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A number of pages on the Government of Saskatchewan`s web site have been professionally translated in French. These translations are identified by a yellow text box that resembles the link below and can be found in the right hand rail of the page. The home page for French-language content on this site can be found here:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

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Economic Overview

Saskatchewan's Economy

Saskatchewan has a wealth of resources that is the envy of nations – agriculture, potash, uranium and oil. And the world is watching as Saskatchewan achieves technological firsts in crop science, plant protein, agricultural equipment and clean energy.

The province has a diversity of resources that has enabled it to weather global economic cycles. In fact, the province has seen record population, employment, investment and export growth in the past decade.

Gross Domestic Product

Although global commodity price declines have affected Gross Domestic Product (GDP) in recent years, Saskatchewan has experienced steady GDP growth over the past decade. The province posted a GDP of $82.5 billion in 2018 (using 2012 chained dollars).

2018 GDP by Sector

Real GDP by Industry

Investment

Saskatchewan has experienced a remarkable growth in investment in the past decade. Between 2008 and 2019, Saskatchewan is expected to reach an estimated $183 billion in new capital investment.

Investment in Saskatchewan's Capital Expenditures

The Fraser Institute Annual Survey of Mining Companies: 2019 ranked Saskatchewan the most attractive jurisdiction in Canada for mining investment.

The Government of Saskatchewan is committed to creating a fiscally stable economy. Saskatchewan maintains strong credit ratings with both Moody's Investor Services (triple A credit rating) and Standard & Poor's (double A credit rating). In addition, the Canadian Federation of Independent Business gave Saskatchewan an A grade for its red tape reduction efforts - the highest grade possible. The government puts a priority on making regulations clear, transparent and streamlined to help businesses get up and running quickly and keep costs down.

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