Released on June 13, 2014
April’s manufacturing shipments broke records and had Saskatchewan leading the nation in terms of monthly percentage growth among the provinces. Compared to March 2014, shipments spiked 6.6 per cent (seasonally adjusted) and totalled $1.4 billion – an all-time high for the month.“Each and every day, our economy is building momentum,” Economy Minister Bill Boyd said. “Another strong month of manufacturing numbers is proof the province is poised for continued growth. Not only are manufacturers pumping billions of dollars into our economy each and every year, their quality products are helping build Saskatchewan’s reputation across Canada and around the world.”
Year-over-year, manufacturing shipments rose 8.4 per cent (seasonally adjusted). This landed Saskatchewan in third spot in terms of percentage change.
“It is important that we continue to build upon the strengths in our manufacturing sector,” Boyd said. “This is why our government committed $500,000 in the 2014-15 Budget to the Manufacturing Centre of Excellence - so that our valued manufacturers can continue to innovate, grow and prosper to their fullest extent.”
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For more information, contact:
Shanna Schulhauser
Economy
Regina
Phone: 306-787-5582
Email: shanna.schulhauser@gov.sk.ca