The Right Place. The Right Time.
Take advantage of Saskatchewan’s resources, and put your business in the heart of the Boom.
Why Saskatchewan? Why Horizon Energy Park?
Saskatchewan will lead the growth in Western Canada
- Forecasters predict Saskatchewan will lead Canada in economic growth this year.
- Saskatchewan has the most diverse key resource centre nationwide, with an anticipated 11% increase in oil & gas drilling – the highest in the country.
- It’s one of the few jurisdictions in the world to produce natural gas, crude oil, biofuels, geothermal, wind and hydro power, accounting for a third of Canada’s primary energy production.
- It is also the world’s leading supplier of uranium, with 80% of it being exported globally, and 6% responsible for electricity in the United States.
- Saskatchewan is a storehouse of natural resources, and offers some of the most reasonable utility rates in North America.
- Saskatchewan has consistently ranked in the top 10 jurisdictions as the most attractive for investment in petroleum exploration and evelopment – for the past five years.
- As one of the top 5 small reserve holder jurisdictions, Saskatchewan is ranked #2 within Canada.
- Named “Best in Canada” 2011 for Oil & Gas Investment*, this efficient & competitive province provides a steady economic environment that greatly supports business and commerce.
- With over $100 billion in expected major capital projects over the ten years**, Saskatchewan offers exceptional infrastructure with ongoing government investment.
- There are no payroll taxes or health benefit charges, allowing the focus to be on new capital investment.
- The first $500, 000 of business income receives a low 2% income tax rate, plus provincial municipalities can offer flexible five-year property tax abatements.
- Saskatchewan has one of the strongest job markets in the country, with both a positive in-migration and the largest percentage of workers under 24 years of age – creating a well-rounded, educated, trained and energetic worker demographic.
- Drilling applications are processed quickly and as such, efficient regulations encourage investment.
- Saskatchewan remains strongly opposed to the carbon tax, which is a positive sign for investors.