News

The Slow Climb Continues

Anyone who has enjoyed an afternoon of tobogganing knows it takes a lot more time and effort to get back up the hill that it does to get down. With the onset of COVID-19, we saw a deep and sudden drop in almost every sector of our economy. Our September Economic Report Card numbers are showing us that we’re now in the long, slow walk back up the hill. We have a long way to go, but the good… Read More

Regina’s entrepreneurial community continues to grow and attract investors

(Regina) Economic Development Regina is pleased to welcome Valhalla Angels to Regina as they announce their expansion into Saskatchewan.  Regina’s economy is built on a strong foundation. Our physical assets, expertise across multiple sectors, innovative nature and connectedness as a community have created fertile ground for growth. In consultation with dozens of leaders from across… Read More

Spending is Up Despite Covid-19, but Some Challenges Remain

By Shaadie Musleh As the old adage goes “you have to spend money to make money.” More accurately from an economic perspective, “you have to spend money to make someone else money.” This is an important driver of our economy, which is why consumer spending has been such an important metric to watch as we move through recovery. As different regions across Canada move through… Read More

Regina’s Event Sector Plans to Return with a Bang

The COVID-19 pandemic has come with very few “bright sides”, but the shutdown of visitors flowing to Regina for events has illustrated (albeit in a painful way) just how pivotal the events, conventions and tradeshows (commonly known as “ECT”) sector is to the Regina economy. The remainder of 2020 will stand in sharp contrast to the few years preceding the pandemic, which… Read More

July Economic Report Card Shows Short-Term Pain, but Long-Term Gain

Regina’s July Economic Report Card is out and shows a mix of short-term challenges and long-term opportunities. Short Term Pains First, the bad news. The pandemic continues to have a heavy impact on the Accommodation, Restaurants, Retail and Wholesale sectors. In July, accommodation and food services employment was down more than 4,000 jobs compared to this time last year, while wholesale… Read More