The Government of Saskatchewan is committed to providing a stable investment climate in the province.
Government is also committed to maintaining stable and competitive royalty rates on natural resources developed in partnership with industry.
Saskatchewan has created an economic environment that allows businesses of all sizes to grow and prosper. Government has introduced several initiatives to reduce red tape and streamline regulations.
The Saskatchewan Ministry of the Economy supports investment by offering investors a single-point-of-access to the information and services needed to successfully do business. If you are thinking about investing in Saskatchewan, please contact us and allow one of our professional staff to guide you through and streamline the process.
Since 2007, Saskatchewan has reached an estimated $135.5 billion in new investments (based on Statistics Canada 2016 preliminary estimates).
International companies that have invested or opened operations in Saskatchewan include:
- BHP Billiton
- K+S Potash
- Yara International
Innovation and Research Infrastructure
Innovation Saskatchewan is the central agency of the Government of Saskatchewan with responsibility for implementing Saskatchewan’s innovation priorities. Innovation Saskatchewan develops policies and programs and conducts activities that assist in the implementation of the innovation priorities of the Government of Saskatchewan.
Saskatchewan has an extensive research infrastructure, with a particular focus on agriculture, agricultural biotechnology, energy, and carbon capture and storage.
Population and Demographics
Saskatchewan's population is at an all-time high. As of April 1, 2017, there were 1,161,365 people living in Saskatchewan, an increase of over 17,217 in the past year.
Saskatchewan has two demographic factors that make it unique:
- The province has the third largest percentage of workers aged 15 to 24 in Canada. In the next 15 years nearly 200,000 people will reach employment age. This is important considering the wave of baby boomers expected to retire in the next decade.
- Aboriginal people made up about 15.6% of the province’s population in 2011 and are expected to account for about one in five people in Saskatchewan by 2036. The relatively young age of the Aboriginal population provides opportunities to meet future labour demands.