per cent from October 2007.

http://www.canada.com/reginaleaderpost/new...ac-90e836d48b11
 

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1108SASK
Diplomats explore Sask. energy expertise


REGINA -- Saskatchewan is on the radar of governments around the world, Energy and Resources Minister Bill Boyd said Monday, pointing to interest shown in a diplomatic economic mission being held this week

Ambassadors and high commissioners from 24 countries gathered at the Petroleum Technology Research Centre (PRTC) in Regina Monday as part of the mission, which began Sunday and takes place in Regina and Saskatoon until Wednesday.

http://www.canada.com/saskatoonstarphoenix...60-1893201bd368
 

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1108RGNA
City set to deny condo projects


Recent surveys to gauge tenants` opinions of five proposed condominium conversions in Regina have left some feeling "harassed, intimidated or pressured" and worried about their personal safety, according to city administration reports.

But a representative for the company proposing the conversions called the tenants` claims "unsubstantiated."

http://www.canada.com/reginaleaderpost/new...6d-ce9be3c6e17e
 

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1108SASK
Wall won`t revisit equalization

Premier Brad Wall said Saskatchewan won`t revisit the issue of equalization despite federal Finance Minister Jim Flaherty`s plan to tinker with the funding program.

And he said the fact Ontario is receiving equalization for the first time is a sign of the seriousness of the economic situation in much of Canada.

http://www.canada.com/reginaleaderpost/new...ba-dec2c116e22f
 

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1108SKTN
Sliding riverbank in line for $2.6M fix


It will take a deep trench, 15,000 cubic metres of dirt and $2.6 million to halt the slide of the South Saskatchewan riverbank.

For more than a year, Saskatchewan Crescent homeowners have watched as the postcard-pretty riverbank just south of the University Bridge cracked and fell away, taking a scenic bend of the Meewasin trail with it.

http://www.canada.com/saskatoonstarphoenix...17-630956a56d4d
 

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1108SASK
Province touts resource base to diplomats


REGINA (SNN) -- The province touted its rich resource base to diplomats meeting at the Saskatchewan legislature Tuesday.

Enterprise and Innovation Minister Lyle Stewart, who outlined Saskatchewan`s economy to delegates representing more than 20 countries, said this week`s diplomatic economic forum will hopefully lead to increased business between Saskatchewan and other nations.

http://www.canada.com/saskatoonstarphoenix...1a-a7101ff2e0d2
 

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1108SASK
Delegation off to China


A Saskatchewan delegation will participate in the 2008 China Mining Congress and Expo in Beijing next week to promote investment opportunities in mineral exploration and mining.

"I look forward to many productive discussions on this mission," said Meadow Lake MLA Jeremy Harrison, who will lead the Saskatchewan mission at China Mining 2008, a show that attracted 3,000 delegates from 45 countries last year.

http://www.canada.com/reginaleaderpost/new...c0-a3e5746ebe44
 

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1108SKTN
Major reno eyed for Mosaic Stadium

REGINA -- The home of the Saskatchewan Roughriders may be in line for a multimillion-dollar facelift -- or a replacement, Regina`s mayor says.

"The status quo is not an option. So it is going to be one or the other, it is going to be a retro(fit) or new (stadium) and it will be done based on what we can afford to do with our partners," Pat Fiacco said Wednesday.

http://www.canada.com/saskatoonstarphoenix...f5-fc61f2003d84
 

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1108SASK
Holiday sales expected to be strong in Sask.


Once again, Saskatchewan stockings will be stuffed full of gifts this Christmas despite national concerns about consumer spending during the holiday season, a Canadian retail group says.

"We`re optimistic that consumers in Saskatchewan are going to be hitting the stores just as they did in the last couple years in terms of holiday sales," said Lanny McInnes of the Retail Council of Canada (RCC). "We`re expecting it to be a good holiday season for retailers in Saskatchewan."

http://www.canada.com/saskatoonstarphoenix...12-5bf87718d162
 

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1108RGNA
Expansion work gets underway

With the city dump expected to hit its limit in 2010, work is moving ahead with a proposed expansion.

Under provincial legislation, the City of Regina must conduct an environmental impact assessment for the expansion, which was presented to the public at an open house Thursday night. The city contracted AMEC Earth & Environmental, in association with Earth Tech AECOM, to conduct the environmental assessment, pre-design, design and construction engineering for the site.

http://www.canada.com/reginaleaderpost/new...b3-e21a77b17c95
 

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1108SASK
Sask. will see drilling increase


Saskatchewan will see a nine-per-cent increase in oil and gas drilling in 2009, according to the latest forecast by the Petroleum Services Association of Canada (PSAC) released Thursday. The increase is partly due to the high royalty rates in Alberta which makes Saskatchewan more competitive, PSAC president Roger Soucy said.

http://www.canada.com/reginaleaderpost/new...b4-45c72d011588
 

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1108RGNA
Shell, province invest in research


The provincial government and Shell Canada are each investing $5 million into an international research centre at the University of Regina to develop, test and ultimately commercialize carbon capture and storage (CCS) technology.

The new centre, called the International Performance Assessment Centre for Geologic Storage of CO2 (IPAC-CO2), will assess and advise CCS projects around the world and share findings with other research organizations.

http://www.canada.com/reginaleaderpost/new...c9-54b847b34820
 

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1108RGNA
Building permit number still high


Building permit activity in Regina remains high -- but not quite as sky high as last year in dollar terms -- according to the latest statistics released by the city.

The data indicates building permits for construction valued at $272.7 million were issued by the city during the first 10 months of this year. That is less than the $309.4 million in permits issued in the same January-to-October period last year.

http://www.canada.com/reginaleaderpost/new...bc-74bb623b4499