Sustaining Saskatchewan’s GrowthGrowth, Attitude and Action

Institute of Certified Management Consultants of Saskatchewan

In Cooperation with the Johnson Shoyama Graduate School of Public Policy

Saskatchewan:Demand for exports drives investment

BC

Sask

Ont

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50

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2003

2003

Change in Share of Canada’s Exports 2003 = 100

Source: Statistics Canada

World wants what we have

Global opportunitieswithin our reach

The place to invest

Saskatchewan: Unprecedented growth

Saskatchewan and Alberta leaders in economic growth since 2009

Economic drivers have been natural resource production and exports and construction activity from high levels of capital investment

Saskatchewan:Income levels have grown

Incomes have grown steadily since 2000, most dramatic since 2005

Highest incomes in Saskatchewan are in Estevan, Regina and Saskatoon

Saskatchewan:Employment has grown

Saskatoon and Regina employment growth amongst the strongest in Canada over the past 5 years

Saskatchewan: Return to positive attitudes

Regional communities Cooperation for win/win

World wants what we have

Global opportunitieswithin our reach

Entrepreneurial

International Immigration driving population growth

The place to invest

Population growth resumed

A prosperous future

Building together

Land of opportunity

Outward looking,confidence in the future

Innovative

Welcoming immigration

Outlook of abundance

Population growth

Create a better life

1905 2013

Saskatchewan:Residents believe the future is bright

85% of residents think the Saskatchewan economy will continue to be strong in the next 4 years

Source: Praxis Analytics 2013 household survey

Saskatchewan:Population growth in the cities

Population growth strongest in Saskatoon, Regina

60% of residents now live in cities

Regina and Saskatoon enroute to cities of around 300,000 or more within a decade

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Share of Sask Pop Growth

2006 – 2011 (%)

% Popula-tion Growth 2006 - 2011

Saskatchewan:Largest cities critical to sustaining growth

Employment growth is in the cities because service industries are predominantly urban-based

International immigrants tend to locate in the largest cities-1 % population growth to Saskatchewan annually and 2% to Regina and Saskatoon annual population growth

Saskatchewan:Saskatoon and Region key to sustain growth The largest cities and regions have seen the majority of the

growth

Larger cities and regions will attract and retain new skilled professionals and professional services

Larger cities and regions will attract value add manufacturing, processing, technologies, services

Larger cities and regions will attract increase immigration

Saskatchewan:There are inhibitors to growth

Such as high housing costs, traffic congestion / infrastructure, the rising cost of living

Housing supply is restricting growth

Saskatchewan:Sustainable growth requires action…

Continued business investment which requires…

Building our capacity related to infrastructure, skilled labour, value added production, cultural industries

Good policy and leadership from governments and institutions

Attitude, regional cooperation and inclusion