Written by Shanna Empey on Friday, 06 February 2015
Saskatchewan continues to shine, as the province has now set monthly and annual records for merchandise exports.
The latest figures released by Statistics Canada show that in December of 2014, Saskatchewan saw a 30.2% increase over last year in exports totalling $3.15 billion, the highest ever for the month. Merchandise exports hit a record of $35.12 billion last year, up 8.9% over the previous $32.25 billion recorded in 2013, and to top it all off, Saskatchewan had the highest percentage increase among the provinces.
Minister of Immigration, Jobs, Skills and Training, Jeremy Harrison, says this highlights Saskatchewan’s strong and diversified economy.
“We’ve seen our labour market continue to perform well. We have the lowest unemployment rate in the entire country, have now for two years, we have some of the strongest job creation in the entire country, and this speaks to that and the fact that we are leading Canada in growth in terms of our merchandise exports, and in very diverse sectors,” he said. “You see that in metal ores and non-metallic minerals, you see it in aircraft and other transportation equipment, motor vehicles and parts, electronic and electrical equipment and parts, all of which were over 100% increases in December.”
Harrison adds these increases are a reflection of growth in manufacturing and the continued strength of our economy.
“What we have seen is very significant growth in our manufacturing sector here in Saskatchewan over the course of the last ten years or so. It’s really quite a remarkable story, the increase in manufacturing here and what that’s brought in term of diversification to our economic base,” he said. “It’s very good news, and it speaks to the wonderful work that our merchandise exporters are doing here in the province and contributing to our province continuing to move forward.”
via Local News http://ift.tt/1AAcdjp