Below you'll find MLA Tim McLeod's Report from the Legislature for July 18, 2024.
The views expressed below are solely the opinions of the author and do not necessarily reflect the official stance of Golden West.
July 14 to 20 is Saskatchewan Parks Week, featuring fun activities for visitors in anticipation of Canada’s Parks Day on July 20. Saskatchewan Parks Week is a unique opportunity to experience exciting events and programs across our provincial parks. We hope everyone can discover new ways to connect with nature and take time to enjoy all Saskatchewan parks have to offer this summer!
Saskatchewan’s economy is strong and our future is bright. According to Deloitte’s Economic Outlook Summer 2024, “Saskatchewan’s economy will be one of the country’s leaders in growth over the near term as a recovery in the agriculture sector and very strong business investment propel real GDP growth of 1.6% this year and 4.3% next year.”
The Conference Board of Canada solidifies this in Saskatchewan’s Five-Year Outlook, stating “Saskatchewan’s finances are still an envy of most other provinces.” Our strong and growing economy makes Saskatchewan a great place to live, work and raise your family.
Inflation in Saskatchewan remains at about half the national rate, due in part to our government’s decision to remove the carbon tax off home heating. Our inflation rate for June was 1.4 per cent, tied for the lowest among the provinces and about half the national rate of 2.7 per cent.
Just imagine how much that inflation rate would drop if the carbon tax was removed off everything for everyone. Our government will continue to provide the necessary relief for families while standing up for Saskatchewan people.
Private investment continues to fuel our province’s strong economy as well. Cargill’s new canola crush plant in Regina is now 50 per cent complete and expected to open sometime next year. This facility will help our province work towards the Growth Plan goal of crushing 75 per cent of the canola Saskatchewan produces right here in the province.
Saskatchewan has the food, fuel and fertilizer the world needs, including canola grown and processed right here at home. Processing facilities like these will add value to the canola our producers grow, create local jobs and support Saskatchewan’s economic growth.
As Saskatchewan’s economy continues to grow, I look forward to hearing from you. You can reach my office at 306-692-8884 or mjnorthmla@sasktel.net.