Released on September 26, 2002
New figures released today show Saskatchewan is holding its own on
population.
Quarterly population figures from Statistics Canada indicate the province's
population was estimated at 1,011,808 as of July 1. That's basically
unchanged from the population estimate on April 1, 2002 - a decrease of
less than one-tenth of one per cent.
"These figures suggest that our population numbers may be starting to
mirror the job growth we've seen in recent months," Industry and Resources
Minister Eldon Lautermilch said. "Our economy overall is resilient and
diversified, we've got economic momentum and we've seen strong job numbers
in the last four months. These indicators will ultimately translate into
better population figures long-term."
Saskatchewan has posted four straight months of job growth year over year
and August's numbers were the highest for any August on record. Non-
agricultural employment is up 6,300 over the first eight months of this
year.
Net inter-provincial out-migration was down this last quarter from the
first quarter of 2002 and the comparable second quarter of 2001.
New figures show Saskatchewan leading the country in retail sales growth
year over year. Department store sales, residential building permits,
natural gas and mineral production, new motor vehicle sales and new
business incorporations are all up. New capital investment in Saskatchewan
is expected to grow by 5.7 per cent this year, the third highest percentage
increase of any province.
"This province is a great place to live, work and invest in, and we're
taking steps to create an even better climate for new business growth,"
Lautermilch said. "Bond rating agencies have noted that our tax cuts and
diversification have allowed Saskatchewan to strengthen its economic
fundamentals. And it's those fundamentals that are leading to new
investment and new jobs, and a return to the solid population growth that
we enjoyed for most of the past decade."
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For more information, contact:
Bob Ellis
Industry and Resources
Regina
Phone (306) 787-1691