New canola crusher slated for Regina’s Global Transportation Hub – Regina
It took five years, but the Global Transportation Hub (GTH) will finally have a new tenant.
The province has approved a $38-million land sale between the GTH and Cargill.
The sale will see Cargill build a $350 million canola crusher at the GTH.
The 247-acre plot is the first piece of land the government-owned industrial park in Regina has sold since 2017.
Saskatchewan Crown, Global Transportation Hub accrues $46 million in debt
According to their 2019-2020 financial statement, the GTH’s debt is over $46 million.
SaskBuilds minister Jim Reiter is confident this deal will get the hub back