Regina, Saskatchewan — Saskatchewan’s government is reporting “strong signs of economic recovery” as the province declares a 61 percent increase in manufacturing sales in June 2021, as compared to last year’s numbers.
“Manufacturing sales are trending upwards for Saskatchewan, continuing to show a strong post-pandemic economic recovery,” said Minister of Trade and Export Development Jeremy Harrison.
“Saskatchewan has one of the most competitive business environments in all of Canada, and we continue to be leaders in the nation in our key sectors of oil and gas, forestry, agriculture, manufacturing and others.”
Government officials currently value the province’s manufacturing industry at $1.7 billion.
The province also reported a monthly sales to increase in June 2021 by 7.5 percent compared to May 2021 (seasonally-adjusted), the highest increase among provinces, according to the government’s press release.
As well, nationally, manufacturing sales grew by 20 percent, year over year.
June 2021 wholesale trade also recorded a seasonally adjusted increase of 2.5 percent year over year. The value of Saskatchewan wholesale trade for June 2021 was approximately $2.4 billion.