Saskatchewan’s Return on Investment – AG-WEST BIOTECH INC.
This is the second paper in the Balancing Elephants series authored by Gerard A. Lucyshyn, a senior research fellow with Frontier Centre for Public Policy. The series examines and reviews the returns on investment received by Saskatchewanians from decisions made by the Grant Devine government.
The 1980’s brought some of the worst economic times in Saskatchewan’s history. Despite political uncertainty, the crash of oil prices, the devastation of drought and infestation the Grant Devine government forged ahead with an idea that was twenty years ahead of its time. Capitalizing on Saskatchewan’s rich agricultural history and providing a relatively small investment set Saskatchewan on the path to becoming a world leader in the agricultural biotechnology sector. This decision has provided Saskatchewan citizens an enormous return on investment.