Глобальный транспортный хаб Реджайны купит у Cargill участок земли за 10,6 млн долларов

The Global Transportation Hub Authority (GTH), just west of Regina, is set to shell out as much as $10,064,550 to buy 417.9 acres of land from Cargill. According to an order in council authorizing the sale, the minister responsible for the provincial Crown Corporation has approved the purchase. The land being bought is adjacent to the hub’s current footprint and includes the rail spur and site improvements that were developed by Cargill, and the direct connections to CN and CPKC rail lines, as well as land to support the rail alignments. Read more: - GTH president says hub wasn’t competing with city on Costco land deal - Provincial auditor finds processes caused costly delays in GTH land deal - VIDEO: Amazon to arrive on doorstep of Regina’s industrial sector In 2022, the sale of 247 acres of land from the GTH to Cargill was approved for $38 million for its canola crush facility. After some delays, that facility opened in April this year. Cargill referred questions about the land sale and its operations back to the GTH. The GTH authority said buying the land won’t change the footprint of Cargill’s facility, and those operations will continue as planned and continue to use the infrastructure that was developed. According to a statement from the GTH’s president and CEO, Daniel Hersche, the hub is buying the land to follow through on existing commitments and keep the infrastructure public. “Owning this land means the province can protect and grow this major industrial site and make it easier for Saskatchewan products to move to market,” wrote Hersche. “It also ensures southern Saskatchewan can continue to attract new investment, create jobs and support growth in our value-added agriculture sector.” The land that was sold to Cargill in 2017 was the first parcel to be sold at the GTH in five years. In 2019, the provincial government brought in a private company to manage the land at the hub. The GTH has been going through some financial struggles, but for the 2024-25 fiscal year it reported a net income of $1.82 million. The hub said the purchase of the land will be done “within the GTH’s existing budget and funding approvals.”