retains its registered office and substantial manufacturing facilities in Regina.
11th Avenue in the Central Business District, 2008
Imperial Oil (the Canadian subsidiary of Standard Oil, now ExxonMobil), for many years maintained a refinery in Regina; today with high world petroleum prices making the exploitation of Saskatchewan oil resources an unprecedentedly lively proposition, Federated Co-op maintains an 103,000 barrels per day (16,400 m/d) refinery and, together with the Province, an upgrading operation for heavy oil.
Crown Life, a significant Canadian and international insurance company, transferred its national head office from Toronto to Regina in 1996 but was acquired by Canada Life in 1998 and the corporate head office returned to Toronto, though with assurances that the company would retain a strong presence in Regina.
On 19 May 2009 it was announced that Viterra (formerly Saskatchewan Wheat Pool, becoming Viterra after acquisition of Agricore United), the largest grain handler in Canada, would acquire ABB Grain of Adelaide, South Australia in September 2009. The Head Office would be relocated to Regina, with the worldwide malting headquarters remaining in Adelaide. The two companies together are responsible for 37 percent of the world's exports of wheat, canola and barley.
The provincial government continues to be a major driver in the civic economy, though its relative importance is declining. The Regina Research Park immediately adjacent to the University campus hosts several science and technology companies which conduct research activities in conjunction with University departments
