Communities in Southeast Saskatchewan are getting a boost from the provincial government, with the hope of pursuing clean energy solutions.
On Feb. 28, Premier Scott Moe announced an investment of $10 million to support Estevan, Coronach, and area in transitioning from coal-based industries to other economic opportunities.
“Our government will work hard to ensure this part of our great province can successfully move to cleaner energy sources and new business developments to remain prosperous and vibrant,” Moe said in a press release.
“This situation was unfortunately imposed on Saskatchewan much earlier than planned by new federal regulations. This provincial funding will help advance economic development and diversification opportunities, while demonstrating our commitment to these impacted communities.”
The funding was first mentioned during Premier Moe’s throne speech back in October. Further details are just now being provided.
Funds will be doled out with $8 million going to the City of Estevan, while Coronach will receive $2 million. According to the press release, these communities must partner with neighbouring municipalities to help fund regional initiatives.
Current federal regulations require all coal-fired power stations to be decommissioned after 50 years of operation, or to close by 2030, whichever comes first.