The Saskatchewan economy continues to lead the way. According to a Statistics Canada report released recently, Saskatchewan had the greatest year-over-year growth in manufacturing sales in Canada.
In April 2013, Saskatchewan manufacturing sales increased 6.3 per cent (seasonally adjusted) from the year previous to set a new record for the month of April. This was well ahead of the minus 3.3 per cent average experienced nationally.
"Manufacturing remains an essential driver of the Saskatchewan economy and this report from Statistics Canada reflects its importance to our growth and success as a province," Economy Minister Bill Boyd said. "It also contributes to our expanding export market and creates jobs and opportunities across the province."
Manufacturing sales in Saskatchewan were $1.23 billion in April 2013. On a monthly basis, sales increased 10.8 per cent (seasonally adjusted) between March 2013 and April 2013, the largest percentage growth among the provinces. During that same period, eight provinces experienced a decrease in manufacturing sales.
"Food manufacturing and wood products were the industries experiencing the greatest increase in sales, but we have a great reputation around the world for the quality of goods we produce," Boyd said. "That is a direct reflection of the success and leadership of the companies we have manufacturing products in Saskatchewan."
