Mr. Speaker, last week the Government of Canada delivered support for Regina's newest transportation facility. The funds went to help aggressively market the global transportation hub to attract new investments in Saskatchewan.
Increased trade and investment with emerging economies in the Asia-Pacific region means there are growing opportunities for the global transportation hub in Regina since it combines rail, truck, and air cargo facilities.
The federal government's contribution will enable the transportation hub to brand itself as an attractive destination for international business and investment.
The project will also highlight the Regina area as an important transportation hub along major North American shipping routes and as a link into the Asia-Pacific region.
It is estimated that this project will help the global transportation hub authority attract up to $300 million in new investments to Saskatchewan and create up to 500 jobs.
I have been proud to work with municipal leaders, the business community in southern Saskatchewan, and the provincial government on this important project.
Thanks to this kind of forward-thinking from Saskatchewan entrepreneurs and community leaders, we have a new economic engine that is already bringing jobs to Regina.