Saskatchewan: The Saviour
According to a recent report by Western investors,
Saskatchewan is poised for an economic boom in 2023. The report stresses, that the provincial economy, particularly in the southeast area, will see a boom beginning in 2023 led by resource industries.
To be honest, several major economic forecasts are also backing these claims. Along with
Alberta, Saskatchewan is taking the lead in several key indicators of economic growth, with recent reports by Statistics Canada showing Saskatchewan led in investment in building construction, manufacturing sales, and wholesale trade in 2022.
Saskatchewan is once again a national leader in several key indicators of economic growth, with recent reports by Statistics Canada showing Saskatchewan showed growth in building construction, manufacturing sales, and wholesale trade in July 2022.
Strong commodity prices have fuelled strong interest in Saskatchewan farmland and put the
province at the top of the charts in terms of value growth, according to Farm Credit Canada (FCC).
Agriculture also boomed in Saskatchewan in 2022 as the province led western Canada with an increase of 8.4 percent in the first six months of 2022—according to FCC, which released its mid-year farmland values report on Oct. 4—compared to a national average gain of 8.1 percent.