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regina economy

Why should you invest with confidence in the Regina property market’s impending, yet quiet boom?

  • Regina offers the 6th lowest business costs of 64 cities studied by KPMG, accordingly more and more business is on its way.
  • The list of companies investing in Regina includes Canadian Tire, IPSCO, Winners, Home Depot and Stor-Edge. Likewise, the city itself is investing in a new conference centre and two new housing developments of $110 million and $50 million.
  • New developments in Regina include the Canadian Police Research Centre, which will establish Regina as the world leader in research on public safety, and the Regina Research Park, adjacent to the University of Regina, has been selected to be the site of the new $26.7 million provincial health laboratory. Completion is slated for March 2008.
  • Air Canada has recently introduced a new daily non-stop Toronto flight as business travel to Regina increases.
  • The population is stable and has been rising by 5,000 a year in the last few years; the city is beginning to enjoy the wealth, with retail spending rising by 8.5% last year.
  • Regina is a smaller city of only 200,000 people – the restored Wascana Lake recreation area is in the city and countryside is 20 minutes away on the Trans-Canada Highway.
  • The climate offers warm, dry summers and cold, dry winters with 2400 hours of sunshine and 36cm of precipitation – about the same as Los Angeles.
  • Art, theatre and museum culture is well supported by Regina University, which has a thriving arts faculty.
  • Sports activity is centred on Taylor field and Regina offers plenty of action in hockey, football and baseball. 

“Investment capital will continue to flow into Regina, given its strong economy.” 
-Canadian Real Estate Investment Forecast

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