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International Profile: Global Investors Put Saskatchewan On The Radar

More than 1 million people call Saskatchewan home. Once known as “The World’s Bread Basket” because of its leading crop, wheat, Saskatchewan’s culture of innovation has transformed and diversified it from a single-crop economy into a remarkably robust and diverse powerhouse of contributing economic sectors.

Saskatchewan led Canada in economic growth in 2008 and is expected to do so again in 2009 according to national economic forecasts. Contributing to this outlook is the fact that new capital investment in Saskatchewan is expected to reach $14.2 billion in 2009, setting a provincial record for the fifth year in a row. It is also host to a variety of major infrastructure projects such as the Global Transportation Hub, a major new intermodal development in Regina.

The province possesses an export-based economy, shipping three quarters of what it manufactures around the world. Its exports increased by 58 percent in 2008 to $31.2 billion — the highest percentage growth rate in Canada and eight times the national average.

Full Story: http://bxjonline.com/bxj/article.asp?magarticle_id=1442

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