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S WIFT C URRENT OPEN SKIES TAKE US FURTHER RENEWABLE ENERGY
SWIFT
CURRENT
OPEN SKIESTAKE US FURTHER
RENEWABLE ENERGY
Canada and Saskatchewan are leading the way in harnessing renewable energy opportunities, from power generation to innovation and research and development.
LARGEST CONSUMER OF ELECTRICITY IN THE WORLD
OF CANADA’S PRIMARY ENERGY PRODUCTION – DESPITE ONLY 3% OF CANADA’S POPULATION
RENEWABLE ENERGY BY 2030: PROVINCIAL GOVERNMENT’S GOAL, SUPPORTED BY THE FEDERAL GOVERNMENT
CANADA
SASKATCHEWAN
LARGEST CAPACITY FOR RENEWABLE ENERGY
IN THE WORLD
OF CANADA’S ENERGY GENERATED BY RENEWABLE SOURCES
6th
3rd
65%
36%
50%
GO FURTHER WITH RENEWABLE ENERGY
Swift Current is home to some of the best renewable energy opportunities on the planet – along with the infrastructure and resources you need to make the most of your investment: abundant wind and solar resources, a surplus of available land, easy road access and close proximity to the city-owned electrical grid.
Swift Current is also home to more than open skies. Here you’ll find opportunities across every sector – along with an entire community committed to helping you go further. From your fellow 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 fastest growing industries: renewable energy.
WELCOME TO SWIFT CURRENT – HOME OF RENEWABLE ENERGY
SASKATOON
REGINASWIFT 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
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
5TH CLEAREST SKIES IN CANADA
According to the
Meteorological Services
of Canada
MOST CONSISTENT WIND RESOURCE IN THE PROVINCE
Home to several wind
farms – with room for more
2,374 HOURS OF SUNSHINE ANNUALLY
Most in the province – a prime
location for solar energy investments
In addition to the support of both the provincial and federal government, Swift Current has abundant resources and sufficient insolation for solar farms on par with global photovoltaics (PV) leaders.
Energy generation is just the beginning. Opportunities are available across the entire supply chain:
Component manufacturing
Construction
Transportation
SWIFT CURRENT, SASKATCHEWAN – LANDMARKS & RESOURCES
Engineering
Operations and Maintenance
Wind Turbine Manufacturing: nacelles, towers, foundations, blades, mechanisms
RENEWABLE ENERGY RESOURCES
Renewable energy resources are Swift Current’s biggest asset – with plenty of opportunities for sustained growth and development.
CONTACT INFORMATION
MUNICIPAL
City of Swift Current – Department of Community Development (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.
Marty Salberg Director of Community Development City of Swift Current [email protected]
www.growwithswiftcurrent.ca
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 INCENTIVES
Both locally and provincially, Swift Current is committed to renewable energy – and there are several incentives at both levels to help you build your business 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
Province sales tax exemption for direct agents used in the manufacturing process
35% rebate for wind turbines 100KW or less
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
*applies to new construction
