Economic News
March 27, 2012
Saskatoon’s growth to lead the nation, says Conference Board
Saskatoon’s GDP growth is forecast to be a nation-leading 3.6 per cent in 2012, says the Conference Board of Canada’s spring metropolitan outlook.
- Star Phoenix | Read more...
March 20, 2012
Saskatchewan to Lead Provincial Economic Growth Rates Through 2013: RBC Economics
Broad-based growth across a number of sectors in the province has set the stage for Saskatchewan to top the provincial economic growth rankings both this year and next, according to the latest RBC Economics Provincial Outlook report.
- Stockhouse | Read more...
February 22, 2012
Saskatchewan economy 2012 Planning for the future
2012 is a year of significant economic change throughout the world, and Saskatchewan is no exception. And with a forecast of growth and development, the changes are sure to be positive ones.
- Leader-Post | Read more...
January 30, 2012
Saskatchewan economy sets tone for 2012
Saskatchewan leads Canada in growth as wholesale trade, retail sales, non-residential construction, and average weekly earnings increase while unemployment drops.
Global Saskatoon | Read more...
January 3, 2012
Sask. economy sets record, attracts investment for 2012
The province set records for investment and population growth in 2011 and two independent forecasters are predicting that Saskatchewan will continue to lead Canada and set records in 2012.
Global Saskatoon | Read more...
December 22, 2011
Sask. continues to grow, but where will everyone live?
Saskatchewan's economy shows no signs of slowing down. So, how does the province plan to keep pace? That question has been on the minds of many since Saskatchewan became a 'have' province.
CTV Saskatoon | Read more...
December 7, 2011
BMO Economics: Saskatchewan Economy Expected to Post Fastest Growth in Canada in 2012
Saskatchewan's economy sidestepped some early-year challenges in 2011 and is set to lead the country in 2012, according to the Provincial Monitor report released today by BMO Economics.
Marketwire | Read more...
December 2, 2011
For global workers, Saskatchewan beckons
Saskatchewan’s popular Premier, Brad Wall, has a nice mission ahead of him — to lure to his province jobless workers from depressed places such as the United States and Ireland to support his booming economy.
Financial Post | Read more...
December 1, 2011
Saskatchewan to see massive mining expansions
Saskatchewan is poised to see $50 billion in capital investment injected into the provincial mining industry over the next 20 years.
Star Phoenix | Read more...
November 25, 2011
Saskatchewan now leads Ontario in wages
For the first time ever, people in Saskatchewan on average make more money than people from Ontario.
- Canada Politics Blog | Read more...
October 25, 2011
Saskatchewan’s export boom shows no sign of slowing
When Saskatchewan sent a high-powered trade delegation to South Asia last March, Lionel LaBelle got a few quizzical looks when he mentioned a sidetrip to Bangladesh.
- Star Phoenix | Read more...
October 3, 2011
Economic Indicators Soar in the New Saskatchewan
Saskatchewan’s economy is soaring and today Enterprise Saskatchewan released a wide range of economic indicators charting the province’s growth over the past three years versus the previous three years. Providing economic updates and analysis is a key part of Enterprise Saskatchewan’s mandate.
- CanadaViews.ca | Read more...
September 30, 2011
Sask. poised to lead Canada again in 2012
Buoyed by high prices and strong demand for commodities, Saskatchewan is poised to lead the nation in economic growth again next year, after posting a nation-leading 4.3-per-cent economic growth in 2011, RBC assistant chief economist Paul Ferley said Friday.
September 28, 2011
Another increase in Saskatchewan’s population
Saskatchewan’s population hit an estimated 1,057,884 people this summer, with the 5,444-person increase recorded between April and July the largest quarterly population jump on record, the provincial government said Wednesday.
- Leader Post | Read more...
September 12, 2011
Saskatchewan to lead Canada's growth: Report
Saskatchewan will be the fastest-growing Canadian province this year thanks to its potash and agricultural products, expanding at almost twice the national rate, according to a report by RBC.
- Toronto Sun | Read more...
July 6, 2011
Sask. economic growth second-highest in 2011-12
Saskatchewan will once again find itself near the top of the provincial heap in terms of economic growth, with output expanding at an average rate of 3.5 per cent over 2011 and 2012, according to the latest economic forecast by Scotiabank.
- Leader Post | Read more...
July 6, 2011
Which province will grow the fastest this year?
According to the Bank of Nova Scotia’s latest provincial outlook, average growth rates for Canada’s provinces for 2011/12 stack up as follows:
- Leader Post | Read more...
June 2, 2011
Sask. to lead provinces in growth
Saskatchewan's economy is expected to grow by 3.9 per cent in 2011, tops among the provinces, according to a new report from BMO Bank of Montreal.
- LeaderPost | read more...
May 24, 2011
S&P upgrades Saskatchewan on low debt burden
The province joined an elite club of provinces on Tuesday when Standard & Poor’s upgraded its debt rating to triple-A. The only provinces to share the triple-A honour are western neighbours Alberta and British Columbia.
Globe and Mail | Read more...
May 20, 2011
SASKATCHEWAN’S MARCH RETAIL SALES SHOW HIGHEST YEAR-OVER-YEAR GROWTH IN CANADA
Saskatchewan’s economy continues to keep apace of expectations for 2011 with year-over-year numbers for retail sales in March leading the nation, according to the latest figures from Statistics Canada.
Enterprise Saskatchewan | Read more...
May 18, 2011
Saskatchewan boasts highest trade increase in Canada: Stats Canada
Trade is increasing faster in Saskatchewan than the rest of the provinces, according to new figures from Statistics Canada.
- Global News | Read more...
May 10, 2011
Canadian housing market resilient; U.S. not so lucky
Another day of data brought further proof of the resiliency of the Canadian housing market and the current frailty of its U.S. counterpart.
- LeaderPost | Read more...
May 10, 2011
Increase in Housing Starts
Home builders in the province's two largest cities started work on 394 housing units in April, a 43-per-cent increase from 276 in April 2010, with multiple-family housing accounting for most of the gains, according to Canada Mortgage and Housing Corp. (CMHC).
- LeaderPost | Read more...
May 5, 2011
- Enterprise Saskatchewan | Read more...
April 21, 2011
Retail sales jump in Saskatchewan, highest year-over-year increase in Canada
Saskatchewan shoppers are on a spending spree this year, as retail sales jumped seven per cent in February over the same period last year — the highest increase in Canada — Statistic Canada said Thursday.
- LeaderPost | Read more...
April 6, 2011
March 1, 2011
PRIVATE AND PUBLIC INVESTMENT INTENTIONS FOR 2011 AT RECORD LEVELS
Private and public investment in Saskatchewan is expected to reach a record $17 billion according to a report released by Statistics Canada today.
February 18, 2011
CONFERENCE BOARD FORECAST PICKS SASKATCHEWAN ECONOMY TO LEAD NATION IN 2011
The newest forecast by the Conference Board of Canada (CBOC) has Saskatchewan leading the country in economic growth in 2011 and 2012.
- CanadaViews.ca | Read more...
February 5, 2011
Job numbers increase: 517,400 people employed in Saskatchewan
The new year arrived with a bang in the Canadian, Saskatchewan and Regina labour markets, creating a "January jobs bonanza.''
January 7, 2011
Saskatchewan leads in population growth
Saskatchewan continues to be the fastest growing province in Canada, as the population grew by 1.53 per cent in the past year. Saskatchewan's growth rate is slightly ahead of B.C.'s rate of 1.5 per cent.
- SaskLifeStyles.com | Read more...
December 30, 2010
Sask. expected to lead Canada in economic growth in 2011
It is predicted the province’s economy will grow by 3.7 per cent, which is well ahead of the national average of 2.5 per cent.
- Global Regina | Read more...
December 23, 2010
Saskatchewan workers see the largest earnings increase in Canada
A 7.7 per cent jump in average weekly earnings, the largest increase in Canada, has lifted Saskatchewan above the national average for the first time.
- Government of Saskatchewan | Read more...
December 22, 2010
Saskatchewan sees fastest rate of population growth
Saskatchewan's population has increased by 16,000 people over the past year. The number of people living in the province is at an all time high.
- Golbal Regina | Read more...
December 16, 2010
Saskatchewan projected to lead the nation in economic growth
Led by a resurgence in potash mining, Saskatchewan’s economy is expected to lead the nation in growth in 2011, moving ahead of Newfoundland.
- GlobalWinnipeg.com | Read more...
December 15, 2010
Sask. GDP growth should be tops in 2011: RBC
Thanks in part to the potash boom, Saskatchewan's economy should see 4.5 per cent growth in 2010 and 5.3 per cent in 2011, a report from the Royal Bank says.
- CBC News | Read More...
December 2, 2010
- Leader-Post l Read more...
November 29, 2010
Sask. housing market rebounds in Q3: RBC
Saskatchewan's housing market rebounded in the third quarter as some softening home prices and lower mortgage rates contributed to a significant improvement in affordability, according to the latest Housing Trends and Affordability report released Monday by RBC Economics Research.
Leader-Post l Read more...
November 26, 2010
Resale home prices to increase in Regina and Saskatoon over next year: report
Resale home prices are poised to increase in both Regina and Saskatoon over the next year, according to a report released Friday by the Conference Board of Canada.
– Leader-Post l Read more...
October 14, 2010
Sask Economic and Population Growth a "New Reality": Conference Board
Saskatchewan's strong economic and population growth in recent years is not an aberration, but a "new reality,'' says the head of the Conference Board of Canada's metropolitan outlook.
- Leader-Post | Read more...
October 5, 2010
Housing Market Makes Strides
The Canadian housing market “vastly improved” over the last three months, ReMax Canada said Tuesday, but sales are expected to remain sluggish for the rest of the year.
- The Globe and Mail | Read more...
September 16, 2010
Saskatchewan's Economy Looking Promising
A promising economy is one of the many reasons why experts say Saskatchewan has a sunny future ahead - and now several opportunities are creating a great need for workers. (Global Transportation Hub under construction in west Regina.)
- GlobalToronto.com l Read more...
September 13, 2010
Saskatchewan to Lead Canada in Economic Growth in 2010: RBC Forecast
Saskatchewan is set to lead the country with an economic growth rate of 6.3 per cent in 2010 — led by a huge increase in potash production, according to Canada's largest bank.
- Leader-Post |Read more...
September, 2010
Western Canada: Leading Out of the Recession
Driven by natural resources and a knowledge-based work force, the resurgence of Manitoba, Saskatchewan, Alberta, and British Columbia is good news for the Canadian economy.
- Area Development | Read more...
August 10, 2010
Oil Wells Drilled in Saskatchewan Nearly Doubles
The number of oil wells drilled in Saskatchewan so far this year has nearly doubled from the same period in a sluggish 2009, the provincial Ministry of Energy and Resources said today.
– Leader-Post l Read more…
July 14, 2010
Saskatchewan Benefiting from Trade with BRIC Countries
Saskatchewan’s export-oriented economy is benefiting from its greater exposure to fast-growing BRIC countries (Brazil, Russia, India, China) and lower exposure to slow-growing U.S. and Europe, a CIBC report said Wednesday.
- Leader-Post l Read more…
July 6, 2010
Saskatchewan Building Permits Soar in May
Construction site activity picked up in Saskatchewan during the month of May according to a report released by Statistics Canada today.
- by Gov’t of Saskatchewan (CanadaViews.ca) l Read more…
July 2, 2010
Confidence in Canadian Economy Strongest in the Prairies: RBC Canadian Consumer Outlook Index
Across Canada, prairie residents are the most optimistic about the current state of the Canadian economy…
- CNW l Read more…
June 23, 2010
West to Lead Recovery in Canada
3.4% growth predicted for nation. Quebec, other eastern provinces forecast to stay below national average.
- The Gazette l Read more…
June 10, 2010
RBC Predicts Fastest Economic Growth in a Decade
Canada's economy is expected to surge in 2010, according to a new report from RBC Economics, which predicts gross domestic product growth of 3.6 per cent as a result of strong demand and increased job creation. RBC says Canada's real GDP grew at 6.1 per cent in the first quarter, the fastest pace in a decade... "Canada's economy continued to surge ahead as domestic demand was backed by increases in consumer, housing and government spending," said Craig Wright, senior vice-president and chief economist at RBC..."Looking ahead, positive signs in the job market indicate that the recovery will continue in the near term, as private investment increases following a sharp decline during the recession and core inflation remains on target."...RBC suggests Saskatchewan will lead the country in 2011 with a growth rate of 4.4 per cent, followed by Alberta at 4.2 per cent.
- National Post l Read more…
June 10, 2010
Saskatchewan Poised to Lead the Country in Economic Growth: RBC Economics
- CNW l Read more…
April 27, 2009
Saskatchewan Could Overtake Alberta in Oil Production
Saskatchewan may soon overtake Alberta as the country's largest conventional oil producer, Energy and Resources Minister Bill Boyd said Monday at an international oil conference in Regina. Boyd told about 900 delegates at the 17th annual Williston Basin Petroleum Conference that Saskatchewan's oil and gas industry set several records last year. "We set a new record for oil production in Saskatchewan last year,'' Boyd said, referring to 161 million barrels of oil produced in the province last year, breaking the previous record of 156 million barrels set in 2006. Production from Saskatchewan's portion of the Bakken has jumped from 950 barrels of oil per day (BOPD) in October 2004 to 54,000 (BOPD) in October 2008.
- The Leader-Post