REGINA, Sask. — Statistics Canada's latest real GDP data shows the province's economy increased by 2.9 per cent from 2024 to 2025, reaching an all-time high of $84.5 billion.
"We have a lot to be proud of in these numbers," Trade and Export Development Minister Warren Kaeding said. "They reflect the work being done every day by people and businesses across our province. As new projects move forward and more companies choose to invest in Saskatchewan, we are creating jobs and opportunities that help people and communities succeed.”
GDP measures the value of goods and services produced within a prescribed geographic region over a specific period of time. Several sectors contributed to provincial economic growth in 2025. Agriculture, forestry, fishing and hunting expanded by 17.9 per cent, while construction increased by 10 per cent.
According to Sask. Trade and Export Development, the province's network of nine international trade and investment offices is opening doors to new markets, reinforcing global relationships and connecting investors with opportunities. Saskatchewan continues to share its story directly with global business leaders, as it did at the Canada Investment Summit in September, the ministry sasy.
There are 60 large-scale projects in planning or underway in Saskatchewan. These projects represent over $100 billion in private capital investment, including Bell Canada's plans to expand its data centre near Regina. With a private capital investment of $52 billion, the largest in Canadian history, the project will see thousands of jobs created in Regina and the surrounding area, according to Sask. Trade and Export Development.
Construction also began this year on NexGen Energy's $2.2 billion Rook I uranium project, while Denison Mines' Wheeler River uranium project represents an initial capital investment of approximately $600 million. Together, the two new projects represent an estimated $2.8 billion in investment for northern Saskatchewan.
