Summary

Saskatchewan Forum 2012 Saskatchewan Forum 2012 by The Conference Board of Canada

Front cover photos Left: Wilton Angus, Client/Employee Liaison, Athabasca Labour Services Ltd. Middle: Marion Zerr, Special Advisor to the Deputy Minister, Executive Council, Government of Saskatchewan; Nancy E. Hopkins, Partner, McDougall Gauley LLP Right: Mo Bundon, Senior VP and COO, Harvard Developments Inc.; Mark Hustak, Executive Partner, Paradigm Consulting Group Inc.; Reg Robinson, Managing Partner, Solvera Solutions

About The Conference Board of Canada

We are: • The foremost independent, not-for-profit, applied research organization in Canada. • Objective and non-partisan. We do not lobby for specific interests. • Funded exclusively through the fees we charge for services to the private and public sectors. • Experts in running conferences but also at conducting, publishing, and disseminating research; helping people network; developing individual leadership skills; and building organizational capacity. • Specialists in economic trends, as well as organizational performance and public policy issues. • Not a government department or agency, although we are often hired to provide services for all levels of government. • Independent from, but affiliated with, The Conference Board, Inc. of New York, which serves nearly 2,000 companies in 60 nations and has offices in Brussels and Hong Kong.

©2013 The Conference Board of Canada* Published in Canada • All rights reserved Agreement No. 40063028 *Incorporated as AERIC Inc.

Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice. CONTENTS

Saskatchewan Forum 2012 ...... 5 Overview ...... 5 The Design of the Saskatchewan Forum ...... 6 The Agenda at a Glance ...... 8 Key Observations ...... 10 Actionable Next Steps ...... 12 Appendix A: Program Director and Advisory Group ...... 13 Appendix B: Complete Agenda and Session Descriptions ...... 14 Appendix C: Economic Forecast and Social Outlook ...... 18 Appendix D: Keynote Remarks—Andrew Mackenzie of BHP Billiton . . . . 20 Appendix E: Keynote Remarks—Premier Brad Wall ...... 28 Appendix F: Delegates ...... 35 Appendix G: Sponsors and Supporters ...... 41 Acknowledgements This summary was prepared by Jessica Brichta, Research Associate, and Diana MacKay, Director, Saskatchewan Institute.

About The Saskatchewan Forum The Saskatchewan Forum is an annual flagship conference taking place each May in the province. The Forum gathers leaders to consider the key issues affecting Saskatchewan’s future prosperity, and it is closely associated with the Conference Board’s Saskatchewan Institute. For more information about the Saskatchewan Forum, visit: www.conferenceboard.ca/conf/13-0045/default.aspx.

About The Saskatchewan Institute The Saskatchewan Institute is a major initiative of The Conference Board of Canada that focuses exclusively on issues that are relevant to Saskatchewan. The Institute brings together the Conference Board’s full range of expertise in economic analysis and forecasting, public policy research, and organizational performance to address themes of leadership, governance, innovation, competitiveness, and more. The Institute is working with partners in Saskatchewan to produce research that will help public and private sector leaders sharpen their vision for Saskatchewan’s future and find solutions to the challenges they need to address. For more information about the Saskatchewan Institute, visit www.conferenceboard.ca/SI.

4 | Saskatchewan Forum 2012: Summary Saskatchewan Forum 2012

Overview On May 29–30, 2012, in Regina, The Conference The Saskatchewan Forum also served as a launch for Board of Canada convened the first annual Saskatchewan the Saskatchewan Institute, a major new initiative of Forum. The event drew together national, international, the Conference Board in collaboration with key part- provincial, and Aboriginal thought leaders, decision- ners in the province. The strategic connection between makers, and influencers to explore issues relevant to the Saskatchewan Forum and the Saskatchewan Saskatchewan’s future. The Forum’s objective was Institute creates a vital link with the research agenda to bring together leaders to consider Saskatchewan and delivers on the need for evidence-based decision- strategic directions. making on the issues.

Strong engagement from key advisors, financial spon- sors, and event partners enabled the conceptualization, planning, and delivery of a world-class event. About 230 leaders involved in issues affecting Saskatchewan’s future contributed to the discussions and created the potential for impact.

A Conference Board Flagship Event

Saskatchewan Forum 2013 May 14–15, 2013, Hotel Bessborough, Saskatoon The world wants what Saskatchewan has... but more importantly, No other event brings together as broad a range of key stakeholders or facilitates Saskatchewan has what the world needs! a more holistic view of the province. Demand for Saskatchewan’s abundant resources is projected to remain strong; and for the foreseeable future, the world will want to do business with Saskatchewan. And with Register today . Space is limited! strong institutions, stable politics, and a capacity to absorb a larger workforce, the province For details on the Forum or to register, has incredible growth potential. But with growth comes both opportunity and risk. visit: www.conferenceboard.ca/conf Join over 200 Canadian, international, provincial, and Aboriginal thought leaders, decision-makers, and influencers to discuss the top issues affecting Saskatchewan’s Or contact: future, focusing on two key themes: Tracie Jones [email protected] Managing the Relationship With China and Investing in Cities and Communities . 613-526-3090 ext. 286

The Conference Board of Canada | 5 The Design of the the workforce, immigration policy and programs, and the strategic alignment of the education system with Saskatchewan Forum Saskatchewan’s needs. The world wants what Saskatchewan produces. Theme 2: Building the Conditions for Sustainable Saskatchewan has one of the strongest economies in and Inclusive Growth Canada, record low unemployment, and population Topics in this theme included: growth higher than that of any other province. A lot has • identifying Saskatchewan’s next infrastructure changed in recent years, and it is clear much more will investments; change in the future. • harnessing the policies that attract new capital; and The Saskatchewan Forum was designed to enable • building a creative and innovative economy. leaders to consider: Saskatchewan has long experienced the cyclical nature • how Saskatchewan can take full advantage of its of a commodity-based economy. Creating and managing good fortune and ensure lasting prosperity for its the conditions that will create sustainable and inclu- citizens and businesses; sive growth is a top priority. To do so, leaders need to • what policy and planning decisions are required consider which strategic investments are required first, now to capitalize on the boom; and and which marketplace signals will encourage infusion • what investments are needed in the short term of new capital and diversification of the economy. The and beyond. smart development of Saskatchewan’s cities and communities will be a major element of success. Two Major Themes Three Questions for Delegates The first Saskatchewan Forum focused on two funda- mental challenges that need priority attention in order The Forum challenged delegates to answer for the province to build and maintain prosperity. three questions: • What is your vision for Saskatchewan 10 years Theme 1: Investing in the Future Workforce from now—in 2022? of Saskatchewan • What must happen in the next three years? Topics in this theme included: • What are the longer-term implications—out to 2050? • understanding Saskatchewan’s changing labour markets; These questions formed the basis for discussion at • driving successful Aboriginal engagement in the event, with an emphasis on interactive and the workplace; constructive exchange. • immigration policies and programs—achieving excellence in outcomes for firms, communities, and newcomers; and • Saskatchewan’s education system—teaching literacy, building skills, and learning for a lifetime.

Two of the greatest immediate challenges for Saskatchewan are the continuing development of home-grown talent, and the integration and attraction of new workers to fuel the growing economy. This theme enabled delegates to explore elements of the province’s human capital development strategies and the ways they are responding to rapid changes in demand for labour and skills. Specific sessions drilled into what’s working, what more can be done, and who needs to lead in areas such as Aboriginal engagement in

6 | Saskatchewan Forum 2012: Summary Diana MacKay, Director, Everybody thinks that Saskatchewan’s Saskatchewan Institute and Forum, “ The Conference Board of Canada; arrived. However, my concept is that we Robert Watson, President and CEO, SaskPower; Tammy Cook-Searson, haven’t arrived. Nor should we ever consider President, Kitsaki Management; Vianne Timmons, President and ourselves arrived. We should always be Vice-Chancellor, University of Regina; Steve McLellan, CEO, Saskatchewan Chamber of Commerce; Michael planning for the future, always planning to Bloom, VP Organizational Effectiveness and Learning, The move this thing forward…. Every single Conference Board of Canada person in this province, in this room, is a stakeholder in what the future is and we need to participate. ” —Robert Watson, President and CEO, SaskPower

The Conference Board of Canada | 7 The Agenda at a Glance Presentations and Dialogue on the Issues The Saskatchewan Forum’s Advisory Group helped Throughout the day, speakers and delegates explored shape a two-day agenda that framed the two main the two key themes in depth: investing in the future themes and shaped the discussions. workforce and creating the conditions for sustainable and inclusive growth. Objectives of Day 1 Prominent business leaders formed a dynamic panel, The objectives of the first day were: presenting their views on the state of the business • to learn about the Conference Board’s economic environment in the province and the issues of major forecast and social outlook for Saskatchewan, and concern. A set of luncheon keynote speakers pre- their implications for the short, medium, and long sented views on the roles of government and business terms; in driving economic development. One workshop explored the critical objectives of training and educat- • to hear from business leaders from Saskatchewan ing Saskatchewan’s population, closing the education and across Canada about the current economic gap often experienced by Métis and First Nations climate and the forces driving decisions in their youth, encouraging Saskatchewan’s expatriate popula- firms; and tion to return, and attracting immigrant newcomers. • to discuss issues and policy areas requiring Another focused on how the conditions for growth can priority attention. be strengthened by identifying modifiable features of Saskatchewan’s economic landscape, understanding the Opening Sessions: The Economic Forecast role of infrastructure investments, attracting new capital, and Social Outlook and diversifying and building a creative economy. The Conference Board kicked off the Forum with Introduction of the Saskatchewan Institute sessions on the economic forecast and the social outlook. The economic forecast focused on major components The final plenary session of the first day introduced a of the provincial economy within the context of global, Conference Board initiative to support research and national, and sector-by-sector trends, including demo- action on issues identified for attention. graphics and labour market developments, cash flows, business investment, consumer expenditures, trade, The Saskatchewan Institute monetary and fiscal policy, and more. The Saskatchewan Institute is a major research The social outlook for Saskatchewan, focusing on a initiative that brings together the Conference Board’s 10-year horizon, examined the human, community, and full range of expertise in economic analysis and social capital building blocks of a prosperous society. forecasting, public policy research, and organizational The outlook included a 10-year forecast of trends in performance to address themes of leadership, gov- education, housing, health, social safety nets, and more. ernance, innovation, competitiveness, and more. The It also explored the potential costs of failing to plan Institute works with partners to produce research that for the social consequences of rapid growth—and the helps public and private sector leaders sharpen their benefits of getting it right. vision for Saskatchewan’s future and find solutions to the challenges they need to address.

Both sessions addressed the challenges and opportun- Developed in partnership with the University of Regina ities of doing business in Saskatchewan in the decade and the University of Saskatchewan, as well as key invest- ahead. Delegates considered the roles business and ors from business, government, and communities, the government play in driving economic growth, including Saskatchewan Institute delivers a program of research the dynamic relationship between business enterprises that responds to issues arising at the Forum and informs and government policies and programs that contribute the direction of future dialogue and investments. to sustainable and inclusive economic growth.

8 | Saskatchewan Forum 2012: Summary Reception, Dinner, and Keynote Presentation Objectives of Day 2 The day concluded with a gala reception and dinner The objectives of the second day were: at the University of Regina, featuring a keynote address • to stimulate creative thinking about the “realm of involving one of the most prominent global corporations the possible” for the future of Saskatchewan’s labour making large investments in Saskatchewan. Andrew market, and for the people and organizations driving Mackenzie, Group Executive and Chief Executive Non- the province’s economic and social potential; and Ferrous of BHP Billiton, delivered keynote remarks • to gather input from delegates and collect answers on the topic “The World Is Hungry for Saskatchewan’s to the three questions listed on page 6 of this Resources: Are We Ready to Deliver?” summary. The key messages included: Presentations and Dialogue on the Issues • Saskatchewan enjoys tremendous opportunities, but the province must ensure competitiveness in order Concurrent sessions on the second day explored the to participate fully in the global economy; implications of rapid growth for Saskatchewan. One • building the right collective partnerships and devel- session explored the challenge of being nimble and wise. oping resources for the benefit of all Saskatchewan Discussion focused on the issues facing leaders residents will bring prosperity; in Saskatchewan as a growing number of major infra- structure, resource, and innovation investments get • continued productivity growth requires the right under way. Speakers commented on how firms should skills at the right time, and regulation and tax manage day-to-day operations while also investing in systems that are transparent, simple, and stable; transitional and next-generation technologies. They • businesses need to reach out to Aboriginal identified strategies for business, government, and aca- communities and to foster high standards of health, demic partnerships to achieve optimal flexibility safety, environmental protection, and community in action, including ways to manage intellectual care; and property issues. • the best way for the world to get the majority of the new potash mines it needs is to invest in Another session weighed the need to strike a balance Saskatchewan. among multiple economic and social objectives. Discussion centred on promising partnerships that Full details of the keynote are in Appendix D. demonstrate how Saskatchewan can balance economic growth with important social, cultural, and environ- Saskatchewan’s growth potential is going to be mental objectives, such as stewardship of its natural “ human resource constrained…. Saskatchewan is resources and collaboration with growing Aboriginal set for a period of great prosperity, but the break populations. on this is going to be access to talent—having the A dynamic and interactive plenary session involved right human beings … because you’re not going to a panel selected from the next generation of business be constrained in terms of resources, in terms of leaders in the province. The panellists presented their possible investments. Your challenge is going to be experience with rapid growth, including business finding the skilled people to do the work to allow practices that attract talented and loyal employees. firms and governments to actually optimize their performance. ” —Glen Hodgson, Senior Vice-President and Chief Economist, The Conference Board of Canada

The Conference Board of Canada | 9 Keynote Remarks by Premier Brad Wall Key Observations The final session of the Forum presented an The Saskatchewan Forum was designed to attract the top opportunity for engagement on the issues with business, government, academic, and community leaders Saskatchewan’s premier. In his keynote remarks on in the province. They came—more than 200 of them. “Real Growth, Real Opportunity,” Premier Wall shared Many delegates noted that so many influential leaders his plans for the next four years and discussed how coming together to consider the province’s future was a steps the Government of Saskatchewan is taking in the welcome development. Global and local business leaders short term will affect long-term outcomes. His remarks meeting with government and community leaders— are captured in Appendix E. including representatives of Aboriginal communities— was a timely development amid the rush of change. Having the Premier attend and signal his enthusiasm for the Forum’s concept of a united Saskatchewan moving forward was especially important.

Presentations and discussions at the Forum led to several conclusions about Saskatchewan’s current positioning for growth, the values stakeholders wish to uphold, and the short- and long-term goals that will determine future directions.

Delegates confirmed that Saskatchewan needs to observe several important principles.

Premier Brad Wall 1 . Be Strategic Saskatchewan needs to examine issues, challenges, and Conclusions opportunities affecting its future. Building on its vision To conclude the Forum, the four co-chairs summarized for growth, the province should determine which steps it the key takeaways of the event. Vianne Timmons of should take in the next 1 to 2 years to achieve its vision, the University of Regina, Robert Watson of SaskPower, as well as the implications that will arise over the next Tammy Cook-Searson of Lac La Ronge, and Steve 25 or more years. These long-term implications include McLellan of the Saskatchewan Chamber of Commerce the expected impacts of growth and development on highlighted the issues requiring follow-up action and demographics, education, health care, housing, infra- discussed what delegates can expect to happen as a structure, and environmental protection. result of the Forum. 2 . Take a Holistic Approach There has never been a better time in our history Saskatchewan must examine the full range of challenges “ of our province … to advance a transformational and opportunities related to sustainable prosperity, and vision for 2022. We have a second-term government then develop scenarios and options for policies and with tremendous popularity, a reasonable tax strategies that reflect the relationships among all factors. regime … great private sector growth, and an Leaders should take an interdisciplinary approach that considers cross-cutting themes and examines the international stage. And we have the beginning in correlations among them. They must facilitate col- a change in attitude. ” laboration among stakeholders, while considering the —Mo Bundon, Senior Vice-President and COO, optimal roles of industries, governments, educational Harvard Developments Inc. institutions, and communities.

3 . Promote Engagement Success involves bringing together business, govern- ment, and community leaders, including Aboriginal leaders, to jointly identify challenges and opportunities, gain knowledge, and develop insights into ways to

10 | Saskatchewan Forum 2012: Summary meet challenges and realize opportunities. Tapping the expertise of many people will enable smart decisions that drive inclusive growth.

4 . Collaborate With Aboriginal Leaders Aboriginal leaders in all parts of the province—north, south, east, and west—play a vital role in the province’s economic and social development. How businesses, governments, and educational organizations work with these leaders and their communities will have important consequences for the future workforce and desired outcomes. Donald Atchison, Mayor, City of Saskatoon takes to the microphone 5 . Integrate Local, Regional, National, during the question and answer period. and International Dimensions Saskatchewan has local, regional, national, and inter- • Saskatchewan is interested in balancing national economic influence. The province is a source economic and social growth. Leaders in of many of the world’s key natural resources. The fact Saskatchewan emphasized the importance of that Saskatchewan is the world’s largest producer of an considering not just the economics of growth, but important mineral—potash—is a good illustration of also the broader principles of justice, environmental the province’s global impact. Understanding the local sustainability, and social well-being. Saskatchewan’s and global impact of Saskatchewan’s economy will history has generated a natural inclination toward be important to the future economic forecast and equitable and inclusive growth. However, with this social outlook. source of strength come caveats. Many of Saskatchewan’s prized organizational structures, 6 . Be Action Oriented such as cooperatives and an extensive array of Crown corporations, may not be well positioned to The Saskatchewan Institute addresses issues from a bring Saskatchewan into the global marketplace. “can do” perspective, building on areas of agreement The need for new capital, on a scale that is not rather than conflict. Visualizing the future and available in Saskatchewan, may be a bigger problem identifying gaps are ways to point research in the than leaders recognize. This capital includes both right direction. The Institute works closely with all financial capital and human capital, as well as a Saskatchewan stakeholders to develop scenarios for wide array of innovation skills. Achieving the policies and strategies that lead to action. The Institute balanced growth that Saskatchewan desires will recognizes that businesses, governments, and com- require expert engagement, new partnerships, munities are all important partners in building sustain- organizational adjustments, cultural shifts, and able prosperity, and that strategic collaboration yields the full participation of all Saskatchewanians in powerful results. the process. The Forum produced two additional important Saskatchewan will benefit from careful analysis of observations. the issues. Building and maintaining momentum will • Saskatchewan is in a state of catch-up. As be a significant part of the Saskatchewan Forum’s Premier Wall emphasized at the Forum, initial impact. Saskatchewan was not fully ready for the current boom. The province had long experienced decline Saskatchewan can be Canada’s economic engine and had even become accustomed to it. The “ room for sustained growth—especially in light of province was not psychologically prepared for rapid projected demand for energy and food. With natural growth, nor were the skills of its people readied for resources in abundance and innovations in the major new investments and the development of a agri-food sectors, the scope for global competitive knowledge-based economy. In the short term, advantage is clear. Saskatchewan must catch up and ready itself for ” more growth. —Michael Bloom, Vice-President, Organizational Effectiveness and Learning, The Conference Board of Canada

The Conference Board of Canada | 11 Actionable Next Steps

The Saskatchewan Forum showed the importance of a united Saskatchewan in which business, government, academia, and communities work together to shape the province’s future.

To capitalize fully on opportunities and to ensure continuing growth, leaders need to act—proactively, effectively, and with vision—on key priorities.

At the Saskatchewan Forum, delegates made it clear that the following actions must be taken.

1 . Develop strategic plans . 3 . Understand the global forces acting Saskatchewan’s rapid economic growth on Saskatchewan . caught the province by surprise. Many busi- The world wants what Saskatchewan ness and government leaders were unprepared produces. Global players are interested in for the new economic and social realities what Saskatchewan has to offer. However, accompanying rapid growth. These new changes in the international arena can quickly development plans must go beyond economic affect Saskatchewan’s position in the market- analyses; they must also include a broader place. Leaders need to know the global land- approach to Saskatchewan’s needs and incor- scape, be prepared to adjust to changes in it, porate social elements. The plans should be and strive to have the greatest possible impact widely developed in collaboration with all on the issues. business, government, and community stake- holders. Goals should be bold in aspiration but 4 . Create a more prosperous future also built on realistic projections about what for Aboriginal people . is possible in the short and long terms. Envisioning and creating a prosperous future requires the engagement of all of 2 . Cultivate a cultural shift . Saskatchewan’s key stakeholder groups, Saskatchewanians are community minded. including Aboriginal, community, labour, The province has long had the collective business, and government representatives. outlook and culture that stem from an agrar- Much more needs to be done—and quickly— ian economy. This community resolve will to ensure that education and training insti- continue to be a source of strength. However, tutions are working with business and more needs to be done to develop additional government to create the conditions that strength in the areas of competitiveness and will lead to improvements. productivity that will enable Saskatchewan to participate fully and well in the new 5 . Seek advice . economy. This means further developing the To take appropriate actions, governments, people, organizations, skills, and institutional businesses, and communities must have structures to attract global capital and foster a solid grasp of key issues influencing the confidence among investors. province’s direction. Supporting independ- ent research, such as that conducted by the Conference Board and the Saskatchewan Institute, will be important.

12 | Saskatchewan Forum 2012: Summary AppendicesAppendices

Appendix A: Program Director and Doug Emsley, President, Emsley & Associates Inc. Advisory Group Brett Fairbairn, Provost and Vice-President (Academic), The Saskatchewan Forum is the product of a Conference University of Saskatchewan Board team led by Diana MacKay, Director of the Board’s new Saskatchewan initiatives. As Program Grant Kook, President and CEO, Westcap Director, Diana was responsible for the overall design Management Ltd. and delivery of the Forum. Allan Morin, Vice-President, Métis National Council, The following individuals served as expert advisors. Saskatchewan Together with the Program Director, they ensured the delivery of a world-class event. Doug Richardson, Senior Partner, McKercher LLP

Norm Beug, Senior Advisor, The Mosaic Company Chris Ryder, Vice-President, External Affairs, BHP Billiton Canada Inc. Thomas Chase, Provost and Vice-President (Academic), University of Regina Steve Sousa, President and COO, SaskTel International

Tammy Cook-Searson, Chief, Lac La Ronge, and Victor Thomas, Executive Director, Aspen Medical President, Kitsaki Management Ltd. Canada Inc.

Donna Dressler, General Manager Strategic Relations – President’s Office, SaskPower

Doug Emsley, President of Emsley & Associates Inc., introduces The Conference Board of Canada’s Diana MacKay welcomes Premier Wall. plenary delegates.

“ Senior leaders from Saskatchewan’s public and private sectors as well as top representatives from cities and Aboriginal communities sat together in dialogue for two days. The Forum’s Advisory Group and our tremendous sponsors were key in making it happen. ” —Diana MacKay, Director, Saskatchewan Institute

The Conference Board of Canada | 13 Appendices

Appendix B: Complete Agenda and The Economic Forecast and Social Outlook for Session Descriptions Saskatchewan in 2022 The Conference Board presented an economic forecast To view the full agenda and to download for Saskatchewan to 2022. The outlook examined major available presentation materials, please visit components of the provincial economy, within the www.conferenceboard.ca/conf/12-0056/default.aspx. context of global, national, and sector-by-sector trends. These components included demographics and labour Day 1 Objectives market developments, capital flows, business invest- Key objectives of the first day of the Forum included: ment, consumer expenditures, trade, monetary and fiscal policy, and more. • learning about the Conference Board’s economic forecast and social outlook for Saskatchewan The social outlook to 2022 examined the human, and the implications for the short, medium, and community, and social capital building blocks of a long terms; prosperous society. This session presented a 10-year • hearing from business leaders from Saskatchewan forecast of education trends, housing, health, social and across Canada about the current economic safety nets, and more. It covered the potential costs climate and the forces driving decisions in their of failing to plan for the social consequences of rapid firms; and growth—and the benefits of getting it right. • discussing issues and policy areas requiring priority attention, particularly Speaker Introduction Steve McLellan, CEO, Saskatchewan Chamber of Commerce – investing in the future workforce of Saskatchewan, and Speakers – building the conditions for sustainable growth. Glen Hodgson, Senior Vice-President and Chief Economist, The Conference Board of Canada Welcome and Opening Remarks Presentation Materials Available: Opportunities Ahead The Saskatchewan Forum’s four co-chairs welcomed Dr . Michael Bloom, Vice-President of Organizational delegates for a day and a half of strategic dialogue on Effectiveness and Learning, The Conference Board Saskatchewan’s future. They highlighted the import- of Canada ance of considering the perspectives of all stakeholders Presentation Materials Available: Social Outlook and creating an environment for constructive inter- action and debate. The following people co-chaired Doing Business in Saskatchewan: Challenges the Forum: and Opportunities in the Decade Ahead • Robert C . Watson, President and CEO, SaskPower During this session, a cross-section of leaders from • Steve McLellan, CEO, Saskatchewan Chamber different sectors discussed their views on current and of Commerce foreseeable business conditions, including the expected business environment in Saskatchewan for the next • Vianne A . Timmons, President and Vice-Chancellor, 10 years, their views on the forecast and outlook, University of Regina and the way the challenges and opportunities driving • Tammy Cook-Searson, Chief, Lac La Ronge, and Saskatchewan’s future will play out for businesses President, Kitsaki Management Ltd. operating in the province.

Moderator Ron Styles, President and CEO, SaskTel

Panellists Robert C . Watson, President and CEO, SaskPower Gavin Semple, Chairman, Brandt Group of Companies Lorne Hepworth, President, CropLife Canada

14 | Saskatchewan Forum 2012: Summary The Roles of Business and Government Panellists in Driving Economic Development Greg Miller, Assistant Deputy Minister, Saskatchewan Ministry of Education This session presented two views on the dynamic Presentation Materials Available: Student relationship between business enterprises and government Achievement Initiative policies and programs that contribute to sustainable and inclusive economic growth. Steve Sousa, President and COO, SaskTel International

Moderator Gerry Stroshein, President and Owner, Trimension Sharon Lee Smith, Assistant Deputy Minister, Western Training & Consulting Group Inc. Economic Diversification Canada Presentation Materials Available: Investing in the Future Workforce of Saskatchewan Speakers Chris Dekker, CEO, Enterprise Saskatchewan Building the Conditions for Sustainable Growth Presentation Materials Available: Real Growth. Real Opportunity. Saskatchewan has experienced growth before—but also periods of economic decline. This session asked: “What Tim Gitzel, President and CEO, Cameco are the modifiable features of the Saskatchewan economic Presentation Materials Available: Power On landscape that can be created, influenced, or managed by stakeholders?” The discussion considered the role of Investing in the Future Workforce infrastructure investments, the attraction of new capital, of Saskatchewan and strategies to diversify and build a creative economy.

Employers in Saskatchewan—large and small—need Moderator workers who have the required qualifications and skills. Dan McMurtry, President and CEO, ISM Canada This session explored how stakeholders in the education system—from pre-school through elementary school, Speaker high school, post-secondary education, and workplace Mo Bundon, Senior Vice-President and COO, learning—must align their efforts to sustain, grow, and Harvard Developments Inc. optimize the workforce. It also considered the role that immigration and foreign credential recognition can play Panellists in supporting workforce development. Susan Jane Gorges, CEO, SpringBoard West Innovations Inc. Presentation Materials Available: Saskatchewan 2022 The session began with a presentation of the province’s three-pronged strategy of: John Law, President and CEO, Global Transportation • training and educating the current population, with Hub Authority an emphasis on closing the education gap often experienced by Métis and First Nations youth; So What? Now What? • encouraging the return of Saskatchewan’s expatriate In this highly interactive session, Michael Bloom and population; and Glen Hodgson from the Conference Board engaged • attracting immigrant newcomers. delegates in articulating the next steps for action. Delegates were invited to comment on the highlights of the first day and the issues requiring follow-up action. Moderator Thomas Chase, Provost and Vice-President (Academic), University of Regina

The Conference Board of Canada | 15 Appendices

Dinner and Keynote Presentation: The World Implications of Rapid Growth for Is Hungry for Saskatchewan’s Resources . Saskatchewan: The Challenge of Being Are We Ready? Nimble and Wise BHP Billiton’s strategy for investment in Saskatchewan Major infrastructure projects combine tried-and-tested and its impact on global economic activity were technology with new, cutting-edge advancements. highlighted in this presentation by one of BHP’s senior This session explored some of the issues leaders in leaders, Andrew Mackenzie. Saskatchewan are facing as a growing number of major infrastructure, resource, and innovation investments get Welcoming Remarks under way, including how firms should manage day-to- Thomas Chase, Provost and Vice-President (Academic), day operations while also investing in transitional and University of Regina next-generation technologies; how business, government, and academic partnerships can achieve optimal Keynote Speaker flexibility in action; and how we can best manage Andrew S . Mackenzie, Group Executive and Chief Executive intellectual property issues. Non-Ferrous, BHP Billiton Presentation Materials Available: Saskatchewan’s Moderator Resources Boom: Opportunities and Implications Mike J . Monea, President, Carbon Capture and Storage Initiatives, SaskPower Closing Remarks Presentation Materials Available: The Challenge Michael Atkinson, Executive Director, Johnson-Shoyama of Being Nimble and Wise Graduate School of Public Policy Panellists Day 2 Objectives Dennis Fitzpatrick, Vice-President (Research), Key objectives of the second day of the Forum included: University of Regina • stimulating creative thinking about the “realm of the possible” for the future of Saskatchewan’s labour Iain Harry, Vice-President, Crown Sector Initiatives, Crown Investments Corporation of Saskatchewan market, and the people and organizations driving the province’s economic and social potential; and Jerome Konecsni, President and CEO, • gathering input from delegates and collecting Innovation Saskatchewan answers to the three forum questions: Presentation Materials Available: The Challenge – What is your vision for Saskatchewan 10 years of Being Nimble and Wise from now—in 2022? – What must happen in the next three years? – What are the longer-term implications— out to 2050?

16 | Saskatchewan Forum 2012: Summary Implications of Rapid Growth for Saskatchewan: Real Growth, Real Opportunity Saskatchewan: Striking a Balance Among “Simply put, our vision is that Saskatchewan will be Multiple Objectives the best place in Canada—to live, to work, to start a Saskatchewan is, and must remain, a special part of business, to get an education, to raise a family, and to Canada. As the steward of tremendous natural resour- build a life.” This is how Premier Brad Wall expressed ces, and the home to a large and growing number of his vision through his government’s 2011 Speech from Aboriginal people, how should Saskatchewan balance the Throne. Delegates were invited to reflect on the economic growth with so many other important social, Premier’s plans for the next four years and on the way cultural, and environmental objectives? This session steps the Government of Saskatchewan takes in the short explored examples of promising partnerships in action. term are expected to affect long-term outcomes for the province. Moderator Douglas B . Richardson, Senior Partner, McKercher LLP Welcoming Remarks Doug Emsley, President, Emsley & Associates Inc. Panellists David Belof, Senior Manager, Performance and Technology, Keynote Speaker KPMG Hon . Brad Wall, Premier, Government of Saskatchewan Presentation Materials Available: Real Growth, Clément Chartier, President, Métis National Council Real Opportunity (See Appendix E for a transcript of the premier’s keynote address.) Lester D . Lafond, President, Lafond Insurance & Financial Services Ltd. Closing Remarks Grant J . Kook, President and CEO, Westcap Management Ltd. Lessons in Growth From Those Who’ve Experienced It The Saskatchewan Institute With growth come both challenges and opportunities The Saskatchewan Institute is a major new initiative of for Saskatchewan. For high-growth companies, success The Conference Board of Canada that focuses exclusively comes most readily when the business environment on issues relevant to Saskatchewan. This multi-year optimizes all that Saskatchewan has to offer. For project brings together the Conference Board’s full high-growth cities and communities, success means range of expertise in economic analysis and forecasting, making investments to avoid the potentially negative public policy research, and organizational performance consequences of unplanned crowding. This session to address themes of leadership, governance, innova- explored what stakeholders can do to prepare for tion, competitiveness, and more. sustained and inclusive growth. Discussion among panellists and delegates drew on the lessons of experi- The Institute is working with partners in Saskatchewan ence evident from Saskatchewan’s current boom, as to produce research that will help public and private well as lessons from other jurisdictions around the sector leaders sharpen their vision for Saskatchewan’s world that have experienced rapid economic growth. future and find solutions to the challenges they need to address. Moderator Victor T . Thomas, Executive Director, Aspen For more information about the Saskatchewan Institute, Medical Canada Inc. visit www.conferenceboard.ca/si/default.aspx.

Panellists Speaker Christopher Krywulak, President and CEO, iQmetrix Dr . Michael Bloom, Vice-President, Organizational Effectiveness and Learning, The Conference Board of Canada Jacob Pope, CEO, Aspen Medical Canada Inc. Presentation Materials Available: The Saskatchewan Institute

The Conference Board of Canada | 17 aPPENDICES

Appendix C: Economic Forecast By 2022, energy investment will likely be a third higher than it was in 2012, requiring a lot of resource, both and Social Outlook human and capital. Machinery and equipment invest- ments grew across the economy by 14 per cent in 2011, Saskatchewan’s Economic Outlook with firms working hard to adapt to the strong dollar The Conference Board of Canada’s Senior Vice- and become more internationally competitive. The President and Chief Economist, Glen Hodgson, potash industry will likely grow by double digits over presented an economic forecast for Saskatchewan to the next few years and the mining service industry is 2022. The outlook examined major components of the also growing. From 2015 onward, the service economy provincial economy within the context of global, will emerge as a strong source of ongoing economic national, and sector-by-sector trends. These components growth. The whole natural economy, therefore, has a included demographics and labour market developments, stake in investing in potash and the oil sands. capital flows, business investment, consumer expendi- Agriculture currently accounts for 1 per cent of tures, trade, monetary and fiscal policy, and more. Saskatchewan’s GDP, with fluctuations depending on international events, as well as wheat, beef, and Selected Highlights feedstock prices. Saskatchewan has a diversified Saskatchewan’s future looks bright. The province is resource economy, which is supported by a growing coming out of the recession with a small stock of debt service sector that requires investments in the entire and clear plans to get back to balance. Forecasts predict value chain. To create wealth and compete on a global that Saskatchewan’s economy will grow by 3.5 per cent scale, farm communities can build to scale and trans- again next year. Going forward, Saskatchewan needs to form themselves into agribusinesses. Saskatchewan allocate spending using a responsible fiscal structure that needs to keep rebranding and to educate the world on supports services such as education and health care. The its changing fundamentals. province currently has an unemployment rate below 5 per cent and is heading back to full employment Forecasts that combine both short-term and long-term as a natural economy. elements clearly show that Saskatchewan is experiencing a period of good economic growth, ranging from 3 to Two key variables that Saskatchewan can affect through 4 per cent annually over the next few years. However, policy and practice are internal demographics and the dragging impact of an aging workforce will have a interprovincial migration. Saskatchewan’s over-65 more noticeable effect around 2015. With its aging population is growing twice as fast (11 per cent between population, Canada as a whole will likely move to around 2 2006 and 2011) as the rest of the population (only 5 per per cent growth. Therefore, anything Saskatchewan can cent). Forecasts up to 2022 predict that the overall do to boost its growth potential by innovating, fostering population will grow by 150,000 people—nowhere near faster productivity growth, and attracting new workers the number the province needs to sustain its economic will help build its overall revenue base and maintain the growth. Demographic impacts will reduce the work- quality of life that Saskatchewanians want. force by half between 2015 and 2022. Additional interprovincial migration may push Saskatchewan into a What can Saskatchewan do collectively to try to raise net loss position around 2016, unless the province can growth potential? To ensure that it is creating more encourage more Canadians to settle in Saskatchewan. wealth on a sustained basis? To ensure that it has top-quality universities, colleges, health care systems, Disposable income is growing in line with employment and public services? Despite the challenges, the eco- growth; it will grow by 3 to 4 per cent in 2016. That will nomic outlook is positive for Saskatchewan, with a form a strong foundation for Saskatchewan’s retail sector, strong investment outlook in mining, energy, and which will grow by 3 to 4 per cent annually over the next infrastructure. However, aging demographics are few years. Like most Canadian provinces, Saskatchewan fundamental and undeniable. Going forward, relies on, welcomes, and integrates immigrants into its Saskatchewan’s challenge will be finding the workforce workforce for ongoing vitality and economic growth. to support and sustain its economic growth. The future will also be bright for oil and gas develop- ments if the province can attract the talent to run Saskatchewan’s Social Outlook drilling operations and related services. Dr. Michael Bloom—Vice-President, Organizational Effectiveness and Learning, at The Conference Board of Canada—presented the concept and some data for a

18 | Saskatchewan Forum 2012: Summary new suite of products relating to Saskatchewan’s social Why Would Someone Want It? outlook. Also focusing on a 10-year horizon to 2022, the Three groups of stakeholders can benefit from a robust outlook examined the human, community, and social social outlook. capital building blocks of a prosperous society. Components included benchmarks and trends in 1. Companies education, housing, health, social safety nets, and more. Companies are interested in long-term social trends It covered the potential costs of failing to plan for the because these trends shape the demand for goods and social consequences of rapid growth—and the benefits services. In addition, many firms develop and maintain of getting it right. community development programs. A social outlook would help these companies frame societal needs, Selected Highlights which are a key consideration in these programs. A social outlook analyzes and forecasts social trends— including demographics (e.g., aging, immigration, and 2. Governments household composition), individual attitudes (e.g., Governments have an obvious interest in society, social toward health, employment and financial well-being, trends, and social well-being. Governments exist in part social cohesion, and trust), aggregated social indicators to provide social services that the market does not (e.g., crime, education, environmental quality, and efficiently or effectively provide. A social outlook political participation), and overall life satisfaction and would support government efforts in two ways. happiness. It complements the Conference Board’s • First, by capturing the interactions and causal economic outlooks. relationships between social and economic indica- A social outlook is based on a model of interactions tors, a social outlook would provide governments among relevant indicators of overall life satisfaction with a clearer understanding of policy options, and happiness, as well as demographics, individual interactions, and potential outcomes. This would help attitudes, and aggregated social indicators. It enables governments to better target services and design reports on current and past trends, as well as future policies for maximum results. In other words, a projections. social outlook would provide a better foundation for policy-makers who aspire to a “whole of govern- Why a Social Outlook? ment” approach by offering a “whole of society” Decision-makers and citizens are interested in model on which to base thinking and policy design. knowing more than just how the economy is faring— • Second, a social outlook would provide governments they are also interested in how society is faring. The with a dispassionate and independent account of how concept of expanding definitions of national well-being well society is faring in light of both social and beyond pure economics is gaining traction. The Office economic trends, as well as policy interventions. for National Statistics in the United Kingdom. published 3. Civil Society its first annual Experimental Subjective Well-being Various organizations in civil society manage and Analysis in July 2012. And in Canada, the Centre for address societal ills and opportunities. A social outlook the Study of Living Standards and the Martin Institute would give them a better understanding of social trends for Competitiveness and Prosperity have made some and interactions; their implications for the challenges initial steps toward measuring and talking about and opportunities civil society organizations face; and happiness and social well-being as important indicators the effectiveness of past and current efforts. of how Canadians are doing.

Although others have attempted to augment the What Would They Do With It? economic perspective, the resulting lists of indicators Organizations can use the social outlook in very much were largely disconnected from each other and were the same way as the economic outlook, namely: often not forward looking. There is a need to develop • as a statistical basis to assess the state of society; indicators in a way that maintains the rigour, • to explore scenarios; comprehensiveness, integration, and forward-looking • to plan for the future; characteristics of economic data and models. • to prioritize social interventions; and • to assess the effectiveness of past and current social interventions.

The Conference Board of Canada | 19 appendices

Appendix D: Keynote Remarks— We’d like to thank the sponsors of the dinner: SaskPower, BHP Billiton, Cameco, Enterprise Saskatchewan, the Andrew Mackenzie of BHP Billiton Graham Group of Companies, IBM, ISM Canada, and the universities (of course) of Regina and Saskatchewan. We The World Is Hungry for Saskatchewan’s also want to recognize very important partnerships Resources . Are We Ready? with the Regina Chamber of Commerce, the Saskatchewan Chamber of Commerce (there’s Steve Welcoming Remarks McLellan right over there), and the Regina Regional Thomas Chase, Provost and Vice-President (Academic), Opportunities Commission (Larry Hiles, where are you, University of Regina Larry?—if you could just wave from the back of the Welcome, on this beautiful prairie evening, to the room) [applause]. University of Regina campus. We’re delighted to see such a large and distinguished crowd here. My name is Tom Thank you to you all and, again, thank you to everyone Chase. I’m the Provost and Vice-President (Academic). who is in attendance tonight at this key, crucial, and On behalf of the university and our president, Vianne (indeed, I think we would say) seminal event. Timmons—who as we speak is in the air back from Toronto, where today (as many of you know), she It’s a great pleasure now for me to turn to our distin- received a major award; she will be with us at the guished guest and our speaker tonight, and a pleasure session tomorrow—I welcome you to the university for me now to welcome Dr. Andrew Mackenzie to campus, again on (just look out the window there) an Regina. It’s a shame that we couldn’t welcome him with extraordinarily beautiful prairie evening. just slightly warmer weather. But as a good Scot, he’s accustomed to slightly chilly weather. And we do, I would like to extend a special thank you to our Andrew, have sunshine for you tonight after yesterday’s colleagues from The Conference Board of Canada, first rather lowland weather, so we’re glad to do that. of all to Anne Golden (Anne, could you please stand, so that people can see?) [applause], Michael Bloom (some Let me just tell you a few things about our very, very people haven’t seen you yet, Michael) [applause], Glen distinguished speaker. Dr. Mackenzie, after obtaining Hodgson (Glen, where are you?—yes, yes, notice the a B.Sc. in biology from the University of St Andrews on tie) [applause], and Diana MacKay [applause]. Thank the west coast of Scotland, went on to doctoral studies in you all for your tremendous work in hosting this event. chemistry at the University of Bristol in England. From Your partnership with us is extremely important and that university, also in 2011—this is a rare mark of we’re grateful to you. distinction, to receive an honorary doctorate from your alma mater, from the place where you received your I would also like to welcome some very important Ph.D.—he got an honorary doctorate in science in 2011 guests from the Government of Saskatchewan. Our new for his achievements, not only in business, but also Minister of Parks, Culture, and Sport, and also Minister in academia. of the Provincial Capital Commission, Kevin Doherty [applause]. I had to practise that portfolio description Drawing on the knowledge gained through his scholarly several times—it’s a long one. Also with us tonight, research, he went on to work for BP from 1982 to 2004 we’re delighted to welcome our Provincial Secretary, and served in many different roles around the world, Wayne Elhard [applause]. From the Saskatchewan including Group Vice-President for Technology and Power Corporation—our major sponsor tonight— Engineering and Group Vice-President for Chemicals. Robert Watson [applause]. From SaskEnergy, Ron He was Chief Executive of Diamonds and Minerals for Styles [applause]. Rio Tinto from 2004 to 2008, and since then he has taken on the dynamic and challenging role of Chief I think, as university people, it gives us particular Executive Non-Ferrous for BHP Billiton. He is also pleasure tonight to welcome the incoming president of a Non-Executive Director of Seneca PLC. our sister university, the University of Saskatchewan, Ilene Busch-Vishniac [applause]. Ilene, as anyone in In addition to holding one of the top executive positions Saskatchewan will tell you now, you don’t know what in this global company, Dr. Mackenzie has been widely you’ve gotten yourself into in this province. But we’re recognized for his academic work. He received the Frank happy to have you. Also, I want to welcome my Clark Medal of the Geochemical Society in 1993 and I colleague from the University of Saskatchewan, just asked him now, chatting during supper, what that Provost Brett Fairbairn [applause]. actually meant. That is for the best young geochemist in

20 | Saskatchewan Forum 2012: Summary the world. He also won the Aberconway Medal of the presentations during the course of today and I was Geological Society of London in 2002 for his role in even more encouraged by what I heard. developing new and successful tools for oil exploration. I think Sharon Lee Smith commented at lunch about the Now we all know—everyone in the room knows—that uniqueness of the partnership that appears to exist here resources are an important part of Saskatchewan’s between business and government—and, I would say economic landscape. Developing ways to extract these also, public corporations—and I think that’s true. I have resources while maintaining environmental sustainability a lot to do, as you can imagine, with such partnerships and responsible economic management are crucial for around the world. And I do feel that what we (and I do our province, and we’re very pleased to have include myself in that partnership) are creating here is a Dr. Mackenzie here to speak to us. source of real distinction—one that will attract the right kind of investment with the right intentions for decades to Recognizing that petroleum and other resources are part come, and will serve Saskatchewan (all of Saskatchewan), of the future of our province, the University of Regina Canada, and the world very well. So I am excited about has taken the lead in training the next generation of contributing to Saskatchewan. geologists and scientists. Our petroleum engineering program is one of the largest accredited petroleum I think that, unfortunately, the good news about the sun engineering programs in North America. We are also is that it’s very nice for me to look out at, but I’m not so now working with government and other partners such sure it’s so easy for you to see all of my slides as clearly as PTRC [the Petroleum Technology Research Centre]. as I would wish. But that’s not going to stop me from The national and provincial governments have recently speaking. I can manage without some of them. But what invested nearly a million dollars in PTRC and the U of I do hope you can see is that one of the things that makes R to study innovative recovery methods for oil and me very positive about Saskatchewan is what we’re gas production. doing here. My first slide, my title slide there, is a picture of our Jansen mine we are building in the centre We believe that partnerships between the universities of your province. I visited it yesterday under much less and government and the private sector, as we’ve talked favourable conditions. I’m sure they do that deliberately about all day long today, are important for the success to make sure that we keep the wage levels high and we of our growing resource industry and, indeed, for the see this as a hard posting [laughter]. Looking at this success and long-term future of our province as a whole, today, I see this slightly differently, and I’m hoping that and I’m sure that Dr. Mackenzie would agree. So, the more favourable conditions mean that we’re without further ado (to use a British phrase), I am cracking on with a lot of work that needs to be done to delighted to welcome to the podium, and ask you to join build the mine. me in welcoming, Dr. Andrew Mackenzie [applause] What you see there (at the bottom, if you can just make it out) is one of the shafts. We’re sinking two shafts, which— when they are finally completed—will reach a kilometre down to touch the Jansen ore body, and they will be capable of ultimately supporting a mine that will Andrew Mackenzie Group Executive and Chief Executive produce around eight million tons per annum of potash. Non-Ferrous, BHP Billiton Now that’s a little ways off yet—we have a lot still to do. But we are making great progress, and I’ll show you Keynote Remarks one or two pictures later on to convince you of that. Andrew Mackenzie, Group Executive and Chief Executive Non-Ferrous, BHP Billiton So, very much, my talk is that I feel part of Can I just say a big thank you to Tom for the tremen- Saskatchewan’s bright future and the challenges. Before dous introduction? I really appreciate that. But, above I heard [the discussions] today, I used the word “part- all, I appreciate being here. It’s an enormous privilege nership” perhaps a little more sparingly than I would to be able to address such a large gathering of such use [it now]. But what I’m really here to talk to you distinguished people here in Saskatchewan. I hope what about is what I think we bring to that partnership and will come through during my talk is that despite a how all of you in this room can build this collective relatively short association with your province, I feel a partnership to make it a great place, not just for us, but huge degree of warmth and attractiveness to it. I for Saskatchewan as a whole. listened to quite a lot of the discussions and the

The Conference Board of Canada | 21 appendices

As representatives of public corporations, we have to the same opportunities and challenges [there] of having put this disclaimer up. This disclaimer is mainly meant a resource boom (if you can call it that) or, certainly, to protect me from making too many forward-looking resource-inspired opportunity for growth. statements that you then hold me to account for when you buy and sell the shares of the company. This is a First of all, I’m going to look at the growth in demand for very forward-looking presentation, so it’s important that resources and what’s happening in our world, and we’ve we have that disclaimer up there. Because it’s a very heard a lot about that today. Then I am going to turn to forward-looking presentation, I’m not going to say the geological supply and its ability to meet that demand. much about the deal or the attempted takeover of I just want to leave you with a very simple message: Potash Corporation. That, to me, is very much in the nothing is running out—and I mean nothing, in both past. But I will just comment on one thing, which I Saskatchewan and Western Australia. So when people always find slightly intriguing. It is that at the end of the talk to you about the possibility of resource scarcity or old transaction, it felt on our side—and I am sure there what this is going to mean for the end of civilization as are people here in the room from Potash Corporation, we know it, I would tell them it’s nothing to do with and that it felt to them—a bit like a hundred-day war. I geology—it’s nothing to do with what’s underneath (if assumed that that was an extrapolation of the Hundred you like) the soil of Saskatchewan. It’s all about the Years War, which is a very important part of English failure of private industry—companies like us, and many history (I should say as a Scot). From the middle of the of the people in this room, and your equivalents around 14th century to the middle of the 15th century, there was the world—to forge the right kind of partnership in order this war fought between England and France (by the to develop those resources for the benefit of all of the way, the Scots were on the French side) that never citizens who live above them. That’s why having a seemed to come to a conclusion. And it ended, toward distinctive approach, such as the kind of approach that the end … with the notoriety of Joan of Arc. [we’ve heard about] at this conference, is so positive— not just for Saskatchewan, but also for the world. Well, I think it was a hundred-day war, but I am still intrigued that every time I come back to Canada—and I We also heard today a lot about population and population come a lot, believe me—it’s still on the front page. And growth. Going a little bit further back than the backward- I was not disappointed. I arrived on Sunday, I got myself looking front pages of The Globe and Mail, in 1798 it a copy of The Globe and Mail’s financial section, and was Malthus who said that population and living there it was. There was another article about the failed standards could not grow from about 1800 at all going takeover of Potash Corp by BHP Billiton. That’s now forward. The world’s population then was around a 500 days [laughter]. So maybe for the editors of The billion. He was convinced that the resources were Globe and Mail, it is going to be a hundred-year, not a running out—clearly, there was an absence of the right hundred-day, war. And somewhere there is a young kind of partnership—and that we really had to make do baby girl waiting (probably in Quebec) to take on the (as a world at that time) with what we had—not try to role of the latest Joan of Arc [laughter]. Anyway, back increase our numbers and certainly not try to increase to the future. our living standards. Even today (I’m sure every day since Malthus made that prediction), we have neo- This is my agenda. I’m going to be fairly brief, as I Malthusians all around the planet. I’m not one of them. would like to engage in some questions and answers. If there was such a political movement, I would be a I am mainly going to talk about potash as a way of cornucopian, and I think so far I’ve been proved right. talking about the opportunities for resources in this We’ve seen a population growth of nearly sevenfold fantastic province. But I could say the same things and since Malthus spoke and living standards have rock- give the same talk (and we had a bit of that from eted. Both will continue to rise and rise, in my view. Cameco at lunch) on uranium or petroleum. If you like, I have given other talks and there are things on our At the moment, probably the biggest phenomenon— website where we talk about other resources. But for which is driving the rise in living standards and, to some this evening, it will be mainly about potash. Also, extent, increasing our wealth and way of being—is the because it’s potash, it will mainly talk about urbanization that is happening in China. We spoke a bit Saskatchewan. But I do want, when I talk about my about that today, but it is a remarkable bit of progress recipe for future success, to draw a little bit from our that is going on right now. In the last 10 years, we have experience of investing in Australia. We have also faced seen about 170 million people move from the country to the cities in China. We spend a lot of time in China, and we’re fairly confident in predicting that that will

22 | Saskatchewan Forum 2012: Summary continue, albeit at a slower pace. But, in the next cent of the world’s steel-making. It is just now at the 20 years, we expect another 200 million Chinese to peak (if you like) of the steel age, because the urbaniza- move into cities, and that is fuelling a lot of the growth tion I described is very rapid. in demand for commodities. But as that passes into higher stages of GDP per head But it’s also leading to a bit of a change in how we see (higher wealth), people start to be more comfortable economic growth. One of the great things that we have with the infrastructure they’ve got, with the apartments done in the “cornucopian party” to prove Malthus wrong they’ve got and so on. They start living better and better is to produce decade after decade after decade in the lives with that infrastructure, and they demand a whole world of GDP growth of 2 per cent or greater, really lot of other things to do with the quality of life. A lot of since the 1900s. More recently, there has been a shift in it consumes a lot of energy (which I could have put on the make-up of this growth. There is a little bit of there—I have got electricity). More and more these a sort of sticker (or decal, as you would say in North days, we use more and more gadgets in our homes, America) that HSBC put on a lot of the jetways around which have a lot of copper in them, which is good for the world, which says that soon all economies will have us. Most copper is used for conducting energy—about merged, and probably all economies will have developed. 85 per cent.

For the purpose of this slide, we do have to acknow- And then there’s a later stage, when all that is gone and ledge that the West as we know it has seen a lower rate what is left is that people just want to eat better. They of growth and that its growth is being replaced by the want to perhaps industrialize less. Perhaps they don’t quite substantial growth that is happening in the want quite as many increases in living standards every so-called (soon to be changed, I think) developing year and want more gadgets (although that’s hard to economies of the world. In aggregate, that means that imagine). And the demand of a rising population, rising we continue to grow inexorably, probably more than we standards, is for a better quality of food and for more have (certainly in other parts of the 1900s). And it begs people to come out of poverty. That is something that the question: “Will the resources be there to create that almost never goes away. There’s more good news for growth?” But just think about, for a moment, the potash with that as well. Part of the reason that steel potential stress you would foresee: that, in the next and copper intensity starts to fall off is that once people 20 years, China and India’s GDP per head is likely to are more satisfied with what they’ve got, then they have a grow by as much as GDP per head grew in North greater stock, so there’s more recycling—that recycling America and in Japan in the last 30. And they’re going means there is less need to dig things up because most to do it for six times as many people. So this has big of the primary metals are produced through the implications for Saskatchewan, for potash, and for recycling process. many other resources, and the world is certainly ready for your resources. Are you ready? The even better news for potash is that you don’t recycle potash. Here you have something that people will What we do at BHP Billiton in trying to project demand always want at all phases, and it is not recyclable. going forward is we actually base a lot of things on models Increasingly, they would like to make sure that, with that are derived from the development of North America. demands for more and more food, agriculture is done in A bit of it is used in how we look to the industrializa- the most environmentally responsible way. How do we tion of Europe, but it’s easier because it happened a bit promote crop yields and so on, reduce deforestation and later for North America. We look at the pattern of so on, to produce all of that? It’s all one great good demand for some of the principal commodities in our news story for potash, and therefore for Saskatchewan. civilization. In this case, I’ve just chosen steel, copper, electricity, meat, corn, and soybeans—we say that the If you go to our website, we have quite a number of last two are surrogates for the demand for potash. What these plots on it, which look at the estimated available happens as economies evolve is that, when they first supply of a number of resources that are important for start to industrialize, generally, they build a lot of the development (if you like) of humankind. What I’ve infrastructure. They build apartments, they build done is I’ve just plotted, against where it comes from, bridges, and they build roads. That consumes—very the years of global supply—probably the easiest unit for rapidly—large amounts of steel, which is why right us to understand—for the major sources of potash now, China probably is responsible for about 60 per around the world. This assumes, essentially, that the ore bodies that have currently been recognized and have mines near them are mined to exhaustion. If you do

The Conference Board of Canada | 23 appendices that, what you end up with is about 500 years of supply of responsibility, as well as opportunity for those of us potash at current rates. That is a very low estimate, who are given the great privilege of thinking about how because we know that we will discover and find more we will develop Saskatchewan’s potash. potash going forward. You can look at the other charts on our website in the same way. So that’s really all I want to say about demand and supply. I now really want to talk more about “Are we up The other thing, of course you notice, is that by far and for it?” and “What is the basis of partnership?” There away, the biggest source of that potash is in Saskatchewan. were a lot of great things said today, listening to the talks. And the things that we’ve been talking about today, we’ll I want to start with people, because although there is an talk about tomorrow. Now, there are a couple of reasons abundance of natural resources in Saskatchewan, we for that. One is you have a lot of potash and the other is have to ask ourselves: “Are we doing the right things to that you have a lot of the right potash. So, if I might just get the right people, and to develop them wisely?” It’s give you a very short geology lecture for a moment, to here where I’d like to make Western Australia a bit of explain what is going on here: potash is produced by our guide. This is perhaps my most complicated slide the evaporation of ancient oceans. Almost at the final and I’m not going to go through all of the numbers—I’m point, when the last drop of water is disappearing toward just going to draw out a few things. Again, we’ll put the sun, the oceans rain potassium chloride and that this talk on our website in the next day or two, if you creates a potash deposit. That’s when its troubles are want to look at it in more detail. still yet to be encountered, because the problem with a lot of the potash beds as they’re laid down is that I think the first thing I wanted to say is that mining is a they’re almost like plastic. They are very easy to tremendously good business to have in your economy, deform, and so if there is any form of tectonic activity and not least here in Canada. In 2010, it added $36 (geological instability), the potash buckles up and billion of GDP and was responsible—directly—for over crumples and becomes very complex and wavy—and 300,000 jobs. Probably indirectly, the impact is twice that’s bad news for mechanization and bad news for that. I think this morning we heard from Glen Hodgson mining. The uniqueness of the potash here in that services and related services are very important— Saskatchewan is it’s thick, it’s the right quality, it’s flat, and they are because you can actually sell services to and it’s never been disturbed. So it’s much easier to think the rest of the world’s potash as well as you can sell of rapid mechanized mining that would reduce the potash. You can sell a lot of things to the world, so it’s a overall costs of producing that. That, to some extent, is very important part as well, and the contribution is your inheritance. Because of that, if done well (and the likely to be much greater. But now we come to the kind of world is going to need an awful lot of new potash workforce we need to make sure we create those mines)—if we get it right and we get the partnership industries, and I do now want to make the comparison right, the chances are that the lion’s share of all the new with Western Australia. potash mines that the world will need, to support the kind of growth that we think (in my cornucopian ears) Western Australia is based very much on, if you like, will happen, will be built in Saskatchewan. resources of iron ore and natural gas, principally liquefied natural gas—areas where we are very major But you know, the title for this talk (and I do want to participants in both and have been for several decades pull this out and read it) is, “The World Is Hungry for now. In the next five years, Western Australia foresees Saskatchewan’s Resources. Are We Ready to Deliver?” a shortfall of 150,000 mine workers. Canada only I’d like to change that a bit. It would be better said that requires 60,000 to 90,000 over the same period, if you the world would prefer to feed itself on Saskatchewan’s read off the chart that’s up there. So their challenge is, resources and that instead of asking, “Are we ready?” we in some ways, even greater than the whole of Canada’s. should ask, “Are we up for it?” Because even though it But things are already starting to become quite prob- is the highest bar on my graph there, there are other bars lematic for Western Australia, because perhaps there there that are quite high, which also have an upside to them. hasn’t been the partnership—there hasn’t been the And they will be developed instead of Saskatchewan’s planning—that I would advocate for us here now in if, in fact, we don’t get it right. And this won’t only be Saskatchewan. Half the vacancies that were a part of the bad for Saskatchewan; it’ll also be bad for the world, start of last year in Western Canada, on average, were because we will end up developing more expensive not filled by the middle of the year. Inflation, labour potash, which ultimately the world will have to pay for in inflation, is now rampant. These are difficult jobs and other ways. So there is a—if you like—a burden of people should be well paid, but underground drillers now in Western Australia make around about $200,000

24 | Saskatchewan Forum 2012: Summary a year and productivity is falling. That is one of the way you come up with permitting. I bring this in also as biggest anxieties that many mining companies have in an example of the kinds of regulations that we do seek. Australia—the falloff in productivity, not just in terms Of course, we do want those that are going to drive of dollars per ton, but actually people per ton. So, you toward the financial and productivity goals that I’ve can see, there is a big issue around getting the skills spoken about. available at the right time so that productivity should be growing, not falling. Of course we should pay top dollar But we actually do want to operate where the standards of for top skills, but not so it becomes borderline ridicu- competition in areas of health and safety for the lous in what we would say is the great order of things. workforce, and care for the environment, and the way that we look after communities (and we have very high So what are we going to do to avoid this in Saskatchewan? standards in our company) are the standards of There are plenty of solutions and all of the solutions that Saskatchewan, and where everybody works toward those I would want to talk to you about were on show today and standards. I say this for two reasons. One, it actually is will be tomorrow. But I would like to sort of change the good business. If you get this right, your productivity will emphasis a bit. Some things were said and were said well. grow, because people will be happy to work for you, and People talked about effective immigration. People talked, you will get greater respect and warmth from the obviously, about greater ease and less bureaucracy in community, and we’ll always stay in a partnership for moving people between Canadian provinces, and really longer. But the second reason is that it’s just the right (at the end of it all) people talked about reaching out to thing to do. Aboriginal communities. I would actually, from our perspective, put the priorities in the opposite order. I I have the privilege, not just of standing before you think Tim Gitzel from Cameco did that very, very well, today, but also of being the senior officer of a very and I would strongly endorse what he said. successful, large, international company that the world seems to like, on the whole (we do have our criticisms). I think we need to reach out to Aboriginal commun- We actually do bring a force for good, well beyond (I ities, because it is the one area of Canada that continues think) some of the financial benefits. We (I think), and to suffer from very high rates of unemployment and everyone in this room who is from BHP Billiton, see underemployment. They offer a captive (and I mean that that half their job is about doing the right thing in in a pleasant way) source of skills and resources that, if health, safety, the environment, and communities, and we get it right, is likely to be more permanent. And the other half is actually providing for the financial [reaching out to them] will deal with many of the social returns of our shareholders. We like to work in a place issues that Michael Bloom mentioned in his talk and where that is recognized and fostered. It is in some of the causes of high crime. I would argue that that Saskatchewan, and more regulation that enforces is where we should put our primary emphasis. We that—of the right kind and the right simplification— should do the other two things as well, but that I see is is something that we would welcome and talk to you perhaps one of the greatest opportunities. It’s a bigger openly and transparently about. opportunity than we had in Western Australia, because the communities are larger. But I would say to you, But there are some other things that we need to talk though, that the approach that you’re adopting to immi- about, in terms of partnership. There has been quite a gration and to cross-provincial movement seems to me a bit of discussion, again, about the involvement in infra- bit in advance of Australia’s, so lessons have been structure (particularly from the corporations here in learned and I think things are going in the right direction Saskatchewan—SaskPower, SaskTel, SaskWater) and, with perhaps a little more urgency. indeed, the regulation that fosters the creation of infrastructure. But a lot of the infrastructure will be built Next, I want to talk about regulation. Again, I think this by us, with our shareholders’ money. was well covered during the course of the day. We are not against regulation. We actually think regulation is a This is a mock-up of the port that we plan to build in powerful force for good, as long as it is good regulation Vancouver, Washington. We selected this site from 30 and simple regulation, and I do really stress simple here. candidates on the Pacific seaboard of Canada and the I would strongly welcome the last budget’s announce- United States, and this is a big investment for us. Others ment of the new Canadian Environmental Assessment have made it and will need to make it, but these are Act, which is very, very much designed to simplify the things that we are going to have to use to ship potash for 70 to 100 years. Obviously, it will be our money, but clearly we want the right work with the railroad

The Conference Board of Canada | 25 appendices companies and often with the port unions, in order to means that you are unquestionably the before-tax most foster that same sense of partnership as we create the competitive place for the world to produce potash. What infrastructure that is so important. I’ve also, I think, covered is that companies like ours, seeing this, are very happy to bring the things that we It is kind of remarkable that the strength of the geology of bring best: capital, technology, and rising standards in Saskatchewan and its competitiveness elsewhere means how we handle health, safety, the environment, and our that we have all of this potash a kilometre or more deep communities. That, I think, continues our ability to be underneath the Prairies, that we have to bring up a competitive and profitable, of course, on a before-tax kilometre and then ship by rail over the Rockies and basis. But now we need to work in partnership to make then into places like China. That is still competitive, sure that we can retain that benefit on an after-tax basis. relative to local supply. So we have to keep the infra- And have the right kind of working together in all of structure well so we continue to build on that the things that I have described. competitiveness. If we do all of that, then we can let the marketplace The final piece that I want to talk about, ever so briefly, decide. The marketplace will decide, and it should decide is tax. I don’t have a lot to add to what was said today. I under those circumstances that the best way for the world think it is important to get it right so that we are to get the majority of the new mines it needs in potash competitive after tax, as we can be competitive before tax. going forward is to invest in Saskatchewan. That’s what But, above all, we ask to be consulted. We ask for I’m looking forward to, because under those circum- transparency, simplicity, and finally stability. We don’t stances, I do believe we will have here in Saskatchewan necessarily have to have the lowest rate of tax, but we’d an opportunity to make a decent return for my share- surrender that for a sense of knowing that what we pay holders and for every Saskatchewanian to enjoy equally in tax today is what we will pay in tax in 20 or 30 years, high returns—both in kind and in financial terms—which or maybe (somewhat piously) in 70 years, when we’re is only right, because we as a company strongly believe still shipping potash through our port there. But that’s all that, ultimately, the resources that sit beneath the soil I want to say on that. Generally, I would say that we of Saskatchewan belong to the people of Saskatchewan. have found in our relationships with the current All we humbly seek is the opportunity to operate them government a real responsiveness to this and a real on behalf of the people of Saskatchewan in a way that understanding of getting the right balance here, and one gives our shareholders a good return and the best that we welcome and hope will continue. possible return for the people of Saskatchewan. Thank you very much [applause]. So I’m about ready to conclude and, as part of that, I did want to show you one other picture from our Jansen Closing Remarks mine. This is actually now down the shaft. It’s about 50 metres deep now and we’ll continue on for another Thomas Chase, Provost and Vice-President (Academic), University of Regina approximately 950 metres. The first bit is done in a To introduce the person who is going to thank our more sort of spoke way and is not that easy to automate, distinguished guest, I would just like to cite a so it’s fairly basic digging and lifting the thing to Saskatchewan success story—an educational success surface. But the next stage is much more highly story. About five years ago, a public policy school was automated and uses modern tunnelling technology, started as a partnership between the University of except in a vertical dimension. That equipment is Saskatchewan and the University of Regina. Public arriving on site. I saw some of it when I was there policy, as we heard today—good public policy, fact- yesterday. It will be assembled there and we’ll be based public policy—is incredibly important to the constructing the head frame, which will of course do a prosperity of the province. Since that school has lot of duty when the mine is ready. Its first duty will be started, it has graduated I don’t know how many to lower this equipment into the shaft and to create (very alumni, out working now in various parts of govern- quickly, we hope, if the technology works) a shaft that is ment and the civil service. It currently enrols more than capable of supporting a mine that at some point in the 200 students at the master’s and Ph.D. level. So to thank future will produce 8 million tons per annum of potash. our very distinguished guest, I am going to call upon First of all, let me say that I hope I convinced you the Executive Director of the Johnson-Shoyama Public that, here in Saskatchewan, the benefits of geology and Policy School, Michael Atkinson [applause]. everything you have done up to now are providing us with a productive and highly skilled workforce, which

26 | Saskatchewan Forum 2012: Summary Michael Atkinson, Executive Director, Johnson-Shoyama Tom has just mentioned in a small way what Johnson- raduate School of Public Policy Shoyama, this little public policy school, has done. Thank you very much, Tom. You know, I came to When people tonight came to me and said, “Where are Saskatchewan 13 years ago, and so I am a relatively you from?” part of me wanted to say, “The University of junior person like you, Andrew. We just arrived Saskatchewan,” because of course I am from the yesterday, compared to many of the people in this University of Saskatchewan. But another big part of me audience. But what I’ve heard today, I’ve heard so many wanted to say, “The Johnson-Shoyama Graduate times before in this province. I heard pride—pride in School, an undertaking of the two universities in the the province of Saskatchewan, all the things that we province to create a single school of public policy”— can do, pride in our community, and what we can and not an easy thing to do but a show, I think, of growing have accomplished. I also heard humility, as we have maturation, as universities and as a province. An ability challenges—we’ve big ones. Andrew scoped out some to recognize that, yes, there are competitive elements to of them for us and we talked about them today. what we do, but there had better be some collaborative elements, too. It’s a big world that we’re in. We’re not I heard determination in the face of those challenges— going to survive in it, we’re not going to prosper in it, determination to meet them head on. This is a largely unless we pull ourselves together with the determina- business community and it’s a community that I know tion I spoke about before. is used to competition, just as BHP Billiton is very much used to competition. But it’s also a community Andrew, thank you so much for the inspiration, for the that is capable of talking about collaboration and pride that I know you bring to your work on behalf of sensing that, together, we need to create some public BHP Billiton. Thank you to all of us here today for goods. That it’s not just governments that are going to expressing our willingness and our determination to create those public goods for us—we’re going to have to meet the challenges that you’ve identified. Thanks do some of that work ourselves. So there was a lot of for coming so far, thanks for everything that you’re talk today about getting together, collaborating, pulling doing for the province of Saskatchewan. Thank you, our act together, and doing things in a deliberate way. all [applause].

Andrew’s talk has reaffirmed that our competitive advantage—and it may seem a bit ironic—is in our collaborative capacity. If we together can see these problems, with the help of people who have experienced them elsewhere, we can get together and address them.

The Conference Board of Canada | 27 appendices

Appendix E: Keynote Remarks— around the world. His comments were very well received. And there is no doubt in my mind that our province Premier Brad Wall will be the beneficiary of investment as a result of his words. I can tell you from personal experience, ladies Saskatchewan: Real Growth, Real Opportunity and gentlemen: This is a process that has played out “Simply put, our vision is that Saskatchewan will be the many times, whether our premier speaks to energy best place in Canada—to live, to work, to start a companies, mining corporations, immigrants, or just business, to get an education, to raise a family, and to people looking for a friendly place and a positive place build a life.” This is how Premier Brad Wall expressed to invest. his vision through his government’s 2011 Speech from Our province is rich with resources, and people, and the Throne. In this session at the Saskatchewan Forum, opportunity. But another very important asset in that delegates heard from Premier Wall regarding his plans equation is our premier’s ability to communicate a for the next four years and how steps the Government positive message and attitude that is changing our of Saskatchewan takes in the short term are expected to province for the better. I truly believe this. affect long-term outcomes for the province. One brief story I’d like to pass on tells you a great deal Welcoming Remarks about the man who is the Premier of Saskatchewan. I Doug Emsley, President, Emsley & Associates Inc. had the good fortune to work directly for the Premier in I have the honour today to make one of our introductions. the early days of his administration, when he was first I’d like to begin by congratulating and commending the elected premier in 2007. It was a very big change that folks at The Conference Board of Canada for putting on would take hold in everyone’s lives, especially Brad the Saskatchewan Forum 2012. Great timing, an Wall’s, Tami Wall’s, Colter, Faith, and Megan’s lives. impressive speaker lineup, and an excellent, excellent two days of discussion, all culminating with the A few of his close advisors at the time, we put our keynote speaker that I have the privilege to introduce. heads together and we resolved that one of the important Now, I am very aware that people did not come here to things to do early would be to connive the new premier hear me speak, so I’ll get right to business at hand and to move to Regina from his home in Swift Current. I’ll introduce our premier. After all, it’s a two-hour drive back and forth every day. Surely he would need to be in Regina, the centre of the I have had the good fortune to know Premier Wall for universe, to handle his government duties. So we many years and people often ask me: “What’s he really strongly recommended that he buy a house in Regina like?” They say that in public he seems very likable and and move here as soon as possible. His answer was has a great sense of humour, and that he has a tremendous quick and clear. grasp of the issues that affect the people of Saskatchewan every day. All of this, of course, is very true. But that’s He raised his one eyebrow—that, we’ve come to know, only a thin layer of the Brad Wall veneer. means that he’s serious—and he told us in no uncertain terms that he would continue to live in Swift Current, Premier Wall is a man who believes in service, in where he was born, where his family was born and is humility, and is endlessly grateful for the privilege of growing up. And, furthermore, he planned to be home serving the people of Saskatchewan and representing each night to have dinner with his family—or, at a their interests on the provincial, national, and the minimum, be there in time to kiss his kids goodnight. international stages, frankly. He has unique leadership To this day, he drives those four hours almost every day. qualities. He has the ability to make people want to invest in Saskatchewan—those who have never even This is a man who is grounded, who knows where his been here. He has inspired people from across the roots are and what is important. Ladies and gentlemen, country to take a second look at Saskatchewan as a a man I am proud to call my friend: Brad Wall. place to live, work, and raise a family. He has inspired people to come home to Saskatchewan.

Yesterday, Lorne Hepworth made a reference to a recent appearance by the Premier at a wheat summit in Ontario, where he spoke to a number of CEOs of the largest international agriculture conglomerates from

28 | Saskatchewan Forum 2012: Summary plan the power outages and you see attendant popula- tion growth, so, we’re—[laughter]—we’re grateful for some of these developments here lately.

Hon . Brad Wall I have some comments that I’d like to make, a little bit Premier, Government of Saskatchewan about where we’ve been in the province in terms of our Keynote Address recent history and where we hope to go in the future— and maybe, if we have time, [to take] a few questions. Hon . Brad Wall, Premier, Government of Saskatchewan1 Thanks very much. That was a very, very kind intro- But just before I do, I want to comment a little bit about duction, which is especially surprising, considering that where we are, I think, in the country. And I’ve got some Doug and I don’t care for each other [laughter]. concerns going forward. I think many of us do, about Thank you, Doug. the mid-term and the long-term future of the country from a perspective of national unity, but let’s talk about I almost feel a little guilty saying this, but I’ve come the economy for a second. up with it, so I’m going to offer it up. We have many movers and shakers in the economy here and many If we get our national and provincial economic policies guests. If you need any evidence as to the strength of right in the next little while, I like Canada’s chances to the Saskatchewan economy, even Doug Emsley is succeed in a world where the fastest-growing economies successful right now [laughter]. He’s making some in that world desire two things: not only two things but, money, so—[laughter]—so that’s pretty good. principally, food security and energy security. In that world, I like Canada’s chances. And I especially like Doug was there at the very beginning of our government. Saskatchewan’s chances. We need them to focus on He helped out, took some time off, and sacrificed, the fundamentals as the country and a province, the frankly, business opportunities to serve in transition for fundamentals for a solid growth plan for solid econom- us at a time when we had a lot more questions than ics. Fiscal probity is one of them; I’ll get into some answers. We still do, frankly, but we really had—the more of them in a moment. imbalance was much greater then, I’ll say. And Doug’s been a friend for a very long time and provided just We also need to avoid, perhaps, the temptation of excellent advice to us that serves us still today. We have pursuing policies in the country that would be harmful many key people on our team because of you, Doug, to those two particular areas of attendant strength in and I just want to thank you very, very much for your Canada. And we’ve had that debate a little bit. I’m not friendship and for your help early on in our government. going to get into it here today, but we’ve obviously been having that debate in the country between various Welcome, Conference Board of Canada, to our capital political interests. I want to tell you it is a very, very city, the great city of Regina. We’re very pleased that serious discussion for me, for the province of you’re hosting the conference here; hopeful, as Michael Saskatchewan, and, I believe, for the country. It’s my has indicated, that there’ll be others to follow in opinion that this is a key debate we’re going to have. In Saskatoon and perhaps back in Regina. the next number of years, we’re going to make some important decisions at the provincial level in various You’re here at a fantastic time in the life of our prov- provinces and then nationally as well. And all of the ince. It’s springtime. It’s a beautiful spring day. There is opportunity that exists for Canada, I think, hangs in the a $7-billion megaproject unfolding called spring balance of making those correct decisions. seeding that’s happening across the province. I’m not sure if it’s a coincidence, but the news on the front page I want to provide a bit of perspective on where of the paper today says we are leading the country in Saskatchewan’s been in the last little while and terms of fertility rates [laughter]. Yes, the CEO of the where we were not too long ago, to maybe provide Regina Chamber, John Hopkins, is applauding that a bit of context for the future. [laughter]. It’s good to own the power company if you’re the government, because when you do, you can There was a headline 10 years ago in the Leader-Post that said: “Province’s population plummets. Saskatchewan has fewest number of people since 1981.” It was a story of the census, which showed that there were just fewer 1 Government of Saskatchewan, Premier Brad Wall’s Speech at the Saskatchewan Forum, May 30, 2012, www.premier.gov.sk.ca/ than 979,000 people living here at the time, 11,000 fewer Default.aspx?DN=5420adfc-eba1-4149-80a8-1a37d17b01fd than the census before. The story quotes a Regina man (accessed July 30, 2012).

The Conference Board of Canada | 29 appendices who had moved to Calgary to open up a business, and remove some of them, whether they were regulatory or he had gone there because he thought there was “a lot legislative or taxes. Hopefully, we’ve helped by telling of young money in Calgary,” and so there was. The the story as aggressively as we possibly could—and story also quotes a statistician who cautioned against more on that in a moment—but we understand there are making too much of another population drop. In his external factors at play and our job is to try to sustain it view (and, by the way, in the view of some in leadership in whatever way we can, principally by not getting in at the time), Saskatchewan’s population had always the way of much of what’s going on in Saskatchewan. hovered around the 1 million mark—the implication, of We’re no longer, though, the sleepy backwater that course, being that it always would, that this was part of some viewed us to be, a perennial have-not province. our reality, and that this was really part of the Increasingly, the young money is in Regina and in Saskatchewan story. Saskatoon and in rural Saskatchewan, in the resource sector across the province, and in the North. Five years later, more bad news. Before the 2007 election, just a few months before then, there was a I remember going to Calgary frequently to do policy headline in the Saskatoon StarPhoenix after another development work. We’d meet with CAPP [the Canadian census report. The editorial headline read: “Census Association of Petroleum Producers] or the service reveals costs of ignoring economic advice.” The census sector, and Doug was helping voluntarily at some of demonstrated that the population had dropped again in that time, too. I remember flying there. And even in the the intervening period by more than 10,000 people. airport in Calgary, you sensed it was palpable. You The StarPhoenix warned that the province had a short sensed the energy in that city and the entrepreneurial window of opportunity to deal with this, to implement energy that was there. And I think we longed for that to policies that might provide some redress to this chal- be here, recognizing that there was all this resource lenge. And it asked—actually, ironically enough, in potential, this huge potential, in a world that wants reading that editorial—it’s interesting because it asks energy and food security, for our province. You know, what we would all be saying in the province of the power of that energy, ladies and gentlemen, it’s here Saskatchewan after the next census, what the result of now. It hits you in this airport, in our capital city. It hits it would be, and how we would respond as a province you in Saskatoon. And I need to say thank you to many and as an economy. of the people in this room, the leaders in this room, who have helped create an attitudinal shift—which is, of Today, just five years later—it’s not very long in the life course, crucial in the transformation of our province. of an economy or a province—but just five years later, There are other stats we could go over. those headlines seem unreal today. In the last five years, we’ve seen the most sustained growth in our We have the lowest unemployment in the country. population since the early days of our history. We’ve There is the record number of people who are working added 70,000 people in five years. And, you know, I today. Weekly earnings, by the way, are at historic highs, think we’re kind of getting immune to this stuff, these which is a great sign that our employers are making sure stats that roll in. Seventy thousand new people in the they’re working hard to compete for their employees for last five years, that’s twice the—well, we added roughly labour. We’ve seen those weekly earnings numbers the equivalent of two Moose Jaws during 23 quarters of climb and climb in the last four years, five years. steady growth. Our population now is 1,067,612 people. And the recent headline in the Leader-Post was a little This year, we expect to see investment exceed $20 billion, bit different: “Saskatchewan is a comeback story. about double the amount recorded in 2006. And, of Census confirms growth.” It is a stunning turnaround. course, we’ve seen a surge in immigration. From 2001 There’s no question about it. Driven by commodity to 2006, we did about 8,000 people in the Nominee prices. Driven by factors outside the control of govern- Program. We’ll do 10,000 this year alone. And by the ment. And you will never hear our government say: way, there’s an example of where governments can “Boy, because we got elected in ’07, look at how make a few changes. Former Minister Norris on the everything’s so much better economically.” We know immigration file carved out a dynamic relationship that there are external factors at play here. We under- with the federal government. We set bold goals in stand that. government and we’re seeing now the result of those goals, with immigration to the province of We also believe that government can get in the way of Saskatchewan at historic levels. growth; that government can put up barriers to growth. And so, if we’ve had an impact, hopefully it’s been to

30 | Saskatchewan Forum 2012: Summary Consider the comments of Shesia Ramon, who moved In Saskatchewan, we used to have that vicious cycle here from England when her husband, a doctor, got a where the atrophied economy would result in people job in Regina. She said, and I quote: “To be honest, I leaving for opportunities elsewhere, which would further can’t imagine living anywhere else now. This is home decrease the tax base. And it was a vicious cycle. What and has everything I want.” I’m guessing that the we’re into right now, not because of the government, but interview didn’t take place in January [laughter]. That’s what we’re into right now is a much more virtuous cycle our dry cold season [laughter]. When you can’t feel where an expanding tax base allows us to invest in your extremities, does it matter if it’s dry or wet quality of life, pay down debt, reduce taxes, attract [laughter]? But it’s something we say. more people, and that’s the circle we want to keep going. That’s the point of the long-term plan that we We welcome Shesia Ramon and others who have come need for the province. to this province to seek a better life. There are two notable changes among many that I’ll We have welcomed the growing interest and numbers of highlight today from the shuffle, from the restructure. our First Nations citizens and institutions that are One is a new Ministry of the Economy, a very large fully—more fully—engaged in our economy every day, ministry that includes the former energy and resources with much more work to be done. We see the success at file. It includes tourism. It includes trade. It includes the Saskatchewan Indian Institute of Technology. We Enterprise Saskatchewan. It includes employment and see the increase in Aboriginal employment in this immigration under one file. Two ministers are working province. The last stats that were out in terms of jobs on that, led by Bill Boyd, a veteran minister and showed us creating 13,000 jobs in the province here Member of the Legislative Assembly, assisted by Tim over a year. Fully a quarter of them were for Aboriginal McMillan, an up-and-comer who’s going to be the people in our province, and we know how important Minister Responsible for Energy and Resources and continued progress is on that front. Tourism, and work with Bill on that file. His job—their job—is to make sure there continues to be a clear path We acknowledge the contribution of everybody in this for people to invest here and to build here and to remove province to a change in its attitude to the building of a barriers to growth in the economy. new economy. And, you know, I think if we made a mistake in government, and we made more than one, Bill has—see, now—has a big file under him. And it’s but one of them perhaps—not just in government, but been said that Bill has so much power that he’s just, quote, for all of us—was to underestimate the breakneck pace “one fluffy Persian cat and a remote desert island away of growth, to underestimate its impact in terms of from being the political equivalent of a James Bond issues like housing and infrastructure. This is where we villain.” [laughter] Actually, that was Murray Mandryk. need to do better. This is where we will do better. It’s a pretty good quote. And, on behalf of Bill, I’m offended—[laughter]—because—[laughter]—because Last week, I shuffled the Cabinet of Saskatchewan. Dental Bill doesn’t really actually like pets [laughter]. That surgery and Cabinet shuffles would rank pretty close in part’s true. terms of things that I enjoy [laughter], just because of the great group of people—women and men—we have But Murray might be on to something. We want Bill and on our team. And it’s an occasion where some new ones Tim to be Dr. No when it comes to the policies that we come in and that’s a happy occasion, but it’s an occasion know will not work—when it comes to, say, for example, for some to make room for others to build capacity and picking winners and losers in the economy, or nuancing bench strength, and they have worked so hard. I know economic development policies too much such that they how hard they’ve worked on behalf of this province and become a barrier to growth itself. worked effectively, and so it’s not always a lot of fun, but it’s essential, especially if we want to reconstruct Don McMorris, the only health minister we’ve ever the Government of Saskatchewan to match a long-term had, is moving over to an important file dealing with plan. And we do, especially if we want to make sure infrastructure, pioneering the new Saskatchewan Builds that government in this province is structured in a way initiative, where we want to make better use of P3s and that it is focused on growth and, importantly, focused to do a better job of long-term planning in terms of a greater extent on meeting the challenges of growth and highways and infrastructure right across the province. then dealing with the dividends of that growth and how And I hope these two changes demonstrate what we’re we invest it in our quality of life so we can find that seeking to do as we work toward the new plan we want virtuous circle. to unveil in the fall.

The Conference Board of Canada | 31 appendices

We’ve asked our MLAs to head out this summer. We’ve else in the Dominion of Canada, but we know that our asked our ministers to talk to stakeholders to get their income tax rates are two tiered and too high. And we ideas on developing the mid- and the long-term plan for know on the corporate rate, next-door Alberta is 10, and Saskatchewan: that the momentum would continue and we’re not there yet. We’re going to have to get there that we would be ready for the challenges of growth. within the context of a balanced budget. If you’re beside Walmart, you’d better be prepared to compete with The plan will be a blueprint for sustaining that eco- Walmart. nomic growth and, importantly, for maintaining our quality of life, and will be—it’ll build on a paper I It means for us stable royalties in the province. That’s released as opposition leader in 2004 called The Promise got to be a part of the Saskatchewan Advantage brand, of Saskatchewan. I won’t scoop ourselves about what’s and it will be. It means sensible labour legislation that’s in that plan. We’re not prejudging it. We’re going to be fair to both sides, but competitive with other places listening and developing it together with people like you. with whom we must compete. However, I’ll tell you there are some things that are not subject to change and non-negotiable that will be It means environmental regulations that do serve a strict underscoring this particular plan. Fiscal probity—fiscal purpose without putting up needless barriers to growth. responsibility—will be at the heart of this long-term And it means providing the proper incentives to build plan going forward. Saskatchewan today is the only the economy of tomorrow: not picking winners and jurisdiction in the country with a balanced budget. We losers, but making sure we’ve got the right infrastruc- think that’s part of the Saskatchewan Advantage. We ture in place—for example, you know, projects like the made difficult decisions to get to that point, even as the Global Transportation Hub—that can attract businesses economy was strong, but it’s a very important claim to be literally from all over the world if we get our part right. able to make, I think, and a building block for the economy of our province. A third principle will be innovation in the plan going forward. We want our innovation agenda, by the way, In a world where massive debts and the unravelling ladies and gentlemen, to be built on our current resource of the entitlement society have people in the streets, strength. We’re not going to try to reconstruct Silicon a balanced budget may not be the stuff of poetry. A Valley North in Saskatchewan, but we have a 300-year speech on a balanced budget might not fill the mall in supply of coal, so I think we’re going to continue to Washington or bring tears to anyone’s eyes—well, lead in terms of clean coal technology, carbon capture maybe some economists and accountants [laughter]. sequestration. We have amazing strength in this regard, in our electrical utility and at the University of Regina. But the seed of economic dysfunction and a destabilized We need to build more on that opportunity. We have globe is, in our view, fiscal irresponsibility. Deficits and the what will be the largest demonstration project coming attendant entitlements—especially long-term structural in on time and on budget, Robert? deficits and the attendant entitlements that are engen- dered—are a threat to our economy going forward. And [Robert Watson: Yes.] back to that piece from the start, I think that’s a threat to the unity of our country. Fiscal probity actually is the Yes [laughter]. only way to assure the long-term high quality of life we And a smaller one with new partners in Hitachi, I want for the province. The only way that we can think, that is going to get the attention of the world— commit to the people of this province that we’re not the world, by the way, that’s still building coal plants. going to have to gut programs that are important to them Notwithstanding the debate that’s happening, China is or see a lack of funds for health care is if we ensure that still building coal plants, and so is India. And the we’re paying the bills and reducing the debt today and United States is 50 per cent reliant on coal as well. being responsible. So that’s going to be a pretty key part of our plan going forward. We produce 30 per cent of the world’s uranium, and you’ve heard me say in the past the next ounce of Another principle will be competitive taxes and [a yellowcake we add any value to at all will be the first. competitive] regulatory environment. We’ve worked Unbelievable, but true. We’ve invested $30 million with hard on this front. We’ve reduced taxes for all: for small the University of Saskatchewan to construct, to build, business, for producers, for families. A family of four the new nuclear research centre, and we have attracted now earns more here before they have to give anything partners in our interest in pioneering small reactor to their provincial government in taxes than anywhere technology, again with Hitachi. We’re going to continue

32 | Saskatchewan Forum 2012: Summary to support the Petroleum Technology Research Centre In terms of some concluding thoughts, I just want to at the University of Regina as part of our growth share with you what would motivate us to continue agenda. And as Canada’s largest agricultural player, we with this growth plan as elected people, as a relatively intend to lead in terms of research and development. newly elected government. I hate to disappoint you at We’ve made some recent announcements that have been the Conference Board, Michael, but it’s not pie charts referenced around wheat, and I’m looking forward to a and it’s not great reports we might get for GDP forecasts. meeting later today with Bayer Crop Science on their Those are pretty neat. But our inspiration to continue is continued and welcomed engagement on this front. We about the quality of life we want for the province. will build a global food security institute at the University of Saskatchewan with our partners at the Here’s what enterprise-oriented or growth-oriented University of Saskatchewan and with industry that’s politicians or governments do too little of: We don’t going to put significant dollars there, and we will make a finish enough sentences. We don’t finish the sentence: significant investment in this. “We want growth in Saskatchewan because….” We kind of think everyone understands why we would want I was in Bangladesh on a trade mission and I think growth. Maybe that’s the reason. I don’t know. Bangladesh—in terms of their imports of lentils, which are a staple there, 90 per cent of them come from about We’re going to finish that sentence in Saskatchewan. We 18,000 Saskatchewan farmers. It’s quite a thing to go to want growth because I want to be at more announcements the—to be in the hotel compound and do these, have like I was today at the Legislature, when we announced these, meetings with officials. It’s more compelling to an historic increase in income for those who are get out of the compound and see what’s happening in disabled among us, for the intellectually disabled, for those—in the cities there and on the streets, in terms of others who have disabilities. For too long, they’ve been hunger. We have great customers for our fertilizer and for on social assistance, the Saskatchewan Assistance Plan. agricultural products. We have to do better by a world It’s basically welfare. They asked two things from us. that’s increasingly hungry. Yes, there’s economics in it They said: “Could you give us an income program for us. There are opportunities in it for us, but there’s instead? We’d like the dignity of that, for example. And also an obligation for us, and that’s also part of our then when you can afford it, government”—this was vision moving forward. years ago—“we think it should be increased, because here’s what’s happening in other parts of the country, and Finally, a principle of our plan will be engagement. here’s what’s happening in this province with all of its We have been the tree that sort of fell in the forest for wealth.” And so in the election campaign, our most a long time, notwithstanding all of our natural resource expensive campaign promise was actually on this issue, blessings we have and the potential we have. We’ve and today we kept it. So incomes for those who have worked hard as a government, though imperfectly, to intellectual disabilities and others who are disabled better tell our story to the rest of the country and around who are living independently will be up by $270 per the world. We’re going to continue to do that in terms month. And for others living in residences, it’ll go up of trade missions, in terms of recruitment missions. We $40 or $50. That’s why we want growth. The only way were recently in Ireland and had a very successful time to sustain that—the only way, by the way, on the fiscal there. John’s here from the Chamber—was a big help side to keep reducing the debt and keep taxes low—is on that particular trade mission. growth. That’s the end of the sentence and that’s what we’re determined to succeed at here in the province: not Last month, government representatives accompanied just the government, but also all of you. 26 employers attending a national job fair in Toronto. Bill Boyd was recently in China and Australia. I was in There was a lady named Gail who was at the announce- London. He went over to Japan on an energy and mineral ment today, and she sent me an e-mail after we had investment mission. We’ve had ministers move across the originally made the campaign commitment. She said world. When Lyle Stewart was the enterprise minister, this, quote: “Sir, I literally jumped out of my chair and spent some time in Turkey, another very, very important gave my service dog, Angel, a bit of a hug when I heard customer in that part of the world for us. But again, as it. You have no idea how much this will mean for me. Lionel will tell us from the Saskatchewan Trade and I’ve been on the Saskatchewan Assistance Plan for well Export Partnership, you can’t do these drive-by trade over 10 years and barely get $500 a month to live on. missions. We need to be stewards of these relationships This will change my life.” more than we have been in the past, and that will be essential to our plan as well.

The Conference Board of Canada | 33 appendices

Another lady told the minister that she was, when she sustainability is very difficult without continued gets her cheque—and they’re in the mail, by the way, oversight, discussions like we’ve been having in this and I know when government says that, people [laugh- room for the last day and a half, and recognizing where ter] … but they are. I found out today they’re in the those challenges are. process and in the mail, thanks to our great ministry staff in social services—[she] said, “When I get my I think you’ve already identified—you do recognize— cheque, I’m going to McDonald’s, because I haven’t many of the things we’ve talked about in the last day eaten out in five years.” That’s why we want growth. We and a half. For all those important reasons, we’ve all want to reduce wait times for surgery. We want to make come here together today: business leaders of large education, post-secondary education, affordable and corporations, small and medium-sized corporations, accessible. We want to invest in people and we want the governments, Crown corporations, academia, virtuous circle. We want to keep fiscal probity front and Aboriginal stakeholders, and communities. They all centre—competitive taxes, infrastructure, invest- came together for the last day and a half to talk and ments—so that you can continue doing what you’re exchange ideas, so we can be part of the solution. We doing, which is growing this amazing economy in the know you share our views and we know you share our province of Saskatchewan. concerns. We know that because of the message you just gave us. We get it—we get that you get it. Number So I want to thank you all for being here. And I want two (and you stated this), the 2012 budget was one of to encourage all of you to help us finish the sentence. fiscal restraint—a balanced budget. It doesn’t get you Have a great day [applause]. excitement anywhere, but what it does do is “ensure our programs for people are sustainable”—that’s what you Closing Remarks said. Last week’s Cabinet shuffle was designed to (and I Grant Kook, President and CEO, Westcap Management Ltd. quote) “ensure the economic growth in Saskatchewan I know that the Premier has to get back to work—he’s continues.” So we know that you share our views to do got lots to do. Even when my sole job is to take one this in partnership with us. We know that because of minute to thank the Premier, it’s a difficult task to your attendance here today—the fact that you took the follow one of the best orders in Canadian politics. You time, in a very busy week of transition in government can see why he’s the best. His passion, his vision, and (which is exactly why we’re here) to address the needs his ability to articulate where our future is going to be for future growth. are, without doubt, what make him a leader we follow. So thank you on behalf of the conference organizers, the Mr. Premier, as you know better than all of us, the leaders in this room, and the people of Saskatchewan economics statistics indicate that our province has for showing up, sharing with us your message, and finally arrived—despite what Mr. Laughlin said providing us renewed assurance that we will work yesterday. It has arrived. The difference is that we keep together to sustain what we have come to enjoy—which moving our goalposts further, thanks to your leader- is a new norm in the new Saskatchewan. Mr. Premier, ship. It’s arrived in many ways: We’re a have province, thank you. we are an economic superstar (according to CNN), and we’re forecasted (again) to be a leader in economic growth in 2012–13, by RBC and our good friends at The Conference Board of Canada. We’ve waited a long time. We’ve toiled a long time to get there. But, you know what? We have gotten there.

Mr. Premier, I can tell you: Now that we’ve had a taste of prosperity, we like the new Saskatchewan. It’s pretty good. And we want to work with you and your colleagues to make sure that we sustain it for decades to come. For a lot of years, we’ve watched economic prosperity, as far away as places like Ireland and much closer to home (just four hours down the road to the west—our neighbours in Alberta), and we’ve implemented some of their best practices. But in watching and learning, we’ve also seen that economic prosperity is very fragile. And

34 | Saskatchewan Forum 2012: Summary Appendix F: Delegates Trevor Berg, General Manager, Patience Lake, Potash Corporation of Saskatchewan Inc. Ewan Alexander, Vice-President, Health, Safety and Environment, BHP Billiton Canada Inc. Norm Beug, Senior Advisor, The Mosaic Company

Don Allen, Assistant Deputy Minister, Housing, Simon Bird, Vice-Chief, Federation of Saskatchewan Saskatchewan Ministry of Social Services Indian Nations

Wilton Angus, Client/Employee Liason, Michèle Birns-Hahn, Workforce Planner, Athabasca Labour Services Ltd. Public Service Commission

Donald Atchison, Mayor, City of Saskatoon Michael Bloom, Vice-President, Organizational Effectiveness and Learning, The Conference Board Michael Atkinson, Executive Director, Johnson- of Canada Shoyama Graduate School of Public Policy Jaylene Boulding, Human Resource Manager, Staffing, Diane Avery, Vice-President, Customer Services, SaskTel International SaskPower Pamela Bristol, Marketing Director, Saskatchewan Trenton Baisley, General Manager, Ministry of the Economy FHQTC Developments Ltd. Kimberly Brown, Policy Analyst, Western Economic Heather Balfour, Director, Saskatchewan Mnistry Diversification Canada of Education Mo Bundon, Senior Vice-President and Chief Operating Doug Banzet, Chief Investment Officer, Officer, Harvard Developments Inc. Westcap Management Ltd. Robert Burton, Chief Information Officer, ISM Canada Gordon Barkway, Regional Sales Manager, Hitachi Power Systems Canada Ltd. Rick Burton, Assistant Deputy Minister, Saskatchewan Ministry of Agriculture James Barr, Partner, Advisory Services, KPMG LLP Ilene Busch-Vishniac, President, Frances Bast, Executive Director, Saskatchewan Ministry University of Saskatchewan of Advanced Education, Employment and Immigration Dave Button, Vice-President (Administration), University Grant Bastedo, Principal, Takt Communications Inc. of Regina

Sandy Baumgartner, Executive Director, Shawn Campbell, President and General Manager, Saskatchewan Science Centre BFI Constructors

Neil Beaumont, Vice-President, Finance, BHP Billiton Erin Campbell Howell, Principal, Erin Campbell Canada Inc. Howell Consulting Inc.

Craig Bell, Chief Operating Officer, Kreos Aviation Inc. Richard Carter, President and Chief Executive Officer, Crown Investments Corporation of Saskatchewan Leanne Bellegarde, Director, Aboriginal Strategy, PotashCorp. Andrew Cartmell, President and Chief Executive Officer, Saskatchewan Government Insurance David Belof, Senior Manager, Management Consulting, KPMG LLP Lori Cascaden, Strategic Communications Consultant, SaskPower

The Conference Board of Canada | 35 appendices

Clément Chartier, President, Métis National Council Kevin Doherty, Minister of Parks, Culture and Sport, Saskatchewan Ministry of Parks, Culture, and Sport Thomas Chase, Provost and Vice-President, Academic, University of Regina Donna Dressler, General Manager Strategic Relations – President’s Office, SaskPower Loren Cisyk, General Manager, Manitoba and Northwestern Ontario, IBM Canada Ltd. Andrea Duncan, Senior Analyst, Industry Canada

Rob Connoly, Chief Financial Officer, Penny Eaton, Editor, Sunrise Publishing Westcap Management Ltd. Dale Eisler, Assistant Deputy Minister, Energy Security, Tammy Cook-Searson, President, Prosperity and Sustainability, Natural Resources Canada Kitsaki Management Ltd. Lee Elliott, Vice-Chair, Board of Governors, Mark Cooper, Director, Policy and Communications, University of Regina Saskatchewan Urban Municipalities Association Doug Emsley, President, Emsley & Associates Inc. Tony Coppola, Senior Vice-President, Finance and Administration, Saskatchewan Gaming Corporation Steve Enns, Vice President & General Manager Broker, Harvard Property Management Inc. Sean Cory, Senior Manager, Business Development, BHP Billiton Canada Inc. Brett Fairbairn, Provost and Vice-President, Academic, University of Saskatchewan Guy Couturier, Manager, SNC-Lavalin Inc. Brian Fergusson, Chief Operating Officer, ISM Canada Barbara Cross, Assistant Vice-President, Corporate Affairs and Planning, Saskatchewan Government Dennis Fitzpatrick, Vice-President, Research, Insurance University of Regina

Timothy Cutt, President and Chief Executive Officer, BHP Donna Flaman-Johnson, Director, Talent Supply, Human Billiton Canada Inc. Resources, Farm Credit Canada

Kevin Daniel, Senior Vice-President and Chief Financial Greg Fofonoff, Chief Executive Officer, SaskMetis Officer, Co-operators Life Insurance Company Economic Development Corporation

Brad Darbyshire, Director, Aboriginal Initiatives, Graham Cindy Fuchs, Provincial Director, The Canadian Red Group of Companies Cross, Western Zone

Chris Dekker, Interim President and Chief Executive Cory Furman, Partner, MacPherson Leslie & Officer, Global Transportation Hub Tyerman LLP

Joseph Deklic, Vice-President, Strategic Investments, Craig Gates, Practice Leader, Consulting Services, Cisco Systems Canada Co. MNP LLP

Don Deranger, Vice-Chief, Prince Albert Grand Council, Geoff Gay, Chief Executive Officer, Athabasca Basin Opawakoscikan Reserve #201 Development Limited Partnership

Nancy Deshaw, Senior Manager, Group Legal, Tim Gitzel, President and Chief Executive Officer, BHP Billiton Canada Inc. Cameco Corporation

Jim Diotte, Vice-President, Human Resources, Anne Golden, Distinguished Visiting Scholar and Special SaskPower Corporation Advisor, Ryerson University

36 | Saskatchewan Forum 2012: Summary Jane Gorges, Chief Executive Officer, SpringBoard West Mark Hustak, Executive Partner, Paradigm Consulting Innovations Inc. Group Inc.

Jacqueline Halliday, Program Coordinator, Karen Jellicoe, Senior Consultant, Executive Gabriel Dumont Institute Recruitment and Development, Saskatchewan Public Service Commission Brett Halstead, Chairman, Saskatchewan Canola Development Commission Jennifer Johnson, Director, Communications, Saskatchewan Ministry of Parks, Culture and Sport Peter Hamill, Territory Services Lead, Saskatchewan/ Manitoba, IBM Canada Ltd. Tracie Jones, Senior Conference Marketer, Conference Programs, The Conference Board of Canada Ian Hanna, Senior Advisor, Government Relations, University of Regina Mike Jordan, Manager, Government and Aboriginal Relations, City of Saskatoon Iain Harry, Vice-President, Crown Sector Initiatives, SaskPower Jeff Jorgenson, General Manager, Utility Services, City of Saskatoon Morris Hartman, Mayor, Town of LeRoy Sandeep Kalra, Vice-President and Chief Financial Wayne Hellquist, President, Future Quest Consulting Officer, Enterprise Risk Management, SaskPower

Lorne Hepworth, President, CropLife Canada Wilf Keller, President and Chief Executive Officer, Ag-West Bio Inc. Garry Herback, Senior Vice-President, Insurance Operations, Co-operators Life Insurance Company Doug Kelln, President and Chief Executive Officer, SaskEnergy Incorporated Susan Hetu, Special Advisor to the Deputy Minister, Saskatchewan Ministry of Parks, Culture, and Sport Tom Kishchuk, President and Chief Executive Officer, Hitachi Power Systems Canada Ltd. Ticia Heward, Manager, Business Development, The Canadian National Institute for the Blind William Knight, Corporate Director, Citizen's Bank

Larry Hiles, President and Chief Executive Officer, Sherry Knight, President, Dimension 11 Ltd. Regina Regional Opportunities Commission Alanna Koch, Deputy Minister, Saskatchewan Ministry of Rosanne Hill Blaisdell, Vice-President, Leasing, Agriculture Harvard Developments Inc. Jerome Konecsni, President and Chief Executive Officer, Glen Hodgson, Senior Vice-President and Chief Innovation Saskatchewan Economist, The Conference Board of Canada Grant Kook, President and Chief Executive Officer, Caron Hopfner, President, Partner Technologies Westcap Management Ltd. Incorporated Jennifer Koury, Vice President Human Resources, Nancy Hopkins, Partner, McDougall Gauley LLP Diamonds & Specialty Products, BHP Billiton Canada Inc. John Hopkins, Chief Executive Officer, Regina & District Chamber of Commerce Christopher Krywulak, President and Chief Executive Officer, iQmetrix Wanda Hunchak, Vice-President, Westcap Management Ltd. Lionel LaBelle, President and Chief Executive Officer, Saskatchewan Trade & Export Partnership

The Conference Board of Canada | 37 appendices

Barry Lacey, President and Chief Executive Officer, Paul McLellan, Chief Executive Officer, Alliance Energy Saskatchewan Liquor and Gaming Authority Group of Companies

Roland LaFleche, Operations Manager, Mechanical and Steve McLellan, Chief Executive Officer, Saskatchewan Electrical, Graham Group Ltd. Chamber of Commerce

Lester Lafond, President, Lafond Insurance & Financial Dan McMurtry, President and Chief Executive Officer, Services Ltd. ISM Canada

John Law, President and Chief Executive Officer, James McVeety, Director, Infrastructure, Global Transportation Hub Authority Coco Paving Inc.

Marc LeClair, Senior Advisor, Métis National Twyla Meredith, President and Chief Executive Officer, Council Saskatchewan SaskGaming

Brenda LeFort MacLean, Director, Conference Alan Migneault, Senior Consultant, Private Company Operations, The Conference Board of Canada Services, PricewaterhouseCoopers LLP

Martin Lenzin, Vice-President, Business Development, Susan Milburn, Vice-Chair, Board of Governors, SNC-Lavalin Inc. University of Saskatchewan

Shantel Lipp, President, Saskatchewan Heavy Greg Miller, Assistant Deputy Minister, Saskatchewan Construction Association Ministry of Education

Ken Loeppky, Vice-President and Chief Operating Officer, Tom Molloy, Lawyer, Miller Thomson Saskatchewan Opportunities Corporation Ron Mondor, President, Director Field Labour, Jardeg Alastair MacFadden, Executive Director, Labour Market Construction Services Ltd. Planning and Systems Support, Saskatchewan Ministry of the Economy Mike Monea, Vice-President, Carbon Capture and Sequestration Project, SaskPower Diana MacKay, Director, Education, Health and Immigration Programs, The Conference Board of Canada Adam Nelson, Graduate Student, University of Calgary

Andrew Mackenzie, Group Executive and Chief Anne Neufeld, Associate Vice-President, Strategy Executive Non-Ferrous, BHP Billiton Canada Inc. Management, Saskatchewan Institute of Applied Science and Technology Mark MacLeod, Chair of the Board, Communities of Tomorrow Elijah Ngor, Student, University of Regina

Tom MacNeill, President and Chief Executive Officer, Bud Norris, Director, Genivar Consultants Limited 49 North Resources Inc. Jim Ostertag, Managing Principal, Solvera Solutions Julie MacRae, Director, Education, Regina Public Schools Rupen Pandya, Assistant Deputy Minister, Ministry of the Economy Giselle Marcotte, Executive Director, Saskatchewan Ministry of First Nations, Metis and Northern Economic Genelle Payant, Human Resources Consultant, Development SaskWater Security Agency

Doug Matthies, President, SaskWater Rob Penny, Deputy Minister, Saskatchewan Ministry of Highways and Infrastructure

38 | Saskatchewan Forum 2012: Summary Robert Pletch, Lawyer, MacPherson Leslie & John Selinger, Chief Executive Officer, Tyerman LLP Seymour Enterprises

Barbara Pollock, Vice-President (External Relations), Gavin Semple, Chairman, Brandt Group of Companies University of Regina TJ Smith, General Manager, G Mechanical Jacob Pope, Chief Executive Officer, Saskatoon Ltd. Aspen Medical Canada Sharon Lee Smith, Assistant Deputy Minister, Duane Pyear, Executive Director, Economic Western Economic Diversification Canada Development Policy and Analysis, Alberta Finance & Enterprise Steve Sousa, President and Chief Commercial Officer, SaskPower Mohammad Raheem, Manager, Alternative Project Procurement, ColasCanada Inc. Glen Strong, Community Relations and Training Coordinator, Points Athabasca Annette Revet, Executive Director, University Governance, University of Regina Gerry Stroshein, President and Owner, Trimension Training & Consulting Group Inc. Douglas Richardson, Senior Partner, McKercher LLP Sharon Strueby, Manager, Strategic and Business Grant Ring, President and CEO, SaskPower Services, City of Regina

Bill Roberton, Managing Director, Executive Forums, Jeff Stusek, President and Chief Executive Officer, Cambridge International Forums Inc. Information Services Corporation of Saskatchewan

Reg Robinson, Managing Principal, Solvera Solutions Ron Styles, President and Chief Executive Officer, SaskTel Chris Ryder, Vice-President, External Affairs, BHP Billiton Canada Inc. Tina Svedahl, Vice-President, Investments, Harvard Developments Inc. Hal Sanders, Assistant Deputy Minister, Saskatchewan Ministry of Energy and Resources Shane Szakacs, Corporate Controller, Canpotex Limited

James Saunders, Associate Deputy Minister, George Thiessen, Director, Operations, Western Canada, Cabinet Planning, Saskatchewan Executive Council Babcock & Wilcox Canada Ltd.

John Scarfe, General Manager, Points Athabasca Victor Thomas, Executive Director, Aspen Medical Canada Richard Schlachter, Business Development Senior Manager Consulting, Deloitte Inc. Vianne Timmons, President and Vice-Chancellor, University of Regina Michael Schlaug, Plant Manager, Yara Belle Plaine Inc. Jaime Valentine, Superintendent, Human Resources, Angela Schmidt, Vice-President, Competitiveness and Saskatoon Public Schools Strategy, Enterprise Saskatchewan Rick Van Beselaere, Partner, Miller Thomson Pam Schwann, Executive Director, Saskatchewan Mining Association June Verhelst, Vice-President, Industrial, Graham Group of Companies Paul Seaman, Lawyer, Gowling Lafleur Henderson LLP Brad Wall, Premier, Government of Saskatchewan

The Conference Board of Canada | 39 appendices

David Walls, Provost and Vice-President, Academic, David Williamson, Head, Group Legal, Saskatchewan Institute of Applied Science and BHP Billiton Canada Inc. Technology James Zapke, Senior Vice-President and General Cathy Warner, Senior Manager, Deloitte LLP Manager, SNC-Lavalin Inc.

Robert Watson, President and Chief Executive Officer, Marian Zerr, Advisor to the Deputy Minister to the SaskPower Premier, Executive Council and Office of the Premier, Government of Saskatchewan John Weinstein, Senior Advisor, Metis National Council Saskatchewan Cameron Zimmer, Communications Advisor, Saskatchewan Research Council Linda West, President, Actyl Immigration and Recruitment Rolly Zimmer, Vice-President, Towns, Saskatchewan Urban Municipalities Association Shelley Whitehead, Special Advisor, Saskatchewan Public Service Commission

40 | Saskatchewan Forum 2012: Summary Appendix G: Sponsors and Supporters The Saskatchewan Forum would not have been possible without the generous contributions of our many sponsors and supporters. The Conference Board of Canada would like to thank the following organizations.

The Conference Board of Canada | 41 Join us for our Saskatchewan Forum 2013

Saskatchewan Forum 2013 May 14–15, 2013 Saskatoon, Saskatchewan

Saskatchewan Forum 2013 May 14–15 2013 • Saskatoon, Saskatchewan > To learn about the next Saskatchewan Forum, including how to register, visit www.conferenceboard.ca/conf/13-0045/default.aspx.

Saskatchewan Forum 2012 May 29–30, 2012 • Regina > For detailed information about the Saskatchewan Forum, including all presentation materials, visit www.conferenceboard.ca/conf/12-0056/default.aspx.

To register, please visit www .conferenceboard .ca/conf

Saskatchewan Institute

For More Information

Diana MacKay Director, Saskatchewan Institute E-mail: [email protected] Tel.: 613-526-3090 ext. 410 Fax: 613-526-4857

255 Smyth Road, Ottawa ON K1H 8M7 Canada Tel.­ 613-526-3280 • Fax 613-526-4857 • Inquiries 1-866-711-2262

The Conference Board, Inc. 845 Third Avenue, New York NY 10022-6679 USA Tel. 212-759-0900 • Fax 212-980-7014 • www.conference-board.org The Conference Board Europe Chaussée de La Hulpe 130, Box 11, B-1000 Brussels, Belgium Tel. +32 2 675 54 05 • Fax +32 2 675 03 95 The Conference Board Asia-Pacific 2802 Admiralty Centre, Tower 1, 18 Harcourt Road, Admiralty Hong Kong SAR Tel. +852 2511 1630 • Fax +852 2869 1403

conferenceboard.ca