Saskatchewan has massive infrastructure opportunities to match super-sized resources and industries.
Analysts across Canada agree that many factors will enable Saskatchewan to sustain growth in this sector. New capital spending by public and private organizations in Saskatchewan is expected to achieve a record level of $17.0 billion in 2011, an increase of 7.2% from 2010.
Even amidst a changed global economic landscape, the province offers lucrative land development opportunities. Construction is a robust industry in the province as reflected in building permits, which set an all-time record of $2.6 billion in 2011, up from $2.1 billion in 2010. Saskatchewan's growth outpaced the 1.7% national rise.
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REGINA SK S4P 3Z8
May 7, 2012
Saskatchewan building permits hit a new monthly record in March 2012 according to a report released by Statistics Canada today.
