Grow your Economic Future in Regina

Financial Services

Regina’s financial services sector provides critical services to the individuals and organizations that drives the local economy.

6800

Employees

5.1%

of total regional employment

12.6%

of the GDP

*All stats are from February 2021, unless otherwise stated.

Regina is Home to World-Leading Financial Service Companies

There are 305 financial services companies in Regina including headquarters for national and international financial institutions. Farm Credit Canada (FCC), Saskatchewan Workers’ Compensation Board (WCB), Public Employees Benefits Agency (PEBA), Greystone Managed Investments (GMI) and Saskatchewan Government Insurance (SGI) all hold head offices here. The Co-operators Group Limited (CGL) maintains its Life and Health Insurance head office in Regina and Canada Life’s Insurance Division is based out of Regina.

Regina businesses are managing portfolios in the billions

Co-operators Group Limited employs 800 people, manages $35.1 billion in assets
Canada Life’s Life Insurance Division has $22 billion in assets in its consolidated general funds as well as $5 billion of segregated fund assets
Farm Credit Canada has a portfolio of $26.9 billion and 1,600 permanent employees
Greystone Managed Investments is a privately-owned, Canadian institutional investment manager that is one of Canada’s 10 largest money managers ($33 billion)

— CASE STUDY —

Economic Development Regina, Cultivator + Emmertech to Launch Saskatchewan’s First Agtech Accelerator

Economic Development Regina (EDR), Cultivator powered by Conexus (Cultivator) and soon-to-be-launched venture capital fund, Emmertech, are excited to announce we’re teaming up to launch an Agtech Accelerator.

Through this partnership, we’re solidifying Saskatchewan as a global hub for agtech investment, commercialization, and job creation by providing world-leading agtech and foodtech companies with the mentorship, resources, programming and funding needed to help them take their startup to the next level.

The Agtech Accelerator will be open to agtech and foodtech companies from across Canada that focus on (but not limited to):

Big data and predictive analytics
Supply chain, traceability and sustainability
Precision agriculture
Robotics and automation
Farm management software, sensing and Internet of Things
Animal health

What makes the Agtech Accelerator unique is that it is venture capital-backed. Companies selected to participate will receive an equity investment at intake via Emmertech – a first for an accelerator in Saskatchewan and Canada.

Coming on board as a funding partner for the Agtech Accelerator is Innovation Saskatchewan, with a $300,000 commitment over the next three years. Through this funding, we can accelerate game-changing innovation, further positioning Saskatchewan as a global leader for agtech and foodtech.

One cohort per year will be selected each year through an application process, with programming taking place during the winter months to coincide with farming off-season. At the end of the programming, companies will pitch their ideas to a panel of judges at an event called “Demo Day” for a chance to win prizes. Cohort recruitment will take place each fall.

As with many other industries, technology is driving global agriculture forward. Our future relies on collaboration, innovation, and the ability to leverage our strengths and become leaders who drive a sustainable future here at home, across the country, and around the world.

Who better to lead the growth of agtech in Canada and beyond than Saskatchewan – home to:

More than 40% of Canada’s cultivated farmland;
A vibrant and growing startup culture; and
A strong ecosystem of world-leading agtech and foodtech companies and business community.

Saskatchewan has always been a leader in agriculture, and the Agtech Accelerator allows us to continue leading into the future.

To learn more, visit Cultivator.ca/agtech-accelerator.

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Economic Development Regina
200-1965 Broad Street
Regina, SK, S4P 1Y1
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In the spirit of reconciliation

This land is Treaty 4 Territory—the ancestral lands of the Cree, Saulteaux, Dakota, Lakota, Nakoda and homeland of the Métis. We acknowledge the harms of the past and are committed to moving forward in the spirit of reconciliation and gratitude—respecting and honouring the treaties that were made on all territories.

Economic Development Regina is advancing the Calls to Action to foster economic prosperity for all in the Greater Regina Area. We are committed to celebrating the culture, values, and language of Indigenous peoples to preserve the spirit and intent of Treaty 4.