Advantage 2018 - moosejaweconomicdevelopment.com - Moose Jaw Economic Development
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
The Moose Jaw Advantage 18 20 TOURISM MANUFACTURING AGRICULTURAL HEARTLAND The Right Place to Live, Work, Learn and Invest AGRIBUSINESS & PROCESSING moosejaweconomicdevelopment.com
Moose Jaw Community Snapshot Moose Jaw, truly a city as unique as its name, is located in the heartland of the prairies, nestled in the picturesque valley carved out by Moose Jaw River and Thunder Creek. Halfway between Calgary and Winnipeg on the Trans- ALASKA (USA) Canada Highway and less than an hour from Regina, Yukon Northwest Territories Nunavut Moose Jaw is at the agricultural heartland of Saskatchewan. Newfoundland Highways and rail connect Moose Jaw to major North Labrador American markets with the city acting as the western anchor Prince Edward Island British Columbia Alberta Manitoba Ontario Québec New Brunswick Nova Scotia to the Moose Jaw-Regina Economic Corridor, with easy Moose Jaw access to the Global Transportation Hub. UNITED STATES Quick Facts ABOUT Our City MOOSE JAW 2016 CENSUS LIVESTOCK Largest PER CAPITA COMPARISON POPULATION 33,890, 2018 distribution centre for OF MUNICIPAL TAXATION population estimated at 35,124 livestock in Saskatchewan Moose Jaw lowest of major TRADING AREA 60,000 SPECIALTY CROPS grown in cities in Saskatchewan at the region; chic peas, lentils, $790.60, Saskatoon next at SASKATCHEWAN 2018 $923.36, Regina is $1,172.28. POPULATION 1,169,752 peas, soybean, mustard 2017 BUILDING PERMITS • 6th lowest for commercial 2017 EMPLOYED 19,600 KEY ECONOMIC SECTORS taxation amongst Potash Mining, Agriculture, $39,635,878 (285 permits) MINIMUM WAGE $10.96/hr 2016 Building Permits Saskatchewan cities Ag-value-added Processing, 2018 MLS HOME PRICE Nato Flying Training (15 Wing), $39,635,878 (306 permits) DEVELOPMENT PERMIT 2015 Building Permits FEE $100 fee plus $40/$1,000; INDEX $230,076 ytd Transportation (Trucking and Rail), Tourism, and Healthcare $53,255,742 (290 permits) Building Permit Fee RENTAL VACANCY RATE SINGLE FAMILY HOUSE $6.00/$1,000 (Fall 2017) 2.3% Average Rent POTASH RESOURCE Vast (2 Bdrm) $915/month reserves of high quality STARTS 2017 48 2016 53 COMMERCIAL RETAIL potash - two solution mines 2015 53 2014 81 2013 77 LEASE RATES Downtown MUNICIPAL AIRPORT are located near Moose Jaw CITY LAND FOR SALE Retail $12-$18/PSF; New/ Runway length 2,952 feet Grayson Business Park prime Office/Retail $20 - with proposed 1,000 feet TRANSPORTATION AND $23/PSF extension UTILITY HUB Two national serviced C-3 and Moose Jaw railways; CP’s Soo rail line Industrial Park serviced M2 INDUSTRIAL LEASE RATES AVERAGE DAILY to Chicago; Trans-Canada INVESTMENT INCENTIVES $5.75 (older) - $12/PSF TEMPERATURE (July) Highway & #2 Highway; Five-Year Property Tax (newer) +19.4°C; (January): -13.7°C major power transmission Phase-In for Commercial/ IN 2017 there were 1,994 Annual Sunshine Hours: 2,338 lines, natural gas and water Industrial investment or Five businesses operating in TIME ZONE Central Standard pipelines Year Industrial Property Tax Moose Jaw (CST) year round Exemption for Job Creation (Sector Specific) 2 > THE MOOSE JAW ADVANTAGE
What's Inside Moose Jaw, Community Snapshot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2018 Economic Outlook . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 2018 Moose Jaw Economic Outlook . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Moose Jaw’s Competitive Advantage . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Sector Overview: Mining and Heavy Industrial . . . . . . . . . . . . . . . . . . . . .13 Agriculture in the Heartland . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Processing and Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Manufacturing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Transportation and Warehousing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 Wholesale & Retail Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 Health Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20 Education Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Tourism and Hospitality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Construction Sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Housing Outlook . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Socio-Demographic Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29 Local Workforce Attraction & Retention . . . . . . . . . . . . . . . . . . . . . . . . . 31 THE MOOSE JAW ADVANTAGE > 3
2018 Economic Outlook CANADA In August 2018, BMO Capital Markets predicted annual higher commodity prices”. Unless the economy continues to economic growth at 2.0 per cent In 2018 and 1.8 per cent In 2019. grow, employment in construction will go down. Unfortunately Correspondingly, Saskatchewan’s annual economic growth is there is no forecast for a sudden and rapid rebound in the prices projected to be 1.5 percent in 2018 and 1.9 per cent in 2019. In of oil, potash and uranium. Canada retail sales in the first 5 months of 2018 are up 3.6% and the continued sign the economy is building momentum. The federal government carbon taxing policy requires that by 2018 each province have a “floor price” of $10 per tonne While the Canadian economy has shown signs of improvement of carbon emitted, rising $10 each year to $50 per tonne in it has not been enough to convince the Bank of Canada to raise 2022. Agriculture is expected to be hard hit. The Saskatchewan interest rates. This will put pressure on the Canadian dollar says government is not supporting or endorsing this policy. with one North American economist who says he expects the Canadian dollar to weaken to CS1.53 by the end of 2017, the most The Canadian Federation of Independent Business reports that bearish forecast of all analyst surveyed by Bloomberg. In August in the next ten years more than 10 years more than 75 per cent of 2018 the dollar was trading at .77 cents U.S. of businesses will be looking to transition ownership of their business. This creates opportunities for management buy-outs. According to RBC Economic Research Provincial Outlook June 2018, all 10 provinces are expected to see their economic growth 2018 PROVINCIAL ECONOMY The provincial economy has rate slow compared to last year. Energy producing provinces, encountered challenges on account of the persistently low such as Saskatchewan, will make progress catching up with global commodity prices and deteriorating employment the rest of the country over the next two years and will top the picture. According to Sask Trends Monitor, the current declines growth tables. A strengthening US economy should support in the various economic indicators are beginning to look export growth, but the risk of trade protectionism remains like a long-term slump rather than a short-term blip. The challenging for some industries and provinces. Saskatchewan government is dealing with a $1 billion deficit and low prices mean continued challenges in the months ahead. The Bank of Canada Spring 2018 Business Outlook Survey Saskatchewan’s economy is diverse and resilient, and the hope is suggest that business sentiment continues to be positive, for gradual improvement in job creation. supported by healthy sales prospects. Due to strong demand, capacity and labour pressures are evident in most regions. Canada’s unemployment rate dropped to 5.8 per cent in July 2018, its lowest level in two years, and a further indication that SASKATCHEWAN The June 2018 RBC Provincial Outlook the national economy is on the mend from the oil price shock of suggests that growth in the Saskatchewan economy is expected recent years. Meanwhile, Saskatchewan contends with a new- to remain above the national average this year and next rising found problem of unemployment rate at or above the Canadian to 2.4% and 2.8%, respectively. This above-average strength average at 6.3%. According to Statistic Canada way more people results from a number of key natural resource sectors showing are collecting money from the government as they search for solid growth over the next two years. The economy is expected work and the number of people needing social assistance has to receive a boost from the agriculture sector as well. GDP almost doubled from past years. growth will be accelerated as a result of these rebounds in the agricultural and mining sectors along with rising investment Statistics Canada’s June 2018 employment numbers for spending. Capital spending and the construction industry look the province show 572,000. This continues the trend from to have positive years with the improvement in the Potash 2016 where Saskatchewan experienced the worst drop in industry. The bank Is forecasting employment in the province to employment since 2001. The province’s situation stands in stark rise by half a percentage point and the unemployment rate to contrast to the national economy, which added 86,000 full time remain at 5.7 per cent next year. jobs and 131,300 part time jobs during 2016, resulting in a 0.3 percentage point decline in the unemployment rate. Stats Can Canadian Mortgage and Housing Corporation predict data shows the province’s private sector jobs have been hit employment growth of 1.5 per cent in 2018, “due to modestly harder than public sector ones. 4 > THE MOOSE JAW ADVANTAGE
Both manufacturing and retail sales are up and leading the compared to June 2017. This ranks Saskatchewan fourth in terms nation. And for the first time in the province’s history, average of year-over-year growth among the provinces. During the same weekly earnings were $1,010.28 in May 2018 up from $999.46 period, national retail sales increased by 3.9%.In the past six in May of 2017. Saskatchewan ranked fourth highest among months of 2018, Saskatchewan’s retail sales went up by 0.7%, provinces in average weekly earnings for May 2018. Nationally, to reach $9.5B, ranking it eighth among the provinces in terms the average was $998.37. In the past five months of 2018, of percentage growth. Retail sales are a major contributor to Saskatchewan’s average weekly earnings have grown by 0.6% our gross domestic product, and growth in this area is positive. compared to the same period in 2017. Consumer demand and confidence with increased retail activity The Canadian Federation of Independent Business (CFIB) says helps strengthen the economy. optimism is slowly coming back to Saskatchewan after some According to the Government of Saskatchewan, in June 2018, tough times. According to their survey optimism has reached its manufacturing sales in Saskatchewan were up by 13.3%, to $1.4B, highest point since January 2015. The barometer shows an index compared to June 2017. In this period, Saskatchewan ranked of 57.7 for February 2017, a 2.7 point increase from a month ago. second in terms of percentage change among the provinces. Optimism is on the rise for small businesses. The October release In the first six months of 2018, the value of manufacturing of its latest monthly Business Barometer®, reveals optimism shipments in Saskatchewan totalled $9.3B, an increase of 11.4% among small business owners in Saskatchewan and increased compared to the same period in 2017 ($8.4B). Saskatchewan slightly to an index of 52.7 in October from 50.9 in September, ranked third among the provinces in terms of percentage which is 4.5 points below the national average index of 57.2. change. During this period, national average increased by 4.6%. Highlights of the Saskatchewan Business Barometer for October: In June 2018, Saskatchewan’s unadjusted wholesale trade • 32% of businesses in Saskatchewan say their overall state totalled $2.5B, a 4.6% increase from June 2017. In terms of of business is good (41% nationally); 18% say it is bad (11% percentage change, Saskatchewan ranked first among the nationally). provinces. In the past six months of 2018, wholesale trade in Saskatchewan totalled $13.6B, an increase of 0.3% from the year • 19% plan to decrease employment in the next 3-4 months prior. During this period, the national average grew by 4.8%. (17% nationally) and only 11% of Saskatchewan businesses plan to increase full-time employment (16% nationally). • Insufficient domestic demand remains the main operating challenge (48%), followed by shortage of skilled labour (28%), and management skills, time constraints (23%). • Major cost pressures for small business include: tax, regulatory costs (63%), insurance costs (48%) and wage costs (46%). Another economic indicator of the provincial economy is the number of new vehicle sales – the 2018 second-quarter vehicle sales of 14,557. Statistics Canada noted that Saskatchewan’s unadjusted retail sales in June 2018 increased by 4.3%, THE MOOSE JAW ADVANTAGE > 5
2018 Moose Jaw Economic Outlook In the past several years Moose Jaw has experienced sustained CITY OF MOOSE JAW BUSINESS LICENSES growth in virtually every category: population, building permits, AVERAGE NEW housing starts, investment and job formation. Moose Jaw’s NUMBER BUSINESSES PER economy is lucky to have avoided the kinds of cutbacks being YEAR ISSUED MONTH experienced everywhere else in the province as it does not rely directly on the oil and gas sector. In fact, Moose Jaw’s economy 2009 200 16.7 continues to perform well thanks to vast reserves of high quality 2010 181 15.1 potash and agricultural lands. Moose Jaw’s economy is expected to remain stable in 2018 thanks to companies like AgroCorp 2011 214 17.8 moving its Canadian headquarters to Moose Jaw. World class 2012 185 16.8 companies like CAE, a Montreal based company that provides NATO Flying Training in Moose Jaw at 15 Wing, has helped drive 2013 276 23.0 the local economy recently announcing new contracts and an 2014 216 18.0 extension of the RCAF training to 2023 with an optional one year extension to 2024. Canadian Protein Innovation project is 2015 174 14.5 providing the foundation for continued industrial investment 2016 272 22.7 in the city. Locally fundamentals for growth are expected to continue and the local economy should grow. 2017 256 21.3 The spin off from several world class companies operating in 2018 YTD (June 30) 90 18.4 the Moose Jaw Regina Economic Corridor, such as Mosaic Potash, Yara, Terra Grains and K+S Potash, is helping sustain the vibrancy of the local economy. In fact, Moose Jaw is holding its own. PROJECTS DRIVING Statistics Canada puts Moose Jaw leading the provincial pack MOOSE JAW’S ECONOMY in terms of employment. Several multi-million dollar projects in the area are helping drive According to Stats Canada, in June 2017 the Swift Current the local economy: - Moose Jaw Labour Force Region had one of the lowest • CANADIAN PROTEIN INNOVATION CPI plans to build unemployment rates in the entire country at 4.6 per cent, Saskatchewan’s first wet pea fractionation plant using up from 3.4 per cent a year earlier. yellow cotyledon pea cultivars. CPI has a conditional offer In terms of new business start-ups, 2017 showed a strong to purchase 100 acres in Moose Jaw’s Industrial Park where performance with the average number of new business starts it plans to build a wet pea processing plant. CPI will process at 21.3 average business licenses issued per month. This 100,000 metric tonnes of field peas annually producing continues to be a strong pace for some time indicating renewed protein, starch, inner fibre, and fibre from peeling. The plant confidence in the local economy, contributing to the city’s record will also produce pulp, called wet feed. The company will be high growth in employment numbers recorded in 2017. Last year exporting into Asia and into the US. there were 256 new business starts with net new businesses at • Construction will start 2019 and be operational in 2021. 119 in 2017, with an average of 21.3 business starts per month. The plant will be constructed in two phases with the first phase taking almost 18 months to build, and costing $65M with Phase 2 following within 2-5 years. The first phase will FEBRUARY FEBRUARY CHANGE create 65 operational jobs. The second phase will create an EMPLOYMENT 2017 2016 % additional 45-50 job. These are high paying industrial jobs that will attract skilled workers and their families to Moose Regina CMA* 139,600 2,900 2.10% Jaw. In addition, hundreds of in-direct jobs will be created in agriculture, transportation, hospitality, business services, Saskatoon CMA* 166,800 1,600 1.00% finance and real estate sectors. • This level of capital investment will help sustain the local Moose Jaw CA* 18,800 1,500 8.70% economy through population growth, spin-off business Prince Albert CA* 20,600 -800 -3.70% starts, increased housing activity, lower unemployment and increased consumer spending. Business optimism will *3 month moving average, Statistics Canada improve while smaller local enterprises look to expand and as the number of households they depend on grows. Synergies with CPI’s operations will cause other industrial plants to locate in Moose Jaw. Polytechnics will train ag-industrial workers. 6 > THE MOOSE JAW ADVANTAGE
• K+S POTASH CANADA LEGACY MINE The mine is • CP RAIL SPUR (TO K+S) CP is constructing a located 58 kilometers north of Moose Jaw, near the village multi-million dollar 30-kilometer rail spur from of Bethune. This $4.25B solution potash mine became Belle Plaine to the Legacy site. KPCL was awarded operational in 2017. K+S Potash Canada’s head office is the major grading contract; this is one of the largest earth located in Saskatoon. moving projects in Western Canada with completion K+S, one of Saskatchewan’s Top Employers with hundreds expected by fall 2017. of opportunities, including: industrial mechanics, • CITY OF MOOSE JAW INFRASTRUCTURE A $120M 20- instrumentation mechanics, electricians, pipefitters, welders, year cast iron and infrastructure replacement program and power engineers. Production positions will be of project construction started in 2016. Streets, roads, bridges, interest to those with skills training plus previous industrial sanitary sewer systems and replacement of the pipeline to experience. It is expected that many of these new employees Buffalo Pound Water Treatment Plant ($29.3M) are other will live in Moose Jaw giving them the opportunity to live infrastructure pieces slated for upgrades. close-to-home while working in the resource sector, a big • $27M CIVIC CENTRE PLAZA Is open for business with Phase plus for mine workers who want to remain near family and II construction completed, adding 70,000 square feet of new friends. commercial retail space to local inventory in 2018, including a new Sobey’s liquor store. • SASKPOWER’S NEW $260M DOUBLE-CIRCUIT 230-KILOVOLT TRANSMISSION LINE from Pasqua switching station just east of Moose Jaw to the Swift Current switching station. The power line will be approximately 223 kilometers long and will create 200,000 person hours of work. Replacement of aging power lines and adding a second conductor will increase capacity. Line construction began in 2017. • FARMERS OF NORTH AMERICA’S GENESIS FERTILIZER DISTRIBUTION SUPER CENTRE BELLE PLAINE - $24M The company is building a supercentre with plans to add a fertilizer manufacturing centre in the future. The supercentre is a 52,000 tonne facility to provide area farmers with nitrogen, phosphorus, sulphur, potash micronutrients and various liquid blends. The facility includes state of the art blending capabilities and will be able to load eight Super-B trucks per hour. There are plans to build a railcar load and unload. Genesis has hired Stueve Canada Limited as contractors for the project starting spring 2017. • PROPOSED RICHARDSON INTERNATIONAL $1M FERTILIZER MIXING PLANT The company plans to build a fertilizer mixing plant near Pasqua in 2017. • PROPOSED $140M UPGRADES TO THE BUFFALO POUND WATER PLANT The Cities of Moose Jaw and Regina announced plans to improve and expand the plant over the next ten years; cost of the electrical upgrades is roughly $40 million. The City of Moose Jaw owns a 26% share in the facility while Regina holds 74%. • PROPOSED SASKPOWER COMBINED CYCLE GAS GENERATION FACILITY Moose Jaw Industrial Park is one of two short listed sites for a proposed 350mW - 700mW combined cycle gas generation plant slated for construction by 2022. The locations are Belle Plaine and Moose Jaw Industrial park with the final site selection set for early 2019. The power generation facility will be powered by a new natural gas line and is expected to employ 500 people during The first tonnes of marketable potash arrive in the warehouse at K+S’s construction and 40-60 jobs after. The demand for electricity new Bethune potash mine in Saskatchewan. (photo courtesy of K+S is growing and this plant will help meet that demand. The Potash Canada) combined cycle natural gas plant will be built with the THE MOOSE JAW ADVANTAGE > 7
capacity to use wind power and other renewable sources as • ALTERNATE ENERGY STRATEGY With the heightened they become available. The plant can increase and decrease awareness of the impact of greenhouse gases, depletion of the output fairly quickly and that allows SaskPower to deal oil and gas reserves, increasing dependence on unreliable, with the wind slowing down. The CO2 emissions are half the costly oil supply, and increasing demand for energy, there is rate as a coal fired facility. growing interest in Alternative and Renewable Energy. This • PROPOSED AGROCORP/MACKSUN JOINT VENTURE industry sector has great implications for the 10MW SOLAR FARM SaskPower’s RFP for a 10mW Moose Jaw region with the many advantages relating to solar facility was not awarded to Moose Jaw, however a alternate energy, including solar, wind, geothermal, and subsequent 10mW proposal has been submitted for the Biomass (from our strong agriculture industry). Moose original site. If the alternate proposal to build Saskatchewan’s Jaw and region are committed to sustainability and have first solar farm on the west side of the city is successful then identified a need for economic development strategies construction could start in the summer of 2019. to take advantage of this alternate energy cluster strategy through the engagement of industry. This will ensure • PROPOSED ENBRIDGE LINE 3 REPLACEMENT PIPELINE growing opportunities are realized. The Organization for In late 2016, the Prime Minister announced approval of Economic Cooperation and Development (OECD) defines both the Enbridge Line 3 Replacement and Kindermorgan’s clusters as “production networks of highly interdependent TransGas Mountain Expansion. The Line 3 Replacement businesses (including specialized providers), united to Pipeline will run northwest of Regina with potential for spin- each other in a production chain that adds value.” By off to Moose Jaw during the construction of 1,073 kilometers working together to overcome barriers, it makes it easier for of pipeline which will replace the majority of Line 3 crude oil businesses and government to unite efforts and resources pipeline, and to decommission the majority of the existing to achieve common vision and objectives relating to Line 3 from Hardisty, Alberta to Gretna, Manitoba. alternate and renewable energy opportunities. Moose Jaw • PROPOSED KEYSTONE XL PIPELINE TransCanada has many strengths relating to an alternate energy business application its $8B Keystone XL pipeline was approved by environment. the US President but still requires several state-level permits before construction can begin. This pipeline will ship Alberta oil sands production into the US and use pipe manufactured by Evraz in Regina. The project is estimated to create 2,200 jobs during the construction phase – a win for both countries. TransCanada is one of the continent’s largest providers of gas storage and is developing one of North America’s largest liquid delivery systems. 8 > THE MOOSE JAW ADVANTAGE
Dr. F. H. Wigmore Regional Hospital, Moose Jaw. Moose Jaw's Competitive Advantage The Conference Board of Canada says that Saskatchewan NATO FLYING TRAINING (NFTC) CANADIAN FORCES has the lowest net business tax burden among the provinces. BASE 15 Wing Moose Jaw is home to the world-class NATO The report notes that Saskatchewan’s corporate income tax Flying Training in Canada (NFTC). CAE, a simulation-training- rates are not the lowest in the country, but if payroll taxes, system company, provides flight simulation training and the Air social security contributions and property taxes are included, Force trains high-quality pilots on behalf of the NATO Alliance then Saskatchewan’s ranking improves. Also the government representing dozens of countries from around the world. CAE is offers some subsidy programs for business that make the tax the prime contractor responsible for the NFTC program which system competitive for business owners. Saskatchewan is also involves base facilities, delivering ground-school classroom and among the provinces with the lowest provincial personal tax simulator training, and support of live flying training. burden ratios. CITY OWNED LAND FOR SALE MOOSE JAW BEST PLACE TO DO BUSINESS In 2016, Canadian Business and profitguide.com jointly published Canada’s “Best • NEW MOOSE JAW INDUSTRIAL PARK The City of Places to Do Business” ranking ninth from the top. Moose Jaw Moose Jaw is attracting the attention of global companies was also identified as one of the Top Ten Business Friendly Places. interested in building Ag and other types of processing and distribution facilities within its new industrial park located Intensified cropping and livestock production in the area are in the southeast quadrant of the city. The City is looking attracting ag-processing related development. Seed processing for buyers who want serviced industrial land with access to plants have recently opened and are taking advantage of pulse water, sewer, waste water treatment, power, gas, road and rail crops grown in the area. Moose Jaw is a major agricultural infrastructure. The City has over 700 acres for sale. equipment supplier and service centre supporting a strong and growing agricultural sector. The new industrial park is situated next to a national railway and Trans-Canada Highways ideal for export of products Moose Jaw ranks high by site selectors due to access to east, west and south. The industrial park is located in the highways, rail, power, gas, water, communications, and a trained SE quadrant of the city, near the waste water treatment workforce. Moose Jaw is growth-focused with aggressive tax plant, lagoons, and effluent irrigation. This is the type of policies to attract investment capital. Moose Jaw serves as the infrastructure is attractive to wet processing plants. western anchor to the Moose Jaw-Regina Economic Corridor, one of the largest economic regions in the province. The Corridor accounts for 20 per cent of Saskatchewan’s GDP and 24 per cent of its population. VAST RESERVES OF POTASH The world wants more potash and the Moose Jaw area has large reserves of high quality potash. Potash projects need a proven deposit, political stability in the area and solid infrastructure. Saskatchewan is now the world’s most attractive jurisdiction in the world for mining. AGRICULTURE The area showcases some of most productive lands on the planet, helping drive the local economy. Saskatchewan exported 84% of Canada’s lentil exports, and 75% of Canada’s pea exports among others. THE MOOSE JAW ADVANTAGE > 9
• GRAYSON BUSINESS PARK Grayson Business HIG Park has the largest HIG HW AY # 1 HW inventory of serviced HAU LTAIN AY #1 D RIVE commercially-zoned Dr. F. H. Wigmore properties (C-3) for sale. Regional Hospital Drivenbaker The City of Moose Jaw has DIE r Drivenbake iefe FEN several of 0.5 to 1.6 acre LEGEND BA 163 D KER ve ker e D ie f DR D r i fenb a parcels for sale, ranging Lots for Development IV E r 179 ve ke D ie Lots for Sale D r i fenb a in price from $120,000 to 195 Other Lots e r D ie ve ak ad $273,000. These lots are D r i fenb 211 c y Ro r ke ie d ba Ro a 7D a build-ready with sewer, en 73 Tr 22 iD ef rive ac y o ad 3 D ker r 24 69 T cy R water, storm sewer, fire nb a d ieferive ra Ro a D 65 T TRAC 259 D hydrants, natural gas, er ac y Y RO AD b ak r fen 61 T d DieDrive oa power, and curbs with 5 yR 2 7 HIGHLAND ROAD c Tra o ad ker heavy haul asphalt streets. enb a 57 52 Highland Road r a cy R Dief 291 Drive T 53 LANCASTER ROAD As an incentive, the City o ad ac y R provides the purchaser 46 Highland Road 51 Chester 50 Tracy Road Road 49 Tr 50 Chester Road with an Environmental 47 Chester Road 46 Tracy Road 45 Trac y Ro ad Phase 1 and Commercial 46 Chester Road 43 Chester 42 Tracy CHESTER ROAD Road Road 41 Tracy Road 5-year Property Tax Phase 40 Highland Road 39 Chester 38 Tracy In (excludes land). The 40 Chester Road Road Road 37 Tracy Road 34 Highland Road 35 Chester 34 Tracy detailed map identifies Road Road 24 acres of potential land 34 Chester Road development within 28 Chester Road RIDDELL LANE Grayson park. Lots can be purchased individually or as larger parcels to suit a development. 2018 GRAYSON BUSINESS PARK PRICE LIST LEGAL DESCRIPTION PRICE BLOCK LOT PLAN CIVIC ADDRESS ACRES (EXCL. GST) STATUS 3 2 102005367 163 Diefenbaker Drive 1.05 $ 273,000.00 Available 3 3 102005367 179 Diefenbaker Drive 0.96 $ 249,600.00 Available 3 4 102005367 195 Diefenbaker Drive 0.98 $ 254,800.00 Available 3 5 102005367 211 Diefenbaker Drive 0.99 $ 257,400.00 Available 3 6 102005367 227 Diefenbaker Drive 0.95 $ 247,000.00 Available 3 7 102005367 243 Diefenbaker Drive 0.90 $ 234,000.00 Available 3 8 102005367 259 Diefenbaker Drive 0.86 $ 223,600.00 Available 3 9 102005367 275 Diefenbaker Drive 0.87 $ 226,200.00 Available 3 10 102005367 291 Diefenbaker Drive 0.87 $ 226,200.00 Available 2 10 81MJ08260 52 Highland Road 1.30 $ 212,270.90 Available 2 11 81MJ08261 46 Highland Road 1.21 $ 197,981.84 Available 2 13 81MJ08260 34 Highland Road 1.27 $ 207,624.38 Available There remain 24 acres of available land in the Grayson Business Park with various parcel sizes available for development. 10 > THE MOOSE JAW ADVANTAGE
TRUCKING DISTRIBUTION CENTRE Major all weather SKILLED AND EDUCATED WORKFORCE Moose Jaw has a highways provide a fast and safe way of transporting freight higher percentage of people (47.8%) who have post secondary with three-day trucking service to Montreal, Toronto, and certificates, diplomas or degrees compared to the province the eastern seaboard, and two-day service to Vancouver and (46.5%). The city has more people with apprenticeship or trades Chicago, with overnight service to Edmonton, Winnipeg, Calgary, certificates and college certificates than the province but a lower and Minneapolis. Saskatchewan follows the central time zone percentage (10.25%) with bachelor degrees and above bachelor year round. degrees compared to the province (15.17%). Saskatchewan Polytechnic Moose Jaw Campus is a technical and trade college training skilled workers for the local and provincial labour markets. Moose Jaw Palliser Campus graduates are highly trained in the areas of Engineering Technologies, Building Trades, and Business Administration. Other programs such as Food Services, Adult Basic Education and English as a Second Language are also offered. POWER, NATURAL GAS AND infiNET SERVICES The Crown Investment Corporation (CIC) oversees key utilities, including Sask Power, Sask Tel, Sask Energy and Sask Water. Moose Jaw is Saskatchewan’s first city with a fiber optics with all homes hooked up to infiNet network and business-grade infiNet services – Static IP and Business Connect – to business customers in Moose Jaw’s downtown core offering speeds up to 260 Mbps. RAIL TERMINAL OF Findlater Silton NATIONAL SIGNIFICANCE 354 Buena Vista 20 641 Moose Jaw is serviced by two 99 national railways. Proximity to 354 54 322 the United States makes the South Lake Craven Moose Jaw vital to both the 642 Sun Valley 11 322 Canadian Pacific Rail (CPR) Disley and Canadian National (CN): 42 642 Moose Jaw is Saskatchewan Tuxford headquarters for the CPR 734 202 and its railway terminus of the Soo Line, a direct link to 641 Minneapolis and Chicago. CPR has its largest main-line 301 730 Regina Grand Coulee refueling facility in Moose 1 Belle Plaine Pense Jaw and trains run 24/7, with 735 Moose Jaw 1 between 30 and 38 trains 301 through Moose Jaw each day. 363 Drinkwater 339 39 Rouleau 714 2 718 Briercrest 339 Wilcox 36 715 334 334 334 715 334 Milestone THE MOOSE JAW ADVANTAGE > 11
MOOSE JAW-REGINA ECONOMIC CORRIDOR Most industrial CITY COMMERCIAL AND INDUSTRIAL TAX PHASE-IN investment has taken place in the Corridor within the rural The City of Moose Jaw provides a five year property tax municipalities nearest the villages of Belle Plaine and Bethune. phase-in to new builds or expansions. The exemption is International heavy industrial giants have the capacity to locate applied to the increased assessed value resulting from anywhere in the world but are attracted to the Corridor by its construction, as follows: 100% Year 1; 80 % Year 2; 60% Year many assets, including rail and highway infrastructure, major 3; 40% Year 2; and 20% Year 5. pipelines delivering natural gas and oil, wide open spaces CITY JOB CREATION INCENTIVE Eligible sectors can distanced from urban population, a sustainable supply of water, receive a five year property tax phase-in (sliding scale and proximity to a large workforce. Plentiful reserves of high based on the number of jobs created). For example, a quality potash, low cost natural gas and grain crops (for ethanol company creating more than 60 new jobs in manufacturing production) are reasons these companies exist here. or processing, transportation/warehousing distribution or communications and research sectors can receive a five-year Marquis Buffalo Pound 100% property tax exemption(excluding land). Provincial Park Tuxford Other property tax incentives are available for: CITY HERITAGE, RE-USE OF AN EXISTING BUILDING; Caronport Rural Municipality Rural Municipality LIVING OVER SHOPS; REPLACEMENT HOUSING/ of Moose Jaw of Pense Grand Coulee Regina VACANT LOT IN-FILL INCENTIVE; AND GRAYSON 1 Pense ortlach Belle Plaine BUSINESS PARK (Environmental Phase I). Moose Jaw DOR CORRI -R EGINA 1 MOOS E JAW Rural Municipality JOB GRANTS PROGRAM (CSJG) This program provides Drinkwater of Sherwood financial assistance to Saskatchewan employers to help workers get the training needed for available jobs. Through this program, employers and government partner to fund training that will Rouleau provide individuals with the skills needed by employers in Briercrest today’s workplace. The Canada Job Grant will allocate up to $15,000 for training per prospective employee (up to $5,000 by the employer with half allowed in the form of in-kind wages and up to $10,000 by government) to a maximum of $250,000 yearly. Avonlea This is an Employer-Driven Program which means the employer must: Decide what training is required; Select the candidates; Mossbank Choose a third party trainer and contract directly for training Economic Corridor (K+S Potash Mine is located north of (minimum of 25 hours); Have a job available for the trainee at Buffalo Pound Provincial Park). the end of the training; and Contribute minimum one-third of INVESTMENT TAX INCENTIVES Saskatchewan offers a variety eligible training costs; includes tuition, student fees, textbooks, of advantages to manufacturers, including Corporate Income Tax software, examinations. Note: Small employers with less than 50 rate as low as 10 per cent (depending on the type of operation), employees may apply trainee wages towards a portion of their no Corporate Capital Tax, a 6 per cent refundable tax credit for in-kind contribution. investment in manufacturing and processing equipment and COMPETITIVE TAX RATES Moose Jaw has the lowest per capita facilities, and the ability to use 100 per cent of eligible Research tax rate in all of the province. The city is the second lowest for and Development expenses against net income for the purpose residential taxation and the sixth lowest for commercial taxation of calculating federal tax credits. amongst Saskatchewan cities. MOOSE JAW AREA HEAVY INDUSTRIAL PLANTS – WORKFORCE EMPLOYEES(F/T Permanent) + Contract Workers FORECAST (2017-2020) 2013 2005 Mosaic Potash 260 + 400 contractors = 660 260 + Est. 400 contractors = 660 346 Yara Belle Plaine Inc. 152* 152 140 Terra Grains 52 52 - Alpine Plant Foods 10 10 - Canadian Salt 45 45 45 K+S Potash Canada 325 + 300 contractors = 625 67 +400 contractors = 467 - FNA’s Proposed $1.7B new nitrogen fertilizer plant 170 - - Total 1,714 1386 (919 at Belle Plaine ) 539 12 > THE MOOSE JAW ADVANTAGE
Sector Overview SASKATCHEWAN WAS NAMED THE WORLD’S MOST ATTRACTIVE PLACE TO INVEST IN MINING BY THE FRASER INSTITUTE ANNUAL SURVEY OF MINING COMPANIES Saskatchewan ranked No. 1 out of 104 jurisdictions in their investment attraction index, up from No. 2 in 2016 thanks consistent, transparent regulations, a world class ore body and highly skilled workforce help to make companies like Mosaic potash mine one of the most competitive in North America. To competitive tax regimes and efficient permitting procedures and certainty around environmental regulations and land claims. The province has maintained a stable royalty structure over the last number of years, supported by clear government policies. MINING AND HEAVY INDUSTRIAL POTASH Saskatchewan has the largest high-grade reserves of YARA INTERNATIONAL The largest producer of granular urea potash in the world. Potash was Canada’s leading mineral by in North America, this Norwegian-based company owns and value of mineral production and Saskatchewan accounts for operates a world-scale nitrogen production facility supporting more than 90 per cent of Canadian potash production from the world’s ever-rising demand for food. The Belle Plaine plant eight conventional and two solution mines. Mosaic Potash has two main operating units, the urea plant and the ammonia Corporation and K+S, with two mines located near Moose Jaw, plant producing 700 tonnes of UAN a day (nitric acid is a key have invested over $18 billion in the past eight years in adding component of this liquid fertilizer). Yara also produces roughly capacity with more investment planned until 2028. The Fraser 1.1 million tonnes of urea per annum. Institute gas called Saskatchewan, “the most attractive area for The Company’s previous plans announced in 2012 for a $2 mining investors in the world.” billion expansion were postponed due to the high cost of Longer term potash production is expected to rebound as the construction. Should that project proceed in the future it could industry continues to expand capacity to meet farmer demand add approximately 100 new high quality permanent jobs to its as lower priced potash becomes more robust. Demand for current 130-person workforce. agricultural commodities will only increase because millions of people around the globe will keep on eating. Although there have been short term challenges, global population growth means the demand for food will rise in the long term. K+S POTASH CANADA – LEGACY MINE Construction of Saskatchewan’s first greenfield potash mine in four decades is cause for celebration. The mine is located 58 kilometers north of Moose Jaw, near the village of Bethune. The $4.25 billion solution potash mine site is now operational employing about 350 people. Annual production is expected to be 2 million tonnes in 2017, ramping up to 2.86 million tonnes by 2023 and four million tonnes by 2034. K+S Potash Canada Legacy Mine’s parent company is K+S Group of Kassel, Germany, Europe’s leading potash company and the fifth largest potash producer in Yara Belle Plaine Inc. the world. The company says the Canadian Legacy Project is an important corporate strategy for global competitiveness. TERRA GRAIN FUELS The ethanol plant opened in 2008 MOSAIC BELLE PLAINE The company’s Belle Plaine solution and operates 24 hours a day, seven days a week. The ethanol mine east of Moose Jaw has approximately 300 employees with plant uses leading edge technologies, including world-class roughly 60 per cent live in Moose Jaw. Mosaic’s operational quality control on all of the biofuel products produced. The capacity has increased from 9.3 to over 10.7 million tonnes per plant employs about 45 workers. Terra Grain Fuels purchases year, offset by lower prices”. approximately 15 million bushels of wheat from farmers within a radius of 160 kilometers of the plant every year. The plant CANADIAN SALT COMPANY LTD. The parent company is K+S produces 150 million litres of ethanol and 160,000 tonnes of operating the Belle Plaine plant, one of the largest producers dried distiller’s grain annually. In the past the plant has been of commercial and industrial salt in the North America. The challenged by high feedstock costs and lower ethanol prices. company is primarily focused on the production of agriculture salt in the form of salt blocks for livestock, food grade salt, ALPINE PLANT FOODS Alpine Plant Foods is the Canadian industrial salt for de-icing roads, and salt for water softeners. The leader in seed placed liquid fertilizer with manufacturing Windsor Salt name is the company brand name for salt product facilities located near Belle Plaine. Alpine has established itself sold in Canada. as the leader in the liquid fertilizer business in Canada. The THE MOOSE JAW ADVANTAGE > 13
company has significant investment in research and development, new technology and uses a leading manufacturing process. MOOSE JAW REFINERY Gibson Energy operates its local plant and markets a variety of petroleum derived products including several grades of road asphalt and is a leading supplier of roofing flux. Gibson Energy purchased the plant in 2002, and at that time it produced between 8,000-9,000 barrels per day and was operational for only five months. Today it operates year-round producing 18,500 barrels a day over 340 days. Recently the company announced an expansion that will improve production efficiencies and output. Alpine Plant Foods. Agriculture in the Heartland Canada is the world’s fifth-largest agricultural exporter at Saskatchewan is centrally located and connected to world $56 billion annually or 5.7 per cent of global agricultural trade. logistics systems that allow Saskatchewan products to be Canada was the top exporter of wheat, canola, lentils, and exported worldwide. canary seed in 2015. SASKATCHEWAN GROWS: In 2017, Saskatchewan agriculture exports were the fourth • 6.2 million tonnes (about 86% of Canada’s durum and 34% largest on record with total sales of $13.6 billion to 143 different of the world supply) countries. Agriculture exports have increased more than 60 per cent since 2010. Saskatchewan agri-food exports are a • 9.8 million tonnes (about 52% of Canada’s canola and 34% cornerstone of the province’s trade-based economy, accounting of the world supply) for almost half of total exports. Saskatchewan is home to over 40 • 2.7 million tonnes on record 5.8 million seeded acres per cent of Canada’s cultivated farmland and is a world leader in (about 90% of Canada’s lentils and 62% of the world supply) the supply of consistent, high-quality products required by the SASKATCHEWAN GROWS (APPROXIMATELY): world’s fastest growing countries. • 99% of Canada’s chickpeas Exports In the province’s key sectors (oilseeds, pulses, cereal grains and edible oils) total more than $1.6 billion each. • 90% of Canada’s lentils Saskatchewan markets are highly diversified, with exports • 65% of Canada’s dry peas and 57% of the world supply of more than $200 million to each of 12 different countries, including the Unites States, China, Japan, Mexico and India. • 82% of Canada’s flaxseed and 28% of the world supply Saskatchewan is committed to supporting the expansion • 78% of Canada’s durum and development of industries In the province, from primary • 72% of Canada’s mustard seed and 41% of the world supply production to the export and marketing of value-added Saskatchewan has 35,000 farms and in 2017 these agricultural products. Our province Is particularly well-suited for the producers generated $14 billion dollars in gross farm sales, which production of numerous agricultural commodities thanks to a represents 20 per cent of Saskatchewan’s GDP. Over 60 million combination of: acres of farmland in Saskatchewan represent 40 per cent of total • Our natural advantages; farmlands in Canada. Agriculture is big business in Saskatchewan • Our skilled and innovative producers; and and accounts for over 1/3 of Saskatchewan’s total exports. Saskatchewan’s average total crop production is around 29 • Our world class agricultural research and million tonnes. (2013 was a record breaking year recording 38.4 development facilities. million tonnes of crop production). SASKATCHEWAN IS THE WORLD’S LEADING EXPORTER OF: In the past ten years farm income grew by roughly $20 billion • dry peas, lentils, durum, mustard seed, canola seed, canola oil, at the national level experiencing some tremendous growth. canola meal, canary seed, oats Farm incomes are projected to level out with farm cash receipts toughly in line with the record year of 2015. 14 > THE MOOSE JAW ADVANTAGE
Farmers are concerned carbon pricing could increase cost of followed by green peas and then specialty types such as dun, inputs like fuel and fertilizer; as well as outputs, if companies maple, marrowfat, and forage peas. that buy grain pass along their carbon tax to farmers. According The advantages of growing lentils were hard to ignore and this to Agriculture Canada, 10 per cent of Canada’s greenhouse new thinking started an agricultural revolution in Saskatchewan. emissions are from crop and livestock production - carbon Pulses’ unique properties make them a valuable replacement for dioxide is released during soil cultivation, and methane is summer fallow, traditionally a vital part of prairie crop rotation. associated with cattle manure. By seeding lentils into wheat stubble, producers replenish MOOSE JAW THE HEARTLAND OF THE PRAIRIES diminished nutrients fixing nitrogen back into the soil. Local growers are producing both good quality and quantity Consumers seek products with no gluten or genetically modified crops given the 110 frost-free growing days and annual rainfall ingredients. Pulses can be processed into fibre, flour starch and of 12 inches per year. This area is known for its high quality protein concentrates. Plant protein is now added to breakfast milling wheat, durum, canola and pulse crops. The Moose Jaw cereals and other snacks as health conscious consumers seek area is a dominant player in the world trade of pulse crops, such products with no gluten or genetically modified ingredients. as peas, lentils and beans. Saskatchewan, Alberta, Manitoba Many of the major food companies, such as General Mills Inc., plus six northern U.S. states – no place on the globe can Fritolay Inc., Kraft Foods Group Inc., and Unilever Plc., have produce as much plant protein. Demand is growing for the launched new products that contain pulses. The demand high-protein legumes known as pulses for which Moose Jaw for protein-packed products using pulses is being added has become known. to everything from Triscuits to Cheerios. Popcorn is dusted FARMLAND CREATING WEALTH A Farm Credit Corporation with dehydrated vegetables and fruit and potato chips with (FCC) Report showed Saskatchewan had double digit year a vegetable serving in each bag. This trend will continue to over year land price increases since 2011 (22.9 per cent in 2011; increase processing and export of locally grown dried peas, 19.7 per cent in 2012; 28.5 per cent in 2013, and 18.7 per cent lentils and beans. in 2014). While 2015 land prices saw increases, land in almost Saskatchewan’s top three export destinations include United half the province remained the same or decreased slightly. The States, China, and India. Canada has about 12,000 pulse farmers land in areas where lentils are grown increased the most. FCC’s exporting $1.1 billion in peas and lentils to India in 2016, a economist predicts a modest land value increase of between country where vegetarians eat legumes at almost every meal. two and four per cent in 2016. Saskatchewan Pulse Growers says India is one of its largest PULSE CROPS Plant Protein Demand is growing for high- markets growing by 20 per cent a year between 2010 and protein legumes known as pulses, a major type of crop grown 2015, and accounting for about one third of all pulses exported around the world, including lentils, peas, chickpeas, and some in Canada. These are protein-rich crops are also popular in types of beans, such as faba bean, dry bean and soybean. Thirty- the Middle East, where eating meat is either unaffordable or five years ago Saskatchewan farmers knew little about pulses religiously forbidden, where lentils are the protein of choice. let alone how to grow them. In 1981, Saskatchewan farmers A recent regulation may put India off limits to Canadian pea and grew about 85,000 acres of lentils. Within a decade this number lentil exports as the Indian government will require crops to be increased to 450,000 acres and in 2016 hit a record 5.3 million fumigated, The Canadian Food Agency is working on a long- acres seeded in pulses. Today Saskatchewan produces about 50 term solution. per cent of the world’s lentils and 50 per cent of the world’s peas. Yellow peas are the most widely grown peas in Saskatchewan Pea field THE MOOSE JAW ADVANTAGE > 15
Processing and Manufacturing AG-VALUE ADDED PROCESSING New and expanding ag- value added seed processing plants are helping prime the local economy. Greg Simpson, President and CEO of Simpson Seeds Inc. said, “The future is bright for agriculture. The world population has exploded and all these people need food.” CANADIAN PROTEIN INNOVATION CPI plans to build Saskatchewan’s first wet pea fractionation plant using both yellow cotyledon pea cultivars in the new Industrial Park. CPI will purchase 100 acres in the Moose Jaw Industrial Park to build a $100M wet pea processing plant. Construction has been delayed but is planned to start in 2019 and be operational fall of 2021. The first phase will cost $65M and create 65 operational jobs. The second phase will cost $35M+ and create an additional 45-50 jobs. CPI will process pea protein concentrate, starch and fibre and will be exporting into Asia via Vancouver to Asia and into the US. CPI will process 100,000 metric tonnes of field peas annually. SIMPSON SEEDS is a major pulse processing plant in Moose Jaw exporting globally and is one of Canada’s Best Managed Companies. The company processes and exports Viterra specialty crops and selected seeds after buying from farmers throughout Saskatchewan. VITERRA GRAIN TERMINAL formerly the Canadian government grain elevator is one of Viterra’s largest facilities with licensed storage capacity of 157,000 metric tonnes and service capacity of 112 rail cars. This facility is ranked as one of the top four in Western Canada. AgroCorp International in Canada. AgroCorp is a commodity trading company with a footprint across the globe and head office in Singapore. The company has expanded its $10M processing plant in Moose Jaw by 150% since opening in 2013. The plant processes pulse crops for export. The company’s Canadian Head Office was relocated to Moose Jaw in 2016. CWB STATE OF THE ART HIGH THROUGH PUT GRAIN ELEVATOR PASQUA (located 10 kilometers east of Moose Jaw). This is a 42,000 metric tonnes of storage facility with 134 car loop track and cleaning facilities open in 2016 creating approximately 30 jobs. The new facility is in a prime location in the middle of a Simpson Seeds Inc. high production land. The company has the ability to ship grain east, west and south and is expected to intensify grain handling AGROCORP INTERNATIONAL AgroCorp International is a competition in the market. trading powerhouse in the Asia-Pacific region handling 1.5 FARMERS OF NORTH AMERICA’S GENESIS FERTILIZER million tonnes of grains shipped to India, Bangladesh, Pakistan, DISTRIBUTION SUPER CENTRE BELLE PLAINE - $22M This Sri-Lanka, Indonesia, Vietnam, Malaysia, China and the Middle is a 50,000 tonne facility to provide area farmers with nitrogen, East. The company does about $250 million of its $2 billion trade phosphorus, sulphur, potash micronutrients and various liquid 16 > THE MOOSE JAW ADVANTAGE
blends. The facility will be able to load eight Super-B trucks per hour. “The urea bin alone is 20,000 tonnes”, says Terry Drabiuk, VP of Business Development with AgraCity Crop & Nutrition, the commercial arm of FNA, “and service an 300 kilometers radius (LP Jan 2016). The company long term goal is to build a nitrogen fertilizer manufacturing facility ($2.2B) on the same Belle Plaine site. This project would create 1900 construction jobs and 170 positions to operate the plant. This location has access to natural gas, power supply, water supply and infrastructure – roads and rail. ILTA’S GRAIN PROCESSING-PLANT FOR SPECIALTY CROPS (EST. $20M) The company has built a new processing plant located at Belle Plaine site. The project includes a $5M rail spur. LIVESTOCK PROCESSING Saskatchewan accommodates 6 million hectares of pastureland, home to 30% of the cowherd in Canada. Saskatchewan’s cattle herd is the second largest in the country at 2.715 million head (July 2015). Heartland Livestock and JGL Livestock are examples of two companies who have put Moose Jaw on the map, buying, selling and finishing cattle. Existing beef feedlots and finishing facilities provide economic spin-offs to the region. The province’s hog industry is thriving with over $228 million annually in revenues. Hog are benefiting from a strong pork demand from China. Saskatchewan markets 8 per cent of all hogs in Canada, around 2.1 million hogs every year, but still has one of the lowest concentrations of pigs per square mile of arable farmland in the world at 16.6. This compares to Alberta at 41.3 hogs per square mile, Manitoba at 142.7 while Iowa records 457.3 hogs per square mile. Although the XL Beef processing plant has remained closed for MOOSE JAW’S THUNDER CREEK PORK PLANT, owned by several years, local stakeholders hope to see it re-open one day. Donald’s Fine Foods, opened in 2011 and is processing provincial LOCAL FARMERS MARKETS Farmer’s Markets across Canada hogs for export. It is the only hog packing plant in the province, are seeing significant increases in sales, and the future looks processing up to 6,000 hogs a week. The company is a major bright as their economic impact exceeds $5 billion nationally. employer with approximately 200 workers creating significant Even with higher price points, the farmers’ market movement economic spin-off to the city and province. Labour shortages in is making inroads. Farmers markets are generating economic the slaughtering and processing sector are especially hard hit growth for local economies and giving consumers localization by the changes, have been exacerbated following the federal of foods, organic foods and that agrarian connection that they government 2015 cap on the number of new foreign workers desire. And consumers are willing to pay more. During the that companies can hire. Discussions are taking place with the summer, the Moose Jaw Farmers’ Markets attracts a steady provincial government to help solve this labour challenge. stream of visitors to its downtown. THE MOOSE JAW ADVANTAGE > 17
Manufacturing Locally, this sector includes a diverse production of goods, CANADIAN MANUFACTURING GRANTS also Include such as: farm equipment, transportation equipment, trailers, Industrial Research Assistance Program (IRAP) that assists petroleum products, glass beads for industrial use, asphalt and manufacturers to overcome technical challenges by reducing concrete batch plants, gravel pits, clothing, jewelry, etc. the payroll cost of employees and contractors. Other grants OIL REFINERY Moose Jaw Refinery is a petroleum processing include CanExport, SD Tech Fund and Hiring Grants to name plant that produces products for asphalt road construction a few. and roofing flux for asphalt shingle industry, along with other SASKATCHEWAN MANUFACTURING AND PROCESSING products used in the oil and gas sector. TAX INCENTIVE The Province has introduced two new non- CANADIAN MANUFACTURING 10-YEAR INCENTIVE refundable tax credits to eligible manufacturing and processing provides manufacturers with a ten-year tax incentive to boost corporations. To be eligible the company must: productivity-enhancing investment by providing an accelerated I. Expand the number of M&P full time employees above the capital cost allowance (CCA) at a rate of 50 per cent on a number employed in 2014. The incentive offers tax credits of declining-balance basis for machinery and equipment used $3,000 in respect to each incremental full-time employee for in manufacturing and processing. This is a substantially faster each of the 2015 through 2019 taxation years, and/or write-off than the standard 30 per cent rate, allowing businesses II. Expand the number of full time employees who primarily to defer taxes and recover the cost of their capital investments conduct activities typically considered “head office” functions, more rapidly. The measure will apply to capital assets acquired such as strategic planning, marketing, legal, finance, IT, HR, after 2015 and before 2026. New investments will help position procurement, and communications. This portion of the them to meet both present and future economic challenges, incentive offers $10,000 in respect to each incremental full- while creating jobs and growth. The ten-year term will provide time “head office” employee for each of the 2015 through businesses with more planning certainty for larger, long-term 2019 taxation years. To qualify the company must have a projects. minimum of 10 employees with a payroll over $1 million and demonstrate a 20 per cent increase over the 2014 base level of employment. Transportation & Warehousing RAIL Moose Jaw is the hub of two national railways: Canadian truck weight has increased to 63,500 kg up from 62,500 kg. Pacific Railway and the Canadian National Railway and terminus Longer aerodynamic devices attached to trucks to improve of Soo-Line, a direct link to Minneapolis and Chicago. Moose Jaw fuel efficiency. These changes lower costs and allow for more is the largest main-line refueling facility on CPR’s North American efficient movement of products across provincial border making Network. Saskatchewan exporters more competitive. Moose Jaw serves on the north-south traffic route for Corridor’s The Canadian Trucking Alliance says the industry is facing a giant Global Transportation Hub which feeds materials east and looming labour shortage that could reach 48,000 drivers by 2024. west, and to and from the United States. The average truck driver is over 47 and almost 30 per cent of the TRUCKING Moose Jaw has experienced significant growth in driving force is over 55 years. The report says the average salary its trucking sector as a prime distribution hub. Moose Jaw is of a truck driver in 2011 was $40,728 but long haul truck drivers located halfway between Calgary and Winnipeg on the Trans- can easily make $70,000-$80,000 a year, providing excellent Canada Highway. Highway #39 connects Moose Jaw to major career opportunities. U.S. markets. The city is home to several large trucking firms shipping products across North America. Some local carrier companies include: Roberge Transport Inc., Favel Transportation Inc., Rockport Carrier Co. Ltd, Norcan Industries Ltd., and Gibson International Carriers. Companies like DD Truck & Trailer Repair, Golden West Trailers & Equipment, Southern Semi-Services, 18 Wheel Car Wash, Roberge Truck Wash, Super ‘B’ Truck and RV Wash Ltd service the local trucking industry. Recent changes to the vehicle weights and dimensions regulations include increasing the length of the B-train double trailer truck combinations from 26 to 27.5 meters. The maximum 18 > THE MOOSE JAW ADVANTAGE
You can also read