Manufacturing sales remain strong in Sask.

30 per cent growth year-over-year

Saskatchewan continues to show strong signs of economic recovery with manufacturing sales increasing by nearly 30 per cent year-over-year, the second highest percentage growth increase in Canada. Nationally, manufacturing grew by 14.8 per cent.

"Significant growth in leading economic indicators like manufacturing sales, wholesale trade and job growth show that our economy remains resilient and we are showing strong signs of recovery," Trade and Export Development Minister Jeremy Harrison said. "Saskatchewan has one of the most competitive business environments in all of Canada and the recent large private sector investments worth billions of dollars will create more jobs and opportunities for Saskatchewan people."

article continues below

On a month-over-month basis, the seasonally adjusted manufacturing sales grew by 10.6 per cent, above the national average of 3.5 per cent. This was also the second highest percentage increase among the provinces. The value of manufacturing sales in March 2021 was $1.49 billion.

Wholesale trade also recorded a seasonally adjusted increase of 13.2 per cent over last year, above the national average of 12.8 per cent (seasonally adjusted). The value of wholesale trade in March 2021 was $2.58 billion.

© Copyright Yorkton This Week


NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Yorkton This Week welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

June 9 to June 15 POLL

Was phasing in commerical property taxes a good decesion by Yorkton council?

or  view results

Community Event Calendar

Find out what's happening in your community and submit your own local events.

Popular Yorkton News