Saskatchewan looking forward to economic growth in 2010
Saskatchewan can look forward to substantial economic growth in 2010, according to three economic reports released this month.
The Conference Board of Canada recently released a report indicating that the province, particularly in the cities of Regina and Saskatoon, will see substantial growth this year and through the next four years.
At the same time, Statistics Canada reported that building permits, a good indicator of the state of the economy in a particular area, had increased by almost 20 per cent in February 2010 when compared to the same time last year.
As well, the Canadian Federation of Independent Business announced that business optimism in Saskatchewan, measured by surveying existing businesses, has hit a two-year high and leads that of all the provinces.
"These are three clear indicators that the economic recovery is now in full swing here in Saskatchewan. There's more construction starting, business owners are more confident and our economy is growing again," Advanced Education, Employment and Labour Minister Rob Norris said.
All of the above are signs that jobs in Saskatchewan are going to continue to grow, and that Saskatchewan will continue to be a top destination for immigrants coming to Canada. The province expects the success of the Saskatchewan Immigrant Nominee Program (SINP)
to carry on.