REGINA — Tuesday, Statistics Canada released data showing the value of building permits issued in Saskatchewan had a 37.4 per cent increase from June 2024 compared to June 2025 (seasonally adjusted).
This places Saskatchewan second among the provinces for year-over-year growth.
Building permits saw a month-over-month increase of 13.4 per cent from May 2025 to June 2025 (seasonally adjusted).
The total value of building permits represents the dollar value of construction permits for residential and non-residential buildings and are an important indicator for raw materials and employment demand.
Statistics Canada's latest GDP numbers indicate that Saskatchewan's 2024 real GDP reached an all-time high of $80.5 billion, increasing by $2.6 billion or 3.4 per cent. This ranks Saskatchewan second in the nation for real GDP growth, and above the national average of 1.6 per cent.
Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces. Private capital investment is projected to reach $16.2 billion in 2025, an increase of 10.1 per cent over 2024. This is the second highest anticipated percentage increase among the provinces.
