Saskatchewan’s retail sector continues to climb, recording an 8.2 per cent year-over-year increase in retail trade sales from March 2024 to March 2025, according to seasonally adjusted figures. The growth places the province second among all provinces in retail trade performance.
“These statistics speak to the stability of Saskatchewan's economy and the strength of our business community,” Trade and Export Development Minister Warren Kaeding said. “Every new purchase made here helps drive opportunity by supporting jobs, encouraging investment and reinforcing confidence in our province's business friendly environment.”
Retail trade sales in the province totalled $2.2 billion in March 2025.
Data comes from the Monthly Retail Trade Survey, which tracks sales, including e-commerce, and the number of retail locations by province, territory and selected metropolitan areas. Retail sales reflect total receipts at stores that sell goods and services directly to final consumers.
Saskatchewan’s economic momentum is also reflected in other key indicators. According to Statistics Canada, the province’s real gross domestic product (GDP) at basic prices reached a record $80.5 billion in 2024, an increase of $2.6 billion or 3.4 per cent from the previous year. That growth rate is second highest in the country and more than double the national average of 1.6 per cent.
Private capital investment in the province rose 17.3 per cent last year to $14.7 billion—also the highest increase among provinces. Investment is projected to reach $16.2 billion in 2025, a 10.1 per cent gain, ranking Saskatchewan second in anticipated growth.
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