RETAIL TRADE NUMBERS HIT RECORD IN JULY
Released on September 23, 2014
Saskatchewan’s retail trade was thriving in July according to a new report released by Statistics Canada today. Retail trade was $1.6 billion in July 2014, the highest ever for the month of July, up 5.4 per cent over last year (seasonally adjusted).
“We have a versatile retail sector in Saskatchewan, and a consumer base that is confident about our economy,” Economy Minister Bill Boyd said. “It sets the stage for more purchases, large and small, and is good news for retailers.”
Retail sales improved on a month-over-month basis as well, rising 1.1 per cent in July – ahead of the 0.1 per cent decline recorded nationally.
“July’s increases were mainly because of a rise in new vehicle sales – and it’s encouraging to see Saskatchewan people have the means and the confidence to purchase a new car or truck,” Boyd said. “Retail trade has made positive gains so far in 2014 which is great for retailers and definitely helps to keep our economy moving forward.”
For more information, contact:
Deb Young Economy Regina Phone: 306-787-6315 Email: firstname.lastname@example.org
PROJECTIONS SHOW STRONG, CONTINUING GROWTH FOR SASKATCHEWAN
Released on September 17, 2014
Saskatchewan’s population could top 1.5 million people by 2038, according to a new report released today by Statistics Canada.
StatsCan issues its population projections every five years, outlining seven possible scenarios for population growth in Canada and the provinces. Its projections for Saskatchewan range from the province having a population of anywhere from 1,174,000 people to 1,527,000 people by 2038. The lower growth projections are based on population trends dating back to Saskatchewan’s zero-growth period of the 1990s and early 2000s, while the higher growth scenarios are based on Saskatchewan’s strong population growth trends in recent years.
Premier Brad Wall said he believes the strong growth scenarios are more likely, based on the experience in Saskatchewan in the past few years.
“Saskatchewan is strong and growing,” Wall said. “These projections show we are expected to keep growing and that’s a good thing. There are many challenges that come with growth, but I would rather deal with those than the challenges of decline our province was facing just a few short years ago.”
Wall noted that when Statistics Canada issued its population projections in 2005, four of the six scenarios saw Saskatchewan actually losing population over the next 25 years. Even the most optimistic scenario at the time saw Saskatchewan growing to just 1,064,000 people by 2031. Today, there are more than 1,120,000 people living in the province.
“Saskatchewan has now grown by more than 120,000 people in just the past seven years,” Wall said. “Today, the least optimistic projection shows stronger growth than the most optimistic one just a decade ago. Things have changed a lot in Saskatchewan.”
Wall said the government will continue working hard to keep Saskatchewan strong and meeting the challenges of growth.
For more information, contact:
Karen Hill Executive Council Regina Phone: 306-787-2127 Email: email@example.com Cell: 306-529-9207
The ‘SaskTrends Monitor’ August 2014 issue has the usual great commentary and charts – this issue has several regarding Saskatchewan incomes (amongst several other topics). I have included a few of the charts below.
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Doug Elliott | QED Information Systems | Sask Trends Monitor