Working Draft for:
Preeceville's Main Street with the Mayor Garth Harris for August 6th, 2020 8:35 am
With GX94's Craig Wallebeck > see him @ http://www.gx94radio.com/craig-Wallebeck
This week we focus on: Saskatchewan Research Council
SRC Continues To Grow And Strengthen The Economy Through Research And Development
Released on August 5, 2020
The Saskatchewan Research Council (SRC) is dedicated to strengthening Saskatchewan’s economy with quality jobs and a secure environment.
SRC’s economic impact assessment for 2019-20 shows impacts of more than $901 million in direct economic benefits to the province. A record achievement for SRC. The work done at SRC contributed to the creation or maintenance of 7,515 jobs in Saskatchewan, valued at $552 million.
“SRC works on dynamic projects that provide technical and research solutions in multiple sectors across the province,” Minister Responsible for SRC Jeremy Harrison said. “By helping their clients grow, SRC is generating positive economic impacts which creates and maintains jobs in a variety of key industries in our province.”
“SRC’s annual economic impact assessment centers on client interviews to provide inputs that are aggregated and scaled to provide conservative estimates of the return on investment of research and development projects,” SRC President and CEO Mike Crabtree said. “For every dollar invested in SRC by the provincial government last year, a 45-times return was achieved and delivered back to the province.”
Since SRC began assessing impacts in 2003, it has measured more than $10.5 billion in combined economic and jobs impacts in Saskatchewan. SRC is Canada’s second largest research and development organization. With more than 300 employees, $91 million in annual revenue and nearly 75 years of experience, SRC provides services and products to its 1,500 clients in 27 countries around the world.
For more information please visit www.src.sk.ca.
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For more information, contact:
Rebecca Gotto, Saskatchewan Research Council, Saskatoon
Phone: 306-385-4199 Email: rebecca.gotto@src.sk.ca Cell: 306-371-2127
Mission, Mandate, Vision & Core Values
Mission
We proudly deliver smart science solutions, with unparalleled service to clients and colleagues, that grow and strengthen our economy.
We embrace our safe, creative and diverse work environment which enables us to excel, personally and professionally.
We live by our core values to build a better world.
Mandate
The Council shall take under consideration matters pertaining to research, development, design, consultation, innovation, and investigation in, and commercialization of, the natural and management sciences, pure and applied, as they affect the welfare of the province, and any particular matters that may be brought to its attention by the Lieutenant Governor in Council. 2000, c.23, s.3.
Vision
Driven by our passion for a better world, we will break boundaries to become the most internationally recognized and valued science solutions company in North America by 2020.
Core Values
Integrity: We deal with people and organizations honestly and ethically.
Respect: We treat people, property, and the environment with respect.
Quality: We deliver quality to clients and colleagues.
One Team: We work together in the best interests of SRC.
About Us
SRC at a Glance
The Saskatchewan Research Council (SRC) is one of Canada’s leading providers of applied research, development and demonstration (RD&D) and technology commercialization.
SRC Response to COVID-19: We are implementing a mix of strategies to best support business as usual and to ensure we continue to meet client needs. Learn more.
With more than 300 employees, $91 million in annual revenue and more than 73 years of RD&D experience, SRC is Canada’s second largest research and technology organization with 1,500 clients in 27 countries around the world.
Subscribe to our quarterly e-news
Our Impact
SRC’s 2018-19 annual economic impact assessment shows that last year:
- We achieved more than $489 million in direct economic benefit to Saskatchewan.
- Our work created or maintained over $84 million worth of jobs.
- Over 81 per cent of project expenses were aimed at creating positive environmental and/or social impacts.
- We helped save clients more than 40 million kWh in energy and reduce emissions by more than 22 kt.
How do we determine our economic impact? Read our IPAC paper to learn more about our economic impact process and assessment.
“For every dollar invested in SRC by the provincial government last year, a 45-times return was achieved and delivered back to the province.”
New Lithium Production Project In Saskatchewan
Released on June 3, 2020
Lithium exploration and development are coming to Saskatchewan, thanks to a new joint lithium project undertaken by Prairie Lithium Corp. (Prairie) and LiEP Energy Ltd. (LiEP).
The two companies started the Prairie-LiEP Critical Mineral (PLCM) Joint Venture, a two-stage pilot project that will produce lithium hydroxide from Saskatchewan oilfield brines. The first stage is expected to begin this July, based in Regina, and the second stage is planned for the second half of 2021, with field operations in southern Saskatchewan.
“This is another exciting development that promotes economic diversification in Saskatchewan,” Energy and Resources Minister Bronwyn Eyre said. “Lithium has great potential, due to increasing world-wide demand, which is why supporting extraction technologies and a viable lithium sector are included in Saskatchewan’s Growth Plan.”
“The lithium industry has the potential to be another significant economic driver and help our province through economic recovery,” Trade and Export Development Minister Jeremy Harrison said. “We are pleased to welcome this new project to our province and look forward to the future opportunities it will bring for our residents.”
The PLCM Joint Venture project has been conditionally approved by the Ministry of Energy and Resources under the Saskatchewan Petroleum Innovation Incentive (SPII). The project will be eligible to earn transferrable royalty credits worth 25 per cent of eligible capital and operating expenditures.
The SPII program targets a broad range of innovations deployed across all areas of Saskatchewan’s oil and gas industry, including for lithium. The program is open to pilot projects and commercial scaling projects, providing applicants the opportunity to test their innovations in a pilot setting, then deploy them on a larger commercial scale.
“PLCM Joint Venture is excited to begin stage one of the pilot operation in Saskatchewan this summer,” Prairie and LiEP’s President and CEO Zach Maurer and CEO Haafiz Hasham said. “The province has been great to work with and is committed to diversifying the economy through innovation. We believe that Saskatchewan has the potential to be a global player in the production and chemical processing of lithium, and both companies are thrilled to be working toward proving that potential.”
Stage one of the project will produce 1 to 1.75 kilograms (kg) of lithium hydroxide per day. Stage two will include the construction of one of Canada’s first lithium extraction and refining facilities, which will produce approximately one tonne of lithium hydroxide per day, resulting in 365 tonnes per year. This will serve as a demonstration plant prior to full commercialization. The entire process from raw brine to refined lithium product is anticipated to take under six hours, which is a vast improvement on the current industry standard of 18 months.
The global demand for lithium is forecasted to grow by ten per cent, per year, between 2019 and 2024 due to the expanding use of rechargeable lithium ion batteries in electric cars and portable electronic devices. Lithium is identified as a critical mineral in the Canada-US Joint Action Plan on Critical Minerals Collaboration, as it has important applications in other advanced and clean technologies.
Batteries represent up to 45 per cent of the lithium market, but it is also used to produce glass and ceramics (up to 30 per cent) or greases and lubricants (up to 10 per cent). Both parties are working with the Government of Saskatchewan and will ensure that necessary environmental processes and other needed permits are completed through to commercialization.
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For more information, contact:
Ashley Schoff
Energy and Resources
Regina
Phone: 306-787-5582
Email: ashley.schoff2@gov.sk.ca
https://www.prairielithium.ca/
"All this in Little Saskatchewan" "Or are we that Little" Mayor Harris
Events:
Preeceville & District Lions Club Chase the Ace - Minimum Jack-Pot is now at a $13,013.
Follow the Lions on Facebook: https://www.facebook.com/PreecevilleChaseTheAce/
The Town Newsletter for July/August has information about upcoming events. Previous newsletters can be found on the Recreation page.
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- And as always if you wish to have an event promoted visit and post it to our Community Events Calendar at www.townofPreeceville.ca
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