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SREDA

The Saskatoon Region economy is one of the most diversified economies in the country, producing outstanding products and services that are in demand throughout the world. The 2016 KPMG Competitive Alternatives Study ranks Saskatoon second with the most competitive business environment at the lowest cost among cities in the Midwest United States and Western Canada.

SREDA develops quarterly updates on the Saskatoon Region’s economy. These updates provide information on the main economic indicators: GDP, employment, housing, sector overviews and more.

For current statistics including demographics, companies, real estate and more, visit the Saskatoon Statistics or Regional Statistics section.

2016 Q4

SREDA'S ECONOMIC RATING
C
FOR THE SASKATOON REGION

GDP & Population

GDP
17.4B
0.5% Change from Q3 2016
CMA Population
314,200
0.6% Change from Q3 2016
Population Age 15+
259,233
0.4% Change from Q3 2016

Employment

Unemployment Rate
7.4%
0.9% Change from Q3 2016
Employment Rate
65.5%
0.5% Change from Q3 2016
Labour Force
183,500
2.3% Change from Q3 2016
Participation Rate
70.8%
1.3% Change from Q3 2016

Housing

Housing Starts (YTD)
1,909
-16.7% Change from 2015
Building Permits (YTD)
$725.5M
-28.7% Change from 2015
Existing Home Sales (YTD)
890
-4.6% Change from 2015
Average Home Price
$344,803
-3.1% Change from 2015

Other Indicators - Saskatoon

New Business Licences (Q4)
278
-0.4% Change from Q4 2015
YXE Passenger Traffic (Q4 YTD)
1.453M
0.6% Change from Q4 2015

Saskatchewan (November YTD)

Weekly Earnings (Oct YTD)
$986
0.5% Change from 2015
Wholesale Trade
$21.47B
-11.4% Change from 2015
New Car Sales
$2.01B
-2.0% Change from 2015
Retail Sales
$17.1B
1.0% Change from 2016

Archives

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