Immigration.ca - Canada Immigration News - January 2008
Last year, average incomes grew in Saskatchewan more than any other province, including Alberta. According to a report issued last week by Statistics Canada, incomes in Saskatchewan were up 6.9 per cent, compared to Alberta’s growth of 5.6 per cent, which was third. Second in growth was Manitoba at 5.8 per cent.
The strong growth has been attributed to the rising labour demands in Saskatchewan, where employers are competing for skilled workers. Despite having 8,000 more workers this year, the fact that Saskatchewan still had the top income growth shows their economic strength, according to Regina’s Leader-Post.
John Hopkins, CEO of Regina’s Chamber of Commerce, said in an interview with the Leader-Post that the report was “good news” for the growing province, but cautioned that the higher incomes will be offset by rising costs of living.
However, the forecast for the province’s economic future is promising, Hopkins predicted, due to their strong manufacturing sector and sales. The government also plans to provide its population with the “educational and training opportunities” necessary to meet employer demands and sustain growth.
Source: Leader-Post
