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Statistics Canada has released a new set of data which shows that Saskatchewan is continuing on its path forward for growing value in building permits, which had a 78.7 per cent increase from January 2024 compared to January 2025 (seasonally adjusted).
The figure would place Saskatchewan third among the provinces for year-over-year growth. Saskatchewan has kept that figure going over the last few months in what has been a consistent performance among the provinces for growth in the value of building permits.
"This continued growth in building permits shows just how confident investors are in making long term investments and developing new projects in Saskatchewan," said Trade and Export Development Minister Warren Kaeding. "New building permits being issued means more jobs for our growing workforce and more people choosing to settle and build their lives across our great province."
That growth was also seen in the two biggest cities of Saskatchewan as Regina saw a 54.9 per cent increase and Saskatoon saw a 189 per cent increase. The figures include the dollar value of construction permits for residential and non-residential buildings.
Other figures from Statistics Canada's latest GDP numbers point to Saskatchewan's 2023 real GDP reaching an all-time high of $77.9 billion, increasing by $1.8 billion, or 2.3 per cent. This ties Saskatchewan for second in the nation for real GDP growth, and above the national average of 1.6 per cent.