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Sustaining Saskatchewan's Growth
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Sustaining Saskatchewan's Growth

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From the Saskatoon Regional Growth Summit, Doug McNair

From the Saskatoon Regional Growth Summit, Doug McNair

Published in: Education, Business, Sports

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  • 1. Sustaining Saskatchewan’s Growth Growth, Attitude and Action Institute of Certified Management Consultants of Saskatchewan In Cooperation with the Johnson Shoyama Graduate School of Public Policy
  • 2. Saskatchewan: Demand for exports drives investment Change in Share of Canada’s Exports 2003 = 100 300 250 200 150 100 50 0 World wants what we have Global opportunities within our reach Ont Man 2003 Sask Alta BC 200 3 Source: Statistics Canada The place to invest
  • 3. Saskatchewan: Unprecedented growth  Saskatchewan and Alberta leaders in economic growth since 2009  Economic drivers have been natural resource production and exports and construction activity from high levels of capital investment
  • 4. Saskatchewan: Income levels have grown  Incomes have grown steadily since 2000, most dramatic since 2005  Highest incomes in Saskatchewan are in Estevan, Regina and Saskatoon
  • 5. Saskatchewan: Employment has grown  Saskatoon and Regina employment growth amongst the strongest in Canada over the past 5 years
  • 6. Saskatchewan: Return to positive attitudes 1905 2013 Building together Regional communities Cooperation for win/win Land of opportunity World wants what we have Outward looking, confidence in the future Global opportunities within our reach Innovative Entrepreneurial Welcoming immigration International Immigration driving population growth Outlook of abundance Population growth Create a better life The place to invest Population growth resumed A prosperous future
  • 7. Saskatchewan: Residents believe the future is bright Source: Praxis Analytics 2013 household survey  85% of residents think the Saskatchewan economy will continue to be strong in the next 4 years
  • 8. Saskatchewan: Population growth in the cities  Population growth strongest in Saskatoon, Regina Share of Sask Pop Growth 2006 – 2011 (%) 80 70  60% of residents now live in cities 60 50 40  Regina and Saskatoon enroute to cities of around 300,000 or more within a decade 30 % Population Growth 2006 - 2011 20 Share of population 10 0 Rural and Small Urban Sask 8 Urban Centres
  • 9. Saskatchewan: Largest cities critical to sustaining growth International immigrants tend to locate in the largest cities -1 % population growth to Saskatchewan annually and 2% to Regina and Saskatoon annual population growth Employment growth is in the cities because service industries are predominantly urban-based
  • 10. Saskatchewan: Saskatoon and Region key to sustain growth  The largest cities and regions have seen the majority of the growth  Larger cities and regions will attract and retain new skilled professionals and professional services  Larger cities and regions will attract value add manufacturing, processing, technologies, services  Larger cities and regions will attract increase immigration
  • 11. Saskatchewan: There are inhibitors to growth  Such as high housing costs, traffic congestion / infrastructure, the rising cost of living  Housing supply is restricting growth
  • 12. Saskatchewan: Sustainable growth requires action…  Continued business investment which requires…  Building our capacity related to infrastructure, skilled labour, value added production, cultural industries  Good policy and leadership from governments and institutions  Attitude, regional cooperation and inclusion