Saskatchewan leads Canada in year-over-year growth in the two key economic indicators of manufacturing sales and wholesale trade for the second month in a row..“The strong Saskatchewan economy continues to grow and lead the country,” said Trade and Export Development Minister Jeremy Harrison. .“These significant double-digit growth rates in manufacturing sales and wholesale trade — both by a wide margin over the provinces with the second-highest growth — show our province is open for business, and we are poised to further increase our exports around the world.”.Saskatchewan’s wholesale trade increased by 28.9% in March 2022 over March 2021, which was the largest percentage increase in the country..The wholesale trade products leading to the increase were farm products, food and beverage, and miscellaneous merchant wholesalers. .The total value of wholesale trade was approximately $3.2 billion in Saskatchewan..Saskatchewan’s manufacturing sales increased by 44.6% in March 2022 over March 2021, which was the largest percentage increase in Canada..The manufacturing sales leading to the increase were in the chemical, food, and wood products manufacturing industries..The total value of Saskatchewan’s manufacturing was approximately $2.2 billion..Another key economic indicator released today was the urban housing starts numbers for April 2022, which were up 43.6% over April 2021..The urban housing starts were the third-highest percentage increase in Canada..Urban housing starts are up by 28.4% in the first four months of 2022 compared to the first four months of 2021.
