Thursday, August 07, 2008

Sask says no to native business subsidy

A hog plant project proposed by the Fishing Lake band in Saskatchewan won't be getting any help from the provincial government, according to the Saskatoon Star-Phoenix.

"We don't provide grants to any business. We aren't interested in subsidizing," said June Draude, First Nations and Metis Relations Minister.

That said, Big Sky Farms of Humboldt helped pay for a business plan for the hog plant. The province is a majority shareholder in Big Sky, with $27 million in equity. The hog industry is in tough times as feed prices are high.

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