Eight major economic forecasters are predicting that Saskatchewan will have the fastest-growing economy in Canada in 2011. Saskatchewan's economy is expected to increase by an average of 3.7 per cent next year, well ahead of the 2.4 per cent forecast for the national average.
Enterprise Saskatchewan Minister Jeremy Harrison noted that Saskatchewan's population hit another record high in 2010. "What was even better news was that job [growth] continued to improve over last year and wage increases are among the best in Canada."
Saskatchewan's population reached 1,049,701 last year. More than 50,000 people have moved to the province since the start of 2007 - the fastest and most sustained period of population growth in decades.
The Fraser Institute recently ranked Saskatchewan second in the nation in its Canadian Investment Climate 2010 Report. "There is a new optimism that is prevalent across Saskatchewan in the last three years and it has contributed to our economic success," Harrison said.
from Western Investor, February 2011
