Investing in the Saskatoon Region
The Saskatoon Region shone in 2010 and continues to be the place to invest in 2011. The Conference Board of Canada reports that the Saskatoon Census Metropolitan (CMA) led Canada in 2010 with the fastest population growth at 2.7% to 265,300 people. The Saskatoon Region’s population represents over ¼ of Saskatchewan’s total population. In addition to this, the average disposal income of the population has been steadily increasing.
2010 Real Gross Domestic Product (GDP) results showed an overall increase of 3.9% in the Saskatoon CMA compared to the previous year (from $9.3 Billion to $9.7 Billion). In terms of GDP as a percentage by sector, gains were made in 2010 over 2009 in the wholesale and retail trade (1% ↑) and primary and utilities (1% ↑).
2010 Saskatoon GDP Breakdown by Sector
Source: Conference Board of Canada
Why Invest in the Saskatoon Region
A Strong, Diversified Economy
- Conference Board of Canada names the Saskatoon Region as one of the most diversified economies in North America
- World-Class Research and Development Infrastructure
- Competitive Business Climate
- Sustained Population Growth
- Increasing Personal Incomes
- Higher Consumer Confidence
- Continued Industrial & Commercial Expansion
- Strong Resale Housing Market
World-Class Businesses
Many world-class businesses have chosen to locate in the Saskatoon Region, including:
- PotashCorp
- Cameco
- BHP Billiton
- Areva Resources
- Hitachi Industries
- Maple Leaf Foods
- Case New Holland
- Cargill
- Bayer Crop Science
- Dow AgroSciences
