Saskatchewan’s Consumer Price Index (CPI) has risen by 1 per cent in April 2024 compared to the previous year. This is the second-lowest increase among provinces and is behind the national average of 2.7 per cent.
The province saw exports totalling over $101.9 billion for 2022 and 2023 combined. This is a 52.2 per cent increase from the previous two-year period of 2020-2021, which saw $66.9 billion in exports.
Private capital investments are projected to reach $14.2 billion in 2024, a 14.4 per cent increase from 2023. This is the highest anticipated percentage increase in Canada.
"Removing the Carbon Tax from home heating is helping our province tackle inflation," Deputy Premier and Minister of Finance Donna Harpauer said. "Our government will always fight for the people of Saskatchewan and stand up against policies that hurt our province."
The CPI is used to measure changes in the prices of goods and services over time. Inflation is shown by the growth of CPI and is used to assess changes to the cost of living as well as an individual's ability to buy goods and services, which is affected by changes in income and prices.