Capital investment has almost doubled in the province since 2004, growing from $7.5 billion in 2004 to $14 billion in 2008.
- Small businesses, defined as those with less than $5 million in annual sales or with fewer than 50 employees, contribute more than $3.3 billion annually to Saskatchewan's economy.
- 96% of all firms in Saskatchewan are small.
- Small businesses employ over 140,000 people.
- They directly employ about one-third of Saskatchewan's labour force and account for 42% of total private sector employment. (Source: Statistics Canada, Employment Dynamics, 1999 ; and, Statistics Canada Business Register, 2004)
- Many of the large businesses in the province are a product of local home grown entrepreneurship. Of the 130 largest private manufacturers in Saskatchewan, 50% were originally started by an entrepreneur as a local small business venture. (Source: KPMG Peat Marwick Stevenson and Kellogg, Saskatchewan Fast Growth Study, June 1993)
- 69% of all Saskatchewan businesses are located in rural areas, with the majority (67%) having less than 5 employees (Source: Rural Businesses in Saskatchewan, Sask Trends Monitor; p. 31, June 8, 2004)
Please contact us toll free at 1-800-265-2001 or contact the Regional Office in your area. You may also want to contact your local Regional Economic Development Authority or Regional Enterprise Centre.
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