regina economic profile

Regina Economic Profile

The Regina AdvantageMay 2016

2 | The Regina Advantage

| Table of Contents

Community Profile . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

The Regina Advantage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Location . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Regional Collaboration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

Regina CMA Key Economic Indicators . . . . . . . . . . . . . . . . . . . 19

Corporate Tax Rates and Incentives . . . . . . . . . . . . . . . . . . . . . 23

Regina Municipal Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

Regina CMA Demographics . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

Availability of Skilled Labour . . . . . . . . . . . . . . . . . . . . . . . . . . . 29

Top Employers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32

Education, Training, and Research . . . . . . . . . . . . . . . . . . . . . . 33

Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38

Advanced ICT Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39

This Regina Regional Economic Profile outlines the key economic indicators about the city of Regina, our region, and the province of Saskatchewan as an attractive destination for investment .

It also reveals a region with a high quality of life, full of venues and attractions for business and recreational tourists .


| Community Profile

City Vision

The City of Regina adopted its Official Community Plan, Design Regina, in 2013 providing a vision for growth that will see the city grow to a projected population of 300,000 by 2040 . In order to support a solid foundation for this plan, the city also decided upon a set of community priorities, which give direction to the goals of the plan and the policies that will lead to their achievement:

• Developcompleteneighbourhoods

• Embracebuiltheritage,andinvestinarts,culture,sport,andrecreation

• Supporttheavailabilityofdiversehousingoptions

• Createbetter,moreactivewaysofgettingaround

• Promoteconservation,stewardshipandenvironmentalsustainability

• Achievelong-termfinancialviability

• Fostereconomicprosperity

• Optimizeregionalcooperation

“Regina will be Canada’s most vibrant, inclusive, attractive, sustainable community, where people live in harmony and thrive in opportunity .”

-DesignRegina


| Community Profile

The Regina region is one of the fastest growing in Canada, as new residents attracted by economic, environmental, social, and cultural opportunities move into the area . The GDP of the Regina CMA is forecast to reach 14 .23 billion dollars in 2016 .

Long term projections for the regional economy are unanaimous: Regina and area will experience consistent growth of population and gross domestic product in the years ahead .

The economy of Regina is closely aligned with the agriculture, oil & gas, and mining sectors that drive the Saskatchewan economy . The city has historical relationships with companies in those sectors, and enjoys geographic closeness to important resource assets like potash mines and oil fields .

There is also a large service sector in Regina including banking and insurance companies, wholesale suppliers and significant trans-portationandlogisticsresourcesincludingtheGlobalTransportationHub,theonlyself-governingmultimodalinlandterminalintheCanadianprairies,andaforeigntradezonedesignatedfacility

Reginaishometoseverallargepost-secondaryeducationalinstitutions,includingtheUniversityofRegina,SaskatchewanPolytech-nic,andtheFirstNationsUniversity,theonlyaboriginaldegree-grantinguniversityinNorthAmerica.

There is a large and stable pool of labour, not only from within the city boundaries, but also the surrounding area with workers com-muting from as far as 45 minutes away, while living in the numerous small communities in the area . The city of Moose Jaw, with a population of 40,000 people is just 40 minutes west of Regina .

AstrongspiritofcollaborationexistsbetweengovernmentjurisdictionsandbusinessorganizationsinReginaandregion.Thecityof Regina and its nearby small urban centres and rural municipalities are ready and willing to work together, and to coordinate and co-operatewiththeprovincialgovernment, toassist theprocessofdevelopmentandgrowth inthearea.TheReginaRegion isinvestment-readyandplanningforthefuture.

Introduction


| Community Profile

About Economic Development Regina

Economic Development Regina (EDR) is the lead economic development agency for the City of Regina and region . EDR provides leadership to the community with specific accountability for the following core functions:

• Supportindustrygrowthanddiversificationthroughretention,developmentandattractionofindustryandtourism

• Findinnovativewaystopromotesustainablegrowthwhileeffectivelyaddressingthechallengesofassociatedwithit

• MarketandpromotetheReginaregionforbusinessandtourism

• EnsuretheReginaregionoffersavibrantanddiversifiedeconomyforinvestors,isapositivedestinationexperienceforvisitors and offers a high quality of life for residents

EDR’sInvestmentAttractionOfficeprovidesfree,confidential,andcustomizedadvicetocompaniesandinvestors.Wearean“in-vestmentconcierge”,offeringbusinessintelligence,path-findingtolocalresources,andintroductionstogovernmentagenciesasrequired .

EDR provides direct support to entrepreneurs through its Square One business resource office, and delivers services to immigrant investorsundertheSaskatchewanImmigrantNomineeProgram.

Researchindicatesthatexpansionofexistingcompaniesandstart-upsareresponsiblefor99%ofthenewjobscreatedinmostlocal economies .

Inordertomaximizetheimpactofitswork,EDRispursuingasectordevelopmentstrategy,whichcurrentlyfocusesresourcesonthe growth and development of these key industry sectors:

• Fabricatedmetalmanufacturing

• Machinerymanufacturing

• Tourism

• Foodprocessing

• Events,conventionsandtradeshows

EDRalsooperatesTourismRegina,theofficialdestinationmarketingorganizationrepresentingReginaandregion.Itworksincollab-oration with the Regina region’s tourism sector and industry partners to promote and enhance Regina as a destination experience .

economicdevelopmentregina.com


Regina and region offer an outstanding quality of life .

| The Regina Advantage

We blend “country life” benefits like clean air, open spaces, and closeness to nature, with “city life” amenities in areas such as education, health care, culture and entertainment, recreation, and shopping.



High Incomes + Low Living Costs = Spending Power*

Provincial Taxes & Health Premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,080Utilities and Auto insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,483Mortgage & Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,323Total costs*. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18,886Average House Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $307,609% of Income for Housing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25%

25%


32%


30%


34%


35%


45%

Provincial Taxes & Health Premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.478Utilities and Auto insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,488Mortgage & Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29,298Total costs*. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39,624Average House Price . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,093,267% of Income for Housing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53%

53%

*Based on annual family income of $75,000.



Advantage: Greenspace

ReginaistheproudhomeofWascanaCentre,a2,300acregreenspacethatcutsthroughthemiddleofourcityandisoneofthelargesturbanparksinNorthAmerica.Theparkincludeswalkingandbikingtrails,alakeandcreek,naturalhabitatforbirdsandfish,andanexcellentvenuefornon-poweredboating.WascanaCentrehostsover2,000outdoorcommunityeventseachyear.



Advantage: Lively Arts

Reginahasitsownsymphonyorchestra,professionaltheatrecompany,musicconservatory,communitytheatrecompany,Folkfesti-val, Country festival, Blues festival, African festival, and Caribbean festival . Regina hosts concerts and performances by artists of na-tionalandinternationalstatus,atitsworldclasssoft-seattheatreandhockeyrinkvenue,aswellasits33,000seatoutdoorstadium.

Performers have included: Sir Paul McCartney, The Rolling Stones, Blake Shelton, AC/DC, Erica Badhu, John Mellencamp, B .B . King, Moscow Ballet, Cirque du Soleil and the Three Tenors .

Advantage: Educational Opportunity

StudentsinReginaaccessKindergartentoGrade12inourPublicandCatholicSchoolsystems,Frenchimmersionschools,aswellpublicly-fundedChristian,Huda,andMontessorischools,andaprivateresidentialhighschool.

GraduatescanthenchooseadegreeattheUniversityofRegina,anditsaffiliatedcollegetheFirstNationsUniversityofCanada,orcareerskillstrainingatSaskPolytechnicandavarietyoftrade-specifictrainingfacilities.



Advantage: Sports and Recreation

And all kinds of outdoor fun, winter and summer!

new stadium photo

Regina offers and incredible variety of options for recreation and en-tertainment,throughcommunity-basedfacilitiesforallkindsofminorand school sports, and the arts. TheCanadian Football League’sSaskatchewan Roughriders, are owned by the community, draw 33,000 fans per game, and boast a rabid following known across Canadaas“RiderNation”.Theymoveintoabrandnewstadiumin2017 .

You can also watch Canadian Intercollegiate sports (CIS) and major junior hockey .



Advantage: Health Care

The Regina Qu’Appelle Health District operates two major hospitals, which be-tweenthemprovideworld-classhealthcareinallmedicalspecialties.Thereisanampleselectionoffamilymedicalclinicsandwalk-infacilitiesspreadthroughoutthecommunity.Freeuniversalmedicalcare,whichisavailabletoallCanadians,wasfirst offered in the province of Saskatchewan .

Advantage: Multicultural

Canadian society is known as a “mosaic of cultures”, where ethnic roots and tra-ditions are celebrated and welcomed by the entire community . There are vigorous community, cultural, and religious groups representing virtually every country on the planet here .

WecometogethereachJuneforthethreedayMosaicMulticulturalFestival,whichoffersaworldtouroffood,drink, and entertainment at some 30 festival pavilions scattered across the city .


| Location

Regina’s strategic location

ReginaisthecapitalofSaskatchewan,locatedinWesternCanada.

The population of the Regina Census Metropolitan Area (CMA) is 241,422 with an estimated trade area population of 500,000 people .

Land area of the Regina CMA is 3,408 .3 square kilometres with a population density of 61 .8 people per square kilometre .

Thanks to its central location, the Regina region is connected to markets of 5 .3 million people within a 800 km radius and 81 .3 million people within a 2,000 km radius .


| Location

Regina census metropolitan area (CMA)


City Distance Miles Distance Kms Driving Time Flight Time

Saskatoon 161 259 2 hours, 37 min . 45 minutes

Winnipeg 355 571 6 hours, 15 min . 1 hour, 5 min .

Calgary 471 758 7 hours, 23 min . 1 hour, 27 min .

Edmonton 486 782 7 hours, 47 min . 1 hour, 48 min .

Minneapolis 743 1196 14 hours, 52 min . 1 hour, 56 min .

Denver 890 1432 14 hours, 52 min . 2 hours, 16 min .

Vancouver 1073 1727 18 hours, 53 min . 2 hours, 23 min .

Chicago 1152 1854 19 hours, 0 min . 4 hours, 46 min .

Phoenix 1580 2543 27 hours, 48 min . 3 hours, 3 min .

| Location

Driving distance/flying time to major centres

Connection to railways and intermodal facilities


| Regina International Airport

Regina International Airport (YQR) is southern Saskatchewan’s Gate-way Airport . YQR links our critical manufacturing, mining, energy, tech-nology and service industries to Canadian and International markets and connects tourists to our great province .

Passengers total over 1 .26 million annually and many, many more travel in and out of the airport each year . To address this increasing traffic demand YQR has initiated an aggressive capital program to meet the current and future demands of its users and stakeholders . In addition, YQR is investing significantly in the future of southern Sas-katchewan with major investments in commercial airside and ground-side lease developments .

Regina International Airport offers domestic, transborder and interna-tional flight services with a continued focus on additional air service connectivity opportunities . YQR is committed to strengthening access to key global markets and understands the economic impact of air service and its’ business significance to Regina and southern Sas-katchewan .

yqr.ca


The Regina region is one of the fastest growing in Canada and it will continue to grow as people, attracted by economic, environ-mental, social and cultural opportunities, move into the area .

The Regina economic region extends well beyond the boundaries of the City of Regina . Production networks inextricably link the potash mines, oil fields and agricultural production in rural areas with the services that are found within the city such as: construction companies; research and development labs; marketing, financial and legal firms; transportation and technical services providers .

The region is a source of workers who live in, and commute to, places of employment in the surrounding region, as well as workers who live beyond municipal boundaries but work within the city and surrounding communities .

TomaximizegrowthopportunitiesintheregionandthroughoutsouthernSaskatchewan,stakeholdersareworkingtogethertocreatea stable, sustainable and diverse economy .

Regina CMA Communities

City

•Regina

Towns

•WhiteCity•PilotButte•Lumsden•Balgonie•ReginaBeach Villages

•GrandCoulee•Pense•BuenaVista•Edenwold•BellePlaine•Disley

Rural municipalities

•EdenwoldNo.158•LumsdenNo.189•SherwoodNo.159•PenseNo.160

Rural villages

•LumsdenBeach

| Regional Collaboration


| Regional Collaboration

Moose Jaw-Regina Industrial Corridor

TheMooseJaw-ReginaIndustrialCorridorishometo24%oftheprovince’spopulationandgeneratesapproximately23%ofSas-katchewan’s GDP . The corridor acts as a prime transportation hub featuring major highway and rail links to the east, west, north, and south into the United States .

The corridor is a collaboration of the cities of Moose Jaw and Regina, and the Rural Municipalities of Sherwood, Pense, Belle Plain, andMooseJaw.Forindustrialandcommercialinvestors,itprovidescoordinationwithutilities,highwaysdepartment,andthepro-vincial government .

White Butte Regional Planning Committee

TheWhiteButteRegionalPlanningCommitteeisagroupofsmallermunicipalitieslocatedimmediately east of Regina . The City of Regina works with them bring a regional view to infrastructure planning and construction, in order to enhance opportunities for new devel-opmentandmaximizeefficienciesbetweenthemunicipalities.Keyareasoffocusinclude:transportation, recreation, education, fire protection, public works, land use, water treat-ment and waste water management . whitebutte.wpmu.gp-inc.ca


| Global Transportation Hub

TheGlobalTransportationHub(GTH)isCanada’sonlyautonomousandself-governingInlandPortAuthority.

TheGTHisa1,700acredevelopmentareastrategicallylocatedatthewestendofthecityofRegina,offeringcustomizedgreenfieldbuild opportunities and a logistically superior design .

The Global Transportation Hub sits adjacent to the Canadian Pacific (CP) railway mainline and between two national highway system routesprovidingdirectaccesstoallmajorCanadianports,Gulfcoastports,andmid-westernUSports,aswellastruckingconnec-tionstoallmajornetworksincludingTrans-Canada,Minneapolis,Chicago,andMexico.

thegth.com

GTH Tenants

Canadian Pacific Railway (CP)The new intermodal facility is designed to process up to 250,000 con-tainer handlings per year or five times more container handlings per year when compared to CP’s former Regina terminal .

Loblaw Group of CompaniesCanada’s largest food retailer, anchor tenant with a 1,000,000 square foot warehouse, providing food product distribution to western Canadian stores .

Consolidated Fastfrate10,000squarefootcrossdockfacility,co-locatedwithCanadianPacific’sintermodalrailyard.FastfratehasalongtermpartnershipwithCPRailandis the largest boxcar shipper of LTL freight in Canada .

The Emterra GroupEmterra is the curbside recycling contractor for the City of Regina . They operate a sorting and packing facility .

Morguard Investments LimitedProvides leased facilities designed for the transportation and distribution sector .

Saskatchewan Liquor and Gaming AuthorityThe provincial liquor agency has established a new 145,000 square foot liquor distribution warehouse .

SaskPowerSaskatchewan’sgovernmentpowerutilityisbuildingaLogisticsWarehouseComplexconsistingof:221,000squarefootbuildingfor nearly 1,100 employees; plus 273,000 square feet of industrial buildings housing shops, warehouses, storage and maintenance areas .

Sterling Truck & Trailer Sales, Hornoi Leasing, and S.H. StorPark Inc.Sterling Truck & Trailer has been a staple in the Saskatchewan trucking community for over 40 years while Hornoi Leasing Ltd is one of Canada’s largest leasing operations . S .H . StorPark Inc . provides container transportation, handling, storage and repair services .


| Regina CMA Key Economic Indicators

After several years of explosive growth, the economy of Regi-na will continue to grow at a more modest pace from 2016 to 2020 according to the Conference Board of Canada .

• TotalEmploymenttogrowby7,000jobs

• PersonalIncomePerCapitatoriseby7.8%

• Populationtoriseby27,000to270,000

• Totalhousingstartsof6,897over5years

• Retailsalestoincreaseby12.4%to$6.3billion

Real GDP continues to grow every year, by an average of

2.2%

f = forecast . Sources: Statistics Canada; CMHC Housing Time Series Database; The Conference Board of Canada .

Economic Indicators 2013 2014 2015 2016f 2017f 2018f 2019f 2020f

Real GDP at basic prices (2007 $ millions) Percentage change

13,660

5.6

14,180

3.8

14,075

-0.3

14,235

1.1

14,5912.5

14917

2.2

15,253

2.3

15,667

2.7

Total employment (000s) Percentage change

136

6.2

137

0.4

138

1.0

138

0.0

138

0.2

141

1.9

143

1.5

145

1.5

Unemployment rate (per cent) 3.8 3.6 4.4 4.9 4.7 4.6 4.6 4.6

Personal income per capita ($) Percentage change

47,979

4.4

48,257

0.6

52,931

1.9

52,877

-0.1

53,189

0.6

54,430

2.3

55,698

2.3

57,026

2.4

Population (000s) Percentage change

231

2.8

238

2.8

243

2.3

248

2.1

254

2.2

259

2.1

264

2.1

270

2.0

Total housing starts 3,122 2,223 1,597 1,360 1,259 1,328 1,405 1,545

Retail sales ($ millions)

Percentage change

5,128

4.8

5,455

6.4

5,500

1.1

5,560

2.6

5,6621.8

5,8453.2

6,058

3.7

6,281

3.7

CPI (2002 = 1.0)

Percentage change

1.267

1.7

1.297

2.3

1.338

1.7

1.342

2.2

1.366

2.1

1.394

2.1

1.425

2.2

1,455

2.1

Economic forecast 2016-2020


2015 Workforce 15 years and older, by census metropolitan area

City Population Labour force Employment Unemployment Unemploymentrate

Participation rate

Employment rate

Thousands %

Regina 198.1 144.3 138.0 6.3 4.4 72.7 70.4

Halifax 348.7 239.1 224.1 15.0 6.3 68.6 64.9

Montréal 3,354.1 2,228.4 2,040.9 187.4 8.4 66.4 60.7

Ottawa–Gatineau 1,097.8 760.1 710.6 49.5 6.5 69.2 65.1

Toronto 5,106.0 3,417.4 3,176.7 240.7 7.0 66.9 61.5

Winnipeg 653.1 451.7 424.5 27.1 6.0 69.2 63.9

Saskatoon 252.5 180.2 169.7 10.5 5.8 71.4 68.9

Calgary 1,180.8 871.4 815.8 55.6 6.4 73.8 69.7

Edmonton 1,102.3 809.2 761.0 48.2 6.0 73.4 69.3

Vancouver 2,131.1 1,379.5 1,298.5 81.0 5.9 64.7 60.9

Victoria 303.5 189.0 178.1 10.9 5.8 62.3 58.2

Class* Industry Employees (000s)

4411-4543 Retail trade 15.6

2311-2329 Construction 13.8

6220 Hospitals 8.1

7221-7224 Food services & drinking places 6.9

9120 Provincial government 6.1

6111 Primary & secondary schools 5.5

4111-4191 Wholesale trade 5.4

5211, 5221-5223, 5231-5239 Finance 4.5

5241-5242, 5261-5269 Insurance carriers & related activities 4.3

6211-6219 Ambulatory health care services 4.3


Labour force characteristics

Source:StatisticsCanada,CANSIM,table282-0129andCatalogueno.71-001-X.Lastmodified:2015-05-08.

Regina’s dominant industries, 2014

*NorthAmericanIndustrialClassificationSystem.Source:StatisticsCanada.



Real estate

Sources: CMHC Housing Time Series Database, Canadian Real Estate Association .

Building permits

Source: City of Regina

New housing market (2015)

Single-detached absorptions 734

Growth -33.3%

Average price of absorbed single-detached units $529,798

Growth 3.0%

Resale housing market (2015)

Unit Sales 3,470

Growth -7.0%

Average Price $309,000

Growth -1.9%

Apartment market (October 2015)

Two-bedroom vacancy rate 4.8%

Average two-bedroom rent $1,095


CBD Class # of Buildings Total SF Vacant SF Vacancy Rate Average Net Rate/SF Occupancy Costs/SF

A 11 1,600,775 129,912 7.8% $24.00 $14.88

B 27 1,802,452 335,403 18.6% $17.50 $14.11

C 22 553,360 45,837 8.3% $14.50 $13.23

Total 60 4,016,587 510,152 12.70% --- ___

Office Rental Rates

Source: Colliers International

Regina office historical vacancy

Source: Harvard Real Estate Report

Industrial vacancy

Indicator Q2 ’15 Q3’15 YoY

Vacancy CMA 2.4% 2.97% /\ 100 bps

Net Rent CMA $11.88 $11.91 0%

| Real Estate

Source: Colliers International Market Outlook Q3 2015


| Corporate Tax Rates and Incentives

Saskatchewan corporate tax incentives

• Refundable15%taxcreditforresearchanddevelopmentexpenditures

• 5%refundableinvestmenttaxcreditonmanufacturingandprocessingequipment

• ManufacturingandProcessingExportertaxincentiveprovidestaxcreditsforexpansionoffulltimeemployeesover2014baseline

• TheSaskatchewanCommercialInnovationIncentive(alsoknownasa“patentbox”or“innovationbox”)isanewgrowthtaxre- ductionthatlowerstheCorporateIncomeTaxfrom12tosixpercentonincomeearnedonthecommercializationofpatentsinto new products by Saskatchewan companies .


| Corporate Tax Rates and Incentives

Corporate tax rates

Generally, provinces and territories have two rates of income tax–a lower rate and a higher rate .

• Lowerrate–Thelowerrateappliestotheincome eligible for the federal small business deduction .

• Higherrate–Thehigherrateappliestoallother income .

Source: Canada Revenue Agency

Province or territory Lower rate Higher rate

Saskatchewan 2.0% 12%

Newfoundland & Labrador 3.0% 14%

Nova Scotia 3.0% 16%

Prince Edward Island 4.5% 16%

New Brunswick 4.0% 12%

Ontario 4.5% 11.5%

Manitoba nil 12%

Alberta 3.0% 10%

Quebec 8.0% 11.9%


| Regina Municipal Taxes

2014 estimated commercial property taxes per $1000 of assessment

Source: 2014 Property Tax Rate Analysis, Real Property Association of Canada


| Regina CMA Demographics

Population

The 2015 estimated total population for the Regina CMA is 241,422 people, according to the postcensal report released by Statis-tics Canada in July 2015 .

Population growth compared to national average

2011-2015

Saskatchewan Canada

11.5%population growth2011-2015

Regina is one of the fastest growing cities in Canada .Statistics Canada, Annual Demographic Estimates

4.4%

11.5%



Population by age groups

ALL TOTAL 241,421

MALE120,626

FEMALE120,796

0-19 years 56,991 29,252 27,739

20-29 years 39,068 19,931 19,137

30-39 years 37,912 19,580 18,332

40-49 years 30,251 15,496 14,755

50-59 years 32,971 16,617 16,354

60-69 years 23,067 11,258 11,809

70-79 years 12,157 5,384 6,773

80 + years 9,005 3,108 5,897

Source:StatisticsCanadaCANSIMtable051-00562015



Population migration

Source: Conference Board of Canada

Median income in Regina grew 12.1% from 2009 to 2014

Regina’s population growth has largely benefited from international migration and an increase in interprovincial migrationSource: Conference Board of Canada

Median family income in Regina ranks fourth among Canada’s major cities

Source:StatisticsCanadaCANSIM,table111-0009

Regina Canada

$76,550

$93,670

International Canada

Source:StatisticsCanadaCANSIMTable111-0009


| Availability of Skilled Labour

Experienced labour force

Source: Statistics Canada, 2006 Census

Post-secondary educational attainment-Saskatchewan

All occupations 110,625

Management occupations 10,600

Business, finance, and administrative occupations 24,250

Natural and applied sciences and related occupations 7,245

Health occupations 6,925

Social service, education, government service and religion occupations 10,415

Art, culture, recreation and sport occupations 3,430

Sales and service occupations 27,675

Trades, transport, equipment operators and related occupations 15,380

Occupations unique to primary industry 2,440

Occupations unique to processing, manufacturing and utilities 2,260



Employment growth

From2016-2020theConferenceBoardofCanadapredictsthat the Regina economy will create 7,000 new jobs .

FromApril2014toApril2015,theRegina CMA gained 2,400 jobs, a

2.4% increase .Source: Statistics Canada

Average weekly earnings

Source:StatisticsCanada,CANSIM:281-0027

N.A. Industry Classification System (NAICS) 2013 2014 2015 2013 2014 2015

Saskatchewan Canada

Industrial aggregate excluding unclassified businesses (11-91) 945.59 975.36 981.61 911.28 935.31 952.11

Goods producing (11-33) 1,332.90 1,405.91 1,390.91 1,173.65 1.217.78 1,221.68

Mining, quarrying, oil & gas extraction (21) 1,859.87 2,023.73 1,924.79 1,879.33 2,048.30 1,985.31

Utilities (22, 221) --- --- --- 1,652.08 1,777.89 1,790.22

Construction (23) 1,218.91 1,252.54 1,248.69 1,187.73 1,224.44 1,212.71

Manufacturing (31-33) 1,055.64 1,097.23 1,119.51 1,023.52 1,044.18 1,078.95

Service producing industries (41-91) 859.68 881.66 896.09 851.14 871.01 891.64

Trade (41-45N) 729.70 762.32 772.02 684.73 704.89 726.72

Transportation & warehousing (48-49) 1,076.73 1,117.80 1,143.53 969.96 1,004.82 1,032.15

Information & cultural industries (51) 1,051.77 1,132.33 1,091.16 1,136.38 1,168.60 1,209.96

Finance and insurance (52) 1,009.43 1,077.60 1,097.14 1.111.93 1.166.92 1,210.34

Real estate, rental & leasing (53) 1,006.26 1,026.00 1,042.64 868.48 932.36 939.44

Professional, scientific & technical (54, 541) 1,211.11 1,220.07 1,302.80 1.274.06 1,308.06 1,335.80

Management of companies & enterprises (55, 551) 1,064.86 1,108.80 1,163.17 1,253.47 1,335.28 1,414.15

Admin & support, waste management & remediation (56) 738.09 697.81 750.68 749.97 751.87 774.13

Education services (61,611) 891.94 900.21 1,031.60 988.18 982.77 1,005.51

Health care & social assistance (62) 891.94 900.21 897.31 833.71 853.82 868.41

Arts, entertainment & recreation (71) 531.71 554.88 558.66 562.61 581.54 573.59

Accommodation & food services (72) 366.16 368.96 364.72 362.38 371.36 374.77

Other services (except public admin) (81) 784.56 770.36 765.07 751.61 755.53 771.09

Public administration (91) 1,100.33 1,155.30 1,195.08 1,177.38 1,201.07 1,226.88



Labour force survey estimates

Source:StatisticsCanada.Table282-0073.

Wages Job permanence 2015 2016

October November December January

Total employees, all wages (persons x 1,000)

Total employees (x 1,000) 472.3 471.3 464.9 455.9

Permanent employees (x 1,000) 414.8 416.0 414.3 407.0

Temporary employees (x 1,000) 57.5 55.3 50.7 48.9

Average hourlywage rate

Total employees 25.82 26.18 26.65 27.00

Permanent employees 26.40 26.64 27.09 27.44

Temporary employees 21.64 22.71 23.04 23.40

Average weeklywage rate

Total employees 967.28 968.91 993.28 1,003.31

Permanent employees 1,003.10 1006.22 1,026.54 1,040.04


Median hourlywage rate

Total employees 22.78 23.00 23.08 24.00



Median weekly wage rate

Total employees 865.20 863.36 880.00 920.00




2015 top 10 private sector employers in Regina

Rank Business Name Business type # of Employees

1 The Mosaic Company potash, borate, and soda mining 2,324

2 Brandt Group of Companies industrial equipment manufacturing 1,800

3 Evraz Inc. steel plant 1,500

4 Conexus Credit Union personal banking 900

5 ISM IT services 882

6 Co-op Heavy Oil Upgrader oil refinery 800

7 Thyssen Mining Construction of Canada mining technology 800

8 Co-operators Life Insurance insurance brokerage 750

9 Loblaws - Global Transportation Hub storage and logistics 600

10 Staples Call Centre Inc. call centre 400

| Top Employers

2015 top 10 public sector employers in Regina

Rank Business Name Business type # of Employees

1 Regina Qu’Appelle Health Region health care 8,947

2 Saskatchewan Public Service provincial government 8,453

3 SaskTel telecommunications 4,000

4 Sask Power Corp. electrical utility 3,394

5 City of Regina municipal 2,700

6 Saskatchewan Government Insurance insurance brokerage 2,145

7 Regina Public School Board education 2,045

8 University of Regina education 1,850

9 Innovation Place Research Park 30 research & development tenants 1,225

10 Sask Energy Inc. natural gas distribution 1,100


| Education, Training, and Research

University of Regina

The University is home to 10 faculties and 25 academic departments which have established reputations for excellence and inno-vativeprogramsleadingtobachelor’s,master’s,anddoctoraldegrees.IntheFall2015-16,atotalof14,360full-timeandpart-timeundergraduateandgraduatestudentsenrolledattheUniversity,includingthreefederatedcolleges:CampionCollege,FirstNationsUniversity of Canada, and Luther College .

TheUniversityoffersspecializedprogramsinanumberofareasincludingjournalism,socialwork,mediaproductionandstudies,ac-tuarial science, petroleum engineering, fine arts, software systems, education, police studies, health studies, public policy, business administration,andmanyothers.TheundergraduatePetroleumSystemsEngineeringProgramisoneofthelargestinNorthAmerica.

TheUofRwasthefirstuniversityinWesternCanadatoofferacooperativeeducationprogram,meaninggraduatesleavethecam-pus prepared to succeed in the world . The Cooperative Education & Internships Program is available in arts, business administra-tion, engineering and science (computer science, physics, chemistry and biochemistry, and mathematics and statistics including actuarial science internships) .

uregina.ca

The University of Regina’s main campus and historic original College Avenue campus, covering 930 acres, provide an attractive study and work environment for students, faculty and staff .



TheFirstNationsUniversityofCanadaisaFirstNations’controlleduniversity-collegewhichprovideseducationalopportunitiestobothFirstNationsandnon-FirstNationsuniversitystudentsselectedfromaprovincial,nationalandinternationalbase.

InMay1976,theFederationofSaskatchewanIndianNationsenteredintoafederationagreementwiththeUniversityofRegina,toestablishtheSaskatchewanIndianFederatedCollege(SIFC).TheAgreementprovidedforanindependentlyadministereduni-versity-college,themissionofwhichistoservetheacademic,culturalandspiritualneedsofFirstNations’students.In2003,theSaskatchewanIndianFederatedCollegeofficiallychangeditsnametotheFirstNationsUniversityofCanada(FNUniv).

TheFNUnivnowmaintainsanaverageannualenrolmentofover3000.Itoffersacademicprogramsinawidevarietyofdisciplines,from Business and Public Administration to Indigenous Arts and Health .

TheFirstNationsUniversityofCanadaprovidesanopportunityforstudentsofallnationstolearninanenvironmentofFirstNationscultures and values .

WiththediversityandscopeoftheFirstNationsdegreeprograms,theuniversityoccupiesauniqueroleinCanadianhighereduca-tion . The university promotes a high quality of education, research and publication .

Since1983,theuniversityhasenteredintoovertwenty-fiveagreementswithIndigenouspeoples’institutionsinCanada,SouthandCentralAmericaandAsiaandsignedagreementswithacademicinstitutionsinSiberia(Russia),InnerMongolia(China)andTanzania.The university has been a member of the Association of Universities and Colleges of Canada (AUCC) since 1994 .

fnuniv.ca

First Nations University of Canada



Saskatchewan Polytechnic

Over40yearsagopost-secondarytechnical/vocationaleducationwasestablishedinReginawhentheGovernmentofSaskatch-ewan established the Saskatchewan Institute of Applied Arts and Sciences (SIAAS) . That institution later became known as the Saskatchewan InstituteofAppliedScienceandTechnology,orSIAST.SIASTwas reorganizedand renamedasSaskatchewanPolytechnic in 2014 .

Saskatchewan Polytechnic serves 26,000 distinct students through applied learning opportunities at campuses in Regina and four other cities, and through extensive distance education opportunities . Programs serve every economic and public service sector including construction trades, business administration and accounting, hospitality industry management, and health care careers .

Asapolytechnic,theorganizationprovidesthedepthoflearningappropriatetoemployerandstudentneed,includingcertificate,diploma and degree programs, and apprenticeship training . Students receive technical training that offers appropriate credentials in applied fields, including degrees, apprenticeship training, diplomas and certificates .

All programs are based on labour market needs . Curriculum is developed through consultation with industry . Applied research part-nershipshelpemployersaccessfundingandfindsolutionstoreal-worldproblems.

saskpolytech.ca



Saskatchewan Indian Institute of Technologies

Saskatchewan Indian Institute of Technologies (SIIT) has been in existence since 1976, offering training and education programs to FirstNationsadultsinSaskatchewan.SIIT’sprogrammingmixturehasevolvedtoincludecertifiedtechnical,vocational,andtradeprogramming .

Regina Trades and Skills

This is a new initiative to help develop new skills in the labour market . Students are taught by experienced tradespeople . As a result, employers are hiring entry level workers with a small learning curve, thus spending less time training new employees .

University of Saskatchewan

The University of Saskatchewan, in Saskatoon, 230 km from Regina, offers a wide variety of programs and courses: agriculture and bioresources, arts and science, biotechnology, business, dentistry, education, engineering, graduate studies and research, kinesi-ology, law, medicine, nursing, pharmacy and nutrition, physical therapy and veterinary medicine .

In addition, the University’s affiliated colleges and Centre of Continuing and Distance Education offer degree programs, certificates, and training programs . Affiliated colleges allow students to complete the first two years of a Bachelor of Science or Bachelor of Arts degree,andsomeofferfulldegreesinEducation,NativeStudies,andTheology.

Gabriel Dumont Institute of Native Studies and Applied Research

TheGabrielDumontInstituteofNativeStudiesandAppliedResearchistheeducationalarmoftheMétisNationofSaskatchewan.TheInstituteistheonlywhollyMétisownedandcontrollededucationinstitutionofitskindinCanada.



The78-acregroupofbuildingscomprisingInnovationPlacewasestablishedin2000. Itemphasizescollaborativeuniversityandindustryresearchintheareasofinformationtechnology,petroleum,andenvironmentalscience,andhasproducedworld-leadingresearch and development projects .

Some current tenants include: Information Systems Management Canada Corporation (subsidiary of IBM Canada); the Government of Saskatchewan Information Technology Office (Operations Division); the Petroleum Technology Research Centre; GB Internet Solutions; Titanium Corporation; Greenhouse Gas Technology Centre; Information Services Corporation; Mera Technologies; the SaskatchewanDiseaseControlLaboratorybuilding,andnumerousstart-upcompaniesintheITsector.

innovationplace.com/regina

Innovation Place is home to approximately 30 tenants in six buildings, employing more than 1,200 people .

Innovation Place


| Utilites

To support the province’s booming economy and growth, SaskEnergy, SaskPower and SaskTel, along with local cable providers, have partnered to introduce the Saskatchewan Turnkey Program . The program is a new approach to the design and construction of shallow underground utility services . This process empowers subdivision developers by giving them morecontrolovertheirschedulesandprovidestimely,cost-effectiveandcoordinatedservicetoresidentialcustomersthatincludes the installation of gas, electric, telephone and cable lines in a common trench .

Saskatchewan Turnkey Program

SaskPower

OwnedbytheSaskatchewangovernment,SaskPoweroperatesthreecoal-firedpowerstations,sevenhydro-electric stations, six natural gas stations, and two wind facilities, generating 3,513 megawatts of electricity . In 2015SaskPowerlaunchedthefirstcommercial-scalecarboncaptureandstoragefacilityatacoalfiredgeneratorinNorthAmerica.ToaddressfuturedemandSaskPowerwilladdapproximately1,300MWofcapacitytothesystem by 2017 .

SaskEnergy / TransGas

Also government owned, SaskEnergy delivers natural gas to more than 365,000 residential, farm, commercial, and industrial customers . They purchase natural gas from independent suppliers and transport it through a 68,100kilometrepipelinesystemto93%ofSaskatchewancommunities.SaskEnergysetsitsrateeachfallusingthe forward 12 month price for natural gas, with adjustment in April .

SaskWater

SaskWaterisagovernmentcorporationthathelpscommunitiesandindustrygainaccesstoreliablewatersup-plies and professional water and waste water management services . Currently they serve 63 communities, 81 pipeline groups, seven rural municipalities and 15 industrial end users .


| Advanced ICT Services

SaskTel

Largest 4G LTE (Long Term Evolution) network in Canada . 4G LTE is currently available in Regina, including Deer Valley, Lumsden, Pense,PilotButte,andWhiteCity.SaskTel4Gwirelessnetworkcoversover98%ofSaskatchewan’spopulation.

Rogers Communications

Rogers Communications has GSM/Edge service in most of Saskatchewan this technology is limited to speeds of 120 kilobits per second,whichisonlytwicethespeedofdial-up.LTEservice(75Mbps)isavailableforReginaandSaskatoon.

Telus Communications

Telus Communications offers 4G LTE service in both Saskatchewan and Canada . The company is planning to expand the network speed to 150Mbps in the near future . Currently, Telus offers a downloadspeed of up to 75 Mbps with expected average speeds of 12–25Mpbs.FastestserviceisintheReginaandSaskatoonregions.

Access Communications

AccessCommunicationsisnon-profitcabletelevision,internetandphoneserviceco-operativethatisSaskatchewanownedandoperated . Access Communications offers several data packaes for both residential and commercial users throughout Saskatchewan including the Regina CMA .

Bell Canada

Higher speed service is available in the Regina and Saskatoon regions . Lower service levels are available throughout the Province .

How can we help?

At EDR, we are passionate about supporting investors to make the most of the opportunities in our region .

EDR’sInvestmentAttractionOfficeprovidesfree,confidential,andcustomizedadvicetocompaniesandinvestors.Wearean“in-vestmentconcierge”,offeringbusinessintelligence,path-findingtolocalresources,andintroductionstogovernmentagenciesasrequired .

EDR provides direct support to entrepreneurs through its Square One business resource office, and delivers services to immigrant investorsundertheSaskatchewanImmigrantNomineeProgram.

Regina is among the leading metropolitan areas for economic growth in Canada and EDR can connect you to a diverse range of enterprises and new initiatives .

Connect with one of EDR’s knowledgeable specialists to receive additional site selection information, relevant economic data and potential emerging trends in the region . EDR is here to help you succeed .

Contact us

Michael Zaplitny, Manager, Investment AttractionP:306-789-5099,Ext.227E: MZaplitny@economicdevelopmentregina .com

| About EDR

@EcDevRegina

facebook.com/EcDevRegina

Linkedin.com/company/economic-development-regina-inc

regina economic profile

Documents