A healthy economy is one where all people thrive.
Our economic data tells the story of strength. As one of the most resilient economies in Canada, businesses choose the Saskatoon Region for expansion and investment because we have proven we stay strong no matter how the world around us changes. Often, the innovations that happen here inspire global change.
The Saskatoon Region is growing, vibrant, and primed for prosperity.
Our economy is shaped by the people and industries that choose to live and do business here.
Who we are
Our residents and workforce are ambitious, dedicated, and value a healthy, balanced lifestyle. The Saskatoon Region is the youngest and the fastest-growing major city in the country, with a diverse talent pool ready to make change.
Where we are
Our central location makes us an ideal choice for export, trade, and connection. Inclusive and multicultural, we attract people from around the world with more than 350,000 residents calling the Region home.
Airport Traffic
1,092,287
16.0% change from Q3 2023
What we do
The Saskatoon Region is a global hub for innovation, with systems and supports for startups through global brands. The common theme across our key industries is impact—here, we make our Region, country, and world stronger and better than before.
Total Real GDP
$25.98 B
3.1% change from Q3 2023
New Business Licenses
710
-13.1% change from Q3 2023
Inflation Rate
1.4%
-2.9 PP change from Q3 2023
What it’s like
Quality of life is not always quantifiable, but with affordable housing and leasing, competitive business incentives, and more time to lead the life you’ve always dreamed of, living here makes a difference.
Housing Starts
1,875
-2.9% change from Q3 2023
Building Permits
703.954M*
-13.7% change from Q3 2023
New Listings
2,349
2.8% change from Q3 2023
Average Home Price
$404,400
7.4% change from Q3 2023
Economic Reports
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Whether you’re considering growing your business or making a strategic investment in a key sector, our team can connect you to the people and information that make a clear, strong case for the Saskatoon Region.
