Enterprise Saskatchewan

The current provincial government is committed to providing a stable investment climate.

In 2009, the provincial debt was reduced by almost 40% from about $6.8 billion to $4.2 billion – the largest reduction in the province’s history.

The Saskatchewan government has publicly committed to maintaining stable and competitive royalty rates on natural resources developed in partnership with industry.

Government has introduced several initiatives to reduce bureaucracy and streamline regulations.

As well, the government has introduced a major project co-ordination model designed to streamline business entry into the province. Under this new model, a specific provincial Cabinet minister is appointed to champion each major project within Cabinet and act as single point-of-contact for business leaders looking to invest or expand their existing business.

One of Canada’s major economic think-tanks, the Vancouver-based Fraser Institute, ranked Saskatchewan second only to Alberta in its 2009 Canadian investment climate index. The province has steadily improved its ranking in this index from a sixth-place showing in 2004.