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The North East REDA is one of the more than 25 REDA's in the Province of Saskatchewan.
The North East REDA was
started in November of 1993 and incorporated in 1995. The North East REDA area covers north eastern
Saskatchewan and includes Melfort, Tisdale, Nipawin, Arborfield,
Carrot River, Choiceland, Cumberland House,
Naicam and Zenon Park.
As with other REDA's, it
has a mandate to foster economic development within the region.
However, it is unlike other REDA's in its
operating structure. North East REDA
is unique in that it does not have a fully staffed central office with all the accompanying overhead costs, as is the
case with other REDA's. This organization has service agreement with six local
economic development departments (3 full-time & 3 part-time) to
pursue development in the region. This contractual agreement, and
the resulting operational savings, allow North
East REDA to undertake more initiatives than would
otherwise be the case.
The edge of the North East region is about 1.5 hour
drive from Saskatoon
(the province's largest city) via Highway #41 and about a 2.5 hour drive
from Regina
(the province's capital) via Highway #6.
Mission:
The
mission of the North East Regional Economic Development Authority is to
increase the quality of life for the population base through partnering
which encourages community economic development.
Goals:
·
To encourage and assist community based economic
development;
- To create a competitive
business environment in the area;
- To communicate with key
development organizations.
Services:
- To facilitate the
development and operations of new and existing community economic
development groups;
- To identify unique
regional opportunities
- To organize regional forums
for business, agriculture, home-based business and communities;
- To establish a regional
resource library/database;
- To assist in
establishing resource and funding partnerships.
Starting
A Business in the North East
REDA:
The North East REDA
trade area serves about 50,000 people. The region is in the black soil
zone of Saskatchewan which produces a variety of high quality
agricultural products for processing and export. The region has proven to
be an excellent location for manufacturing and processing and is a
suitable location for numerous new business ventures. The North East REDA
region also features a strong tourism base with a large number of lakes
and recreational facilities in close proximity.
Property
Taxation:
Municipalities
in the Province
of Saskatchewan
collect property taxes based on the fair market assessments on lands and
buildings. Properties were reassessed based on 1997 values.
The taxable assessment of a property
depends on the class of property being taxed. The following chart shows
the percentage for each class of property:
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Commercial
and Industrial
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100%
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Elevators
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60%
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Railway right of way and
pipelines
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70%
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Non arable
(range) land and improvements
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50%
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Other
Agricultural land and improvements
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70%
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Residential
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75%
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Multi-unit
Residential
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85%
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Seasonable
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70%
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In
addition to these percentages, municipalities can utilize factors for
each class of property that would adjust the effective mill rate and
taxes levied on a property class. Municipalities may choose to retain a
business assessment and a separate business tax; should a municipality
not apply a business tax, a vacancy adjustment is available for the
property owner to receive a reduction on the amount of taxes levied on
space not used in a building. Urban municipalities may have sub-classes
on properties with a factor adjusting the effective mill rate on certain
property sub-classes. Municipal and School taxes are levied based on the
adjusted mill rate applicable to each class of property. All Non arable
and Agricultural land and improvements, school taxes levies are further
adjusted by a factor of 0.83.
Community Economic Development:
Community
economic development may be described as the practice of local people,
with common interests, using their resources, to embark on a planned
process of change to enhance community life.
Most people tend to think of community economic development in terms of;
the products it produces, such as additional jobs, increased population,
new services and facilities, a greater flow of dollars into and through
the communities and a larger commercial/industrial tax base for the
municipalities.
When these things are examined in total, community economic development
involves creating a better standard of living for local residents.
Community economic development provides a better standard of living for
our rural community residents by facilitating the development of existing
social, economic and physical resources. It does this by providing a
mechanism by which communities can organize, to identify and promote
business and development opportunities.
Community economic development is a planned process of change, both
social and economic, it intends to also widen the scope of available
economic opportunities, as well as, enrich a community's social
well-being. Community economic development and social development cannot
be separated. Together they constitute one single indivisible process
aimed at enhancing the quality of life for all residents in the North
East region of Saskatchewan.
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