Significant jump in Sask. manufacturing sales

REGINA — Latest numbers from Statistics Canada show Saskatchewan’s manufacturing sales, had a 7.5 per cent increase for month-over-month growth for April 2024, compared to March 2024 (seasonally adjusted).

In April, the value of Saskatchewan manufacturing sales totalled $2.1 billion. Photo by Skitter photo/Pexels

This places Saskatchewan second among the provinces. Year-over-year growth in this category was also strong with an increase of 5.4 per cent for April 2024, compared to April 2023 (seasonally adjusted), ranking third among the provinces.

In April 2024, the value of manufacturing sales totalled $2.1 billion.

Saskatchewan’s overall exports have been strong, totaling over $101.9 billion for 2022 and 2023 combined. This is a 52.2 per cent increase from the previous two-year period of 2020-2021, which saw $66.9 billion in total exports.

Private capital investment is projected to reach $14.2 billion in 2024, an increase of 14.4 per cent over 2023. This is the highest anticipated percentage increase in Canada.

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