Saskatchewan’s GDP well above the national average, government says

May 3, 2026 | 1:57 PM

Saskatchewan’s GDP grew by 2.2 per cent bringing the total for 2025 to $85.4 billion, according to Statistics Canada.

GDP is the total value of goods and services produced over a specific time period and is a primary measurement used to evaluate the health of an economy. An increase in real GDP is viewed as a sign that an economy is growing.

The province’s GDP figure is well above the national average of 1.6 per cent, the Government of Saskatchewan said in a news release.

Growth in 2025 was widespread, with 14 out of 20 industries seeing increases. The most notable gain was in the agriculture, forestry, fishing and hunting category, which saw a rise of 15.2 per cent driven by significant growth in crop production, the government said.

Strong residential building and engineering construction also pushed the construction category up by 9.3 per cent.

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As well, private capital investment in Saskatchewan increased last year by 12 per cent to $13.6 billion, ranking first among provinces. The government said that efforts behind the province’s Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy is driving that momentum.

The government said the province has 60 large-scale projects either in planning or underway which represent $62 billion in investment from industries around the world who are “taking advantage of what Saskatchewan has to offer.”

“Saskatchewan’s economic success is built on the talent and determination of our producers and businesses,” Trade and Export Development Minister Warren Kaeding said in the release.

“Their success increases our economic stability and helps us be more resilient. This helps protect jobs and essential services while creating long-term economic opportunities for citizens.”

by CKOM

Saskatchewan’s GDP well above the national average, government says

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