Saskatchewan Building Permit Growth Continues to Lead Nation

December 10, 2023

Saskatchewan Leads This Month With 45.6 Per Cent in Year-Over-Year Growth

Statistics Canada released October 2023 numbers on the value of building permits, with Saskatchewan jumping 45.6 per cent compared to October 2022 (seasonally adjusted). Saskatchewan ranked second among provinces.

The total value of building permits in Saskatchewan was $204 million in October 2023.

“Saskatchewan’s economy continues to grow and thrive, and these numbers are proof of that,” Trade and Export Development Minister Jeremy Harrison said. “These figures show that over any province in the country, Saskatchewan is the place of choice to build and invest.” 

Saskatchewan has been leading the nation in many other key economic indicators. Most recently, international merchandise exports increased 26.3 per cent in October 2023 compared to September 2023. The province recorded the highest GDP growth out of all the provinces and territories at 6.0 per cent. Last week’s Labour Force Survey showed Saskatchewan has the second-lowest unemployment rate in Canada, with 19,300 new jobs year-over-year compared to November 2022. 

Building permits are the dollar value of construction permits for residential and non-residential buildings.

Source

Related Articles

Merertu Mogga Frissa

The Never-Ending Waves of Racism, Part 1: Reflections

Someone once asked me why we struggle with diversity and inclusion in Canada. My response was that we have never taken the time to discuss the value of both as a society. While Canada identifies itself as a multicultural country, the diverse make-up of the population itself is made to exist in a vacuum and outside of what multiculturalism seeks to achieve.

Heat Pumps are Lowest-Cost Option for Heating and Cooling Most Households, New Research Finds

Heat Pumps are Lowest-Cost Option for Heating and Cooling Most Households, New Research Finds

September 28, 2023 New research by the Canadian Climate Institute finds that heat pumps are already the lowest-cost way for most households across Canada to heat and cool their homes.  The new report, Heat pumps pay off: Unlocking lower cost heating and cooling in Canada, examines the cost of heating and cooling options across building types in Vancouver,…

Celebrating Canada’s First Black Female Master Electrician

Celebrating Canada’s First Black Female Master Electrician

Fabruary 7, 2024 In honour of Black History Month this February we are highlighting Shelly Harding-Smith, who holds the distinction of Canada’s first black female Master Electrician. Harding-Smtih was born and raised in Windsor, Ontario, and began attending jobsites alongside her father at a young age. Harding-Smith’s parents, Morris Harding and Ruth Henderson-Harding ran Harding…

Latest Articles

Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…