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

m.salberg@swiftcurrent.cawww.growwithswiftcurrent.ca(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