The value of wholesale trade increased by 48.3 percent between January 2022 and January 2023, indicating that the economy of Saskatchewan continues to be robust. This ranks second out of all the provinces.
In January 2023, wholesale trade was worth $4.9 billion.
Trade and Export Development Minister Jeremy Harrison stated, “Saskatchewan’s economy continues to lead the nation, and this week alone we have seen impressive numbers not only in wholesale trade, but also in building construction and housing starts.” Saskatchewan clearly possesses what the world requires. Our government will continue to work to boost that growth so that everyone in the province will benefit.”
Numerous economic indicators in Saskatchewan have increased significantly. From February 2022 to February 2023, urban housing starts saw the highest increase in Canada, rising by 76.4%. Between January 2022 and January 2023, investment in building construction also increased by 21.5%. According to the most recent labor force survey conducted by Statistics Canada, there were an additional 9,400 jobs created in February 2022, representing an increase of 1.6%.
