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Saskatchewan leads the nation in economic growth

Merchandise exports see continued growth.
Saskatchewan flag with proper credit
In the first three months of 2023, Saskatchewan saw the third-highest increase in the nation.

REGINA — Today, Statistics Canada is reporting more growth for Saskatchewan's economy. Merchandise exports have increased 13.4 per cent in March 2023 compared to February 2023, while year-over-year the province saw a 9.0 per cent increase.

In the first three months of 2023, Saskatchewan saw the third-highest increase in the nation with a 29.5 per cent jump, compared to the same period in 2022. 

In the first three months of 2023, the total value of merchandise exports was more than $13.6 billion, with farm, fishing and intermediate food products leading that growth at $5.9 billion.

Earlier this week, Statistics Canada released the 2022 Real Gross Domestic Product report, showing Saskatchewan with the highest increase among provinces with a 5.7 per cent jump from 2021. Saskatchewan has also led the nation in several other key economic indicators recently. In February 2023, Saskatchewan saw increases in wholesale trade by more than 30 per cent compared to February 2022 and an increase of 1.7 per cent in employment, with 9,500 new jobs created in March 2023.

 

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