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Saskatchewan


 

This article is about the Canadian province. For the river, see Saskatchewan River.

Economy

Saskatchewan's economy is traditionally associated with agriculture, however increasing diversification has meant that now agriculture, forestry, fishing and hunting together make up only 6.8% of the province's GDP. Wheat is the most familiar crop, and perhaps the one stereotypically associated with the province, but other grains like canola, flax, rye, oats and barley are also produced. Mining is also a major industry in the province, with Saskatchewan being the world leader in potash exports. In the northern part of the province, forestry is significant.

Related Topics:
Agriculture - Forestry - Fishing - Hunting - Wheat - Canola - Flax - Rye - Oat - Barley - Mining - Potash

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Saskatchewan is also the world's most important supplier of uranium, and supplies much of the western world's supplies. The uranium industry is closely regulated by the provincial government which allows the government of Saskatchewan great latitude in setting world uranium prices.

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Saskatchewan's GDP in 2003 was approximately $32 billion (Canadian), with economic sectors breaking down in the following way:

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Finance, Insurance, Real Estate and Leasing - 17.1%

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Mining and Petroleum - 13.0%

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Education, Health, and Social Services - 11.9%

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Wholesale and Retail Trade - 11.7%

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Transportation, Communication, and Utility - 9.1%

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Manufacturing - 7.7%

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Agriculture, Forestry, Fishing and Hunting - 6.8%

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Business Services - 6.5%

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Government Services - 5.8%

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Construction - 5.0%

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Other - 5.3%

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Bombardier runs the NATO Flight Training Centre in Moose Jaw. Bombardier was awarded a contract for $2.8 billion from the Federal Government for the purchase of military aircraft and the running of the training facility. This contract was made sometime between 2001 and 2002.

Related Topics:
Bombardier - Moose Jaw - Federal Government

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