Regina, Saskatchewan, Canada

Economy

๐Ÿ‡จ๐Ÿ‡ฆ Regina is the capital city of the Canadian province of Saskatchewan. The city is the second-largest in the province, after Saskatoon, and is a commercial centre for southern Saskatchewan. As of the 2016 census, Regina had a city population of 215,106, and a Metropolitan Area population of 236,481. Statistics Canada has estimated the CMA's population to be 263,184 as of 2020. It is governed by Regina City Council. The city is surrounded by the Rural Municipality of Sherwood No. 159.

Regina was previously the seat of government of the North-West Territories, of which the current provinces of Saskatchewan and Alberta originally formed part, and of the District of Assiniboia. The site was previously called Wascana ("Buffalo Bones" in Cree), but was renamed to Regina (Latin for "Queen") in 1882 in honour of Queen Victoria. This decision was made by Queen Victoria's daughter Princess Louise, who was the wife of the Governor General of Canada, the Marquess of Lorne.

Unlike other planned cities in the Canadian West, on its treeless flat plain Regina has few topographical features other than the small spring run-off, Wascana Creek. Early planners took advantage of such opportunity by damming the creek to create a decorative lake to the south of the central business district with a dam a block and a half west of the later elaborate 260ย m (850ย ft) long Albert Street Bridge across the new lake. Regina's importance was further secured when the new province of Saskatchewan designated the city its capital in 1906. Wascana Centre, created around the focal point of Wascana Lake, remains one of Regina's attractions and contains the Provincial Legislative Building, both campuses of the University of Regina, First Nations University of Canada, the Royal Saskatchewan Museum, the Regina Conservatory (in the original Regina College buildings), the Saskatchewan Science Centre, the MacKenzie Art Gallery and the Saskatchewan Centre of the Arts. Residential neighbourhoods include precincts beyond the historic city centre are historically or socially noteworthy neighbourhoods โ€“ namely Lakeview and The Crescents, both of which lie directly south of downtown. Immediately to the north of the central business district is the old warehouse district, increasingly the focus of shopping, nightclubs and residential development; as in other western cities of North America, the periphery contains shopping malls and big box stores.

In 1912, the Regina Cyclone destroyed much of the town; in the 1930s, the Regina Riot brought further attention and, in the midst of the 1930s drought and Great Depression, which hit the Canadian Prairies particularly hard with their economic focus on dry land grain farming. The CCF (now the NDP, a major left-wing political party in Canada), formulated its foundation Regina Manifesto of 1933 in Regina. In recent years, Saskatchewan's agricultural and mineral resources have come into new demand, and it has entered a new period of strong economic growth.

Economy Oil and natural gas, potash, kaolin, sodium sulphite and bentonite contribute a great part of Regina and area's economy. The completion of the train link between eastern Canada and the then-District of Assiniboia in 1885, the development of the high-yielding and early maturing Marquis strain of wheat and the opening of new grain markets in the United Kingdom established the first impetus for economic development and substantial population settlement. The farm and agricultural component is still a significant part of the economy โ€“ the Saskatchewan Wheat Pool (now Viterra Inc.,), "the world's largest grain-handling co-operative" has its headquarters in Regina โ€” but it is no longer the major driver; provincially it has slipped to eighth overall, well behind the natural resources sectors.

Modern transport has obviated the development of a significant manufacturing sector and local petroleum refining facilities: the General Motors assembly plant north on Winnipeg Street, built in 1927 โ€“ when Saskatchewan's agricultural economy was booming and briefly made it the third province of Canada after Ontario and Quebec in both population (at just under one million people, roughly the same population as today) and GDP โ€“ ceased production during the depression of the 1930s. It was resumed by the federal crown during World War II and housed Regina Wartime Industries Ltd., where 1,000 people were engaged in armaments manufacture. It was not returned to private automotive manufacture after the war and became derelict.

EVRAZ is a leading world producer of steel plate and pipe. As of July 2007 it was a wholly owned subsidiary of the Swedish steel company SSAB. It began in Regina in 1956 as Prairie Pipe Manufacturing Company Ltd and went through an incarnation as IPSCO Steel. While the bulk of its assets and customers are now in USA and it has its operational headquarters in Chicago, Illinois, it retains its registered office and substantial manufacturing facilities in Regina.

Imperial Oil (the Canadian subsidiary of Standard Oil, now ExxonMobil), for many years maintained a refinery in Regina; today with high world petroleum prices making the exploitation of Saskatchewan oil resources an unprecedentedly lively proposition, Federated Co-operatives maintains a refinery and, together with the Province, an upgrading operation for heavy crude oil.

Crown Life, a significant Canadian and international insurance company, transferred its national head office from Toronto to Regina in 1996 but was acquired by Canada Life in 1998 and the corporate head office returned to Toronto, though with assurances that the company would retain a strong presence in Regina.

On 19 May 2009 it was announced that Viterra (formerly Saskatchewan Wheat Pool, becoming Viterra after acquisition of Agricore United), the largest grain handler in Canada, would acquire ABB Grain of Adelaide, South Australia in September 2009. The Head Office would be relocated to Regina, with the worldwide malting headquarters remaining in Adelaide. The two companies together are responsible for 37 percent of the world's exports of wheat, canola and barley.

The provincial government continues to be a major driver in the civic economy. The Innovation Place Research Park immediately adjacent to the university campus hosts several science and technology companies which conduct research activities in conjunction with University departments.

America/Regina/Saskatchewan 
<b>America/Regina/Saskatchewan</b>
Image: Adobe Stock hecke71 #282383715

Regina was ranked #224 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Regina has a population of over 215,106 people. Regina also forms the centre of the wider Saskatchewan Province which has a population of over 1,183,269 people. Regina is the #202 hipster city in the world, with a hipster score of 3.4645 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Regina is ranked #470 for startups with a score of 0.412.

To set up a UBI Lab for Regina see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns, Sister Cities Regina has links with:

๐Ÿ‡ท๐Ÿ‡ด Bucharest, Romania ๐Ÿ‡ฏ๐Ÿ‡ต Fujioka, Japan ๐Ÿ‡จ๐Ÿ‡ณ Jinan, China ๐Ÿ‡ฟ๐Ÿ‡ฒ Ndola, Zambia
Text Atribution: Wikipedia Text under CC-BY-SA license | Hipster Index | Nomad | StartupBlink

  • Thomas Hayton Mawson |

    ๐Ÿด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ Landscape Architect/Garden Designer/Town Planner Thomas Hayton Mawson is associated with Regina. Most of the gardens he designed were in the Windermere area.

Antipodal to Regina is: 75.405,-50.448

Locations Near: Regina -104.595,50.4482

๐Ÿ‡จ๐Ÿ‡ฆ Saskatoon -106.661,52.13 d: 235.8  

๐Ÿ‡บ๐Ÿ‡ธ Minot -101.3,48.237 d: 342.7  

๐Ÿ‡บ๐Ÿ‡ธ Bismarck -100.784,46.808 d: 492.1  

๐Ÿ‡จ๐Ÿ‡ฆ Medicine Hat -110.667,50.033 d: 434.2  

๐Ÿ‡บ๐Ÿ‡ธ Billings -108.506,45.784 d: 594.2  

๐Ÿ‡บ๐Ÿ‡ธ Gillette -105.494,44.293 d: 687.7  

๐Ÿ‡จ๐Ÿ‡ฆ Portage la Prairie -98.283,49.967 d: 452.2  

๐Ÿ‡บ๐Ÿ‡ธ Rapid City -103.228,44.076 d: 716  

๐Ÿ‡บ๐Ÿ‡ธ Great Falls -111.306,47.507 d: 588.6  

๐Ÿ‡จ๐Ÿ‡ฆ Winnipeg -97.139,49.901 d: 534.2  

Antipodal to: Regina 75.405,-50.448

๐Ÿ‡ฒ๐Ÿ‡บ Mahรฉbourg 57.7,-20.407 d: 16330.8  

๐Ÿ‡ฒ๐Ÿ‡บ Centre de Flacq 57.718,-20.2 d: 16309.9  

๐Ÿ‡ฒ๐Ÿ‡บ Curepipe 57.517,-20.317 d: 16314.6  

๐Ÿ‡ฒ๐Ÿ‡บ Vacoas-Phoenix 57.493,-20.3 d: 16312  

๐Ÿ‡ฒ๐Ÿ‡บ Quatre Bornes 57.479,-20.266 d: 16307.9  

๐Ÿ‡ฒ๐Ÿ‡บ St Pierre 57.517,-20.217 d: 16304.2  

๐Ÿ‡ฒ๐Ÿ‡บ Beau Bassin-Rose Hill 57.471,-20.235 d: 16304.4  

๐Ÿ‡ฒ๐Ÿ‡บ Moka 57.496,-20.219 d: 16303.7  

๐Ÿ‡ฒ๐Ÿ‡บ Beau-Bassin Rose-Hill 57.467,-20.233 d: 16304.1  

๐Ÿ‡ฒ๐Ÿ‡บ Port-Louis 57.496,-20.165 d: 16298.1  

Bing Map

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