Regional partners have come together to officially form the Prince Albert Regional Economic Development Alliance (PREDA). The Memorandum of Understanding (MOU) has been formally adopted by member communities and organizations which represents the region’s first grassroots driven approach to regional community economic development.
Founding members include the City of Prince Albert, the Rural Municipality of Prince Albert, the Rural Municipality of Buckland, the Town of Shellbrook, Muskoday First Nation and Peter Ballantyne Developments.
The Framework Final Report provides the foundation for the operating model for the PREDA.
PREDA’s strategic pillars are high-level focus areas that form the basis for organizational activities and provide boundaries for strategic plan development and assessment. Together, PREDA’s strategic pillars capture the strategic intent of the organization, while allowing for flexibility in the provision of regional programs, projects or initiatives. Funding and prioritization will determine which areas have more focus at any given time.
- Business Retention & Expansion
- Business & Industry Development
- Tourism & Marketing
- Strategy & Performance
The geographic scope of PREDA includes the municipal boundaries (as well as regional land
holdings) of the initial six partners charged with creating an economic development framework. The
City of Prince Albert, R.M. of Prince Albert, R.M. of Buckland, Town of Shellbrook, Muskoday
First Nation and Peter Ballantyne Cree Nation are all accounted for within an approximate 60-
It is important to note that the Task Force considered that this geographic boundary would remain somewhat fluid. That is, it may change over time if other communities wish to join PREDA.
Membership in the PREDA is open to any individual, agency,
municipality, First Nation or member of the private sector that is looking to
support the region’s business climate and encourage investment across all jurisdictions. Those involved in the PREDA should be prepared to uphold the principles of municipal autonomy, mutual benefit and cooperation and be prepared to work independently and together in pursuit of the goal of cultivating the prosperity of the Prince Albert region.