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Saskatchewan Housing Starts Continue to Climb, released by Saskatchewan on 16 January 2024

Good day ladies and gentlemen, this is IRC news, I am Joy Stephen, a certified Canadian Immigration practitioner, and I bring to you this Provincial News Bulletin from the province of Saskatchewan. This recording originates from the Polinsys studios in Cambridge, Ontario.

The latest numbers show that Saskatchewan is among the top provinces in Canada for urban housing starts, with December’s numbers up 86.4 per cent year-over-year from December 2022.

Today’s numbers build on other recent economic successes. According to Statistics Canada, building permits were up 83.9 per cent in November 2023 over November 2022 (seasonally adjusted), which is the highest increase in Canada. Wholesale trade also increased by 21.6 per cent in November 2023, when compared to November 2022 (seasonally adjusted). Investment in building construction continues to grow, reaching $493 million for October 2023 (seasonally adjusted).

Statistics Canada’s Labour Force Survey showed employment in Saskatchewan reached 600,200 in December 2023, adding 22,100 jobs year-over-year. This ranked Saskatchewan second among the provinces in terms of percentage change at 3.8 per cent. Saskatchewan ended the year with a seasonally adjusted unemployment rate of 5.0 per cent, below the national average of 5.8 per cent. 

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