Saskatchewan’s economy remains one of the strongest in the nation. From February 2022 compared to February 2023, Saskatchewan’s merchandise exports saw an increase of 31.9 per cent. In the first two months of 2023 merchandise exports increased by 43.7 per cent, compared to the same period in 2022. Saskatchewan ranks first among the provinces in percentage change.

Total merchandise exports for February 2023 were valued at more than $4.2 billion.

“Saskatchewan continues to provide the food, fuel and fertilizer that a growing population needs,” Trade and Export Development Minister Jeremy Harrison said. “Our government is committed to supporting growth that works for everyone, because growing our exports abroad creates jobs for those here at home.”

Aircraft and other transportation equipment and parts, as well as electronic and electrical equipment and parts lead the year-over-year growth, with increases of 285.7 per cent and 82.3 per cent respectively.

Saskatchewan’s agriculture exports also remain some of the highest in the nation, with the province posting a third consecutive year of record agri-food exports in 2022 with a total value of $18.4 billion. The leading agri-food export commodities in 2022 were canola oil, non-durum wheat, canola seed and lentils.

Additionally, Statistics Canada reported that Saskatchewan led the provinces in growth of investment in building construction, with a 21.5 per cent increase in January 2023 compared to January 2022.  

Saskatchewan’s job market is also seeing growth, with the most recent labour force numbers showing 9,400 new jobs created in February 2023 compared to February 2022, an increase of 1.6 per cent.