Saskatchewan Overview Saskatchewan is a prairie province located roughly in the middle of Canada. Some 10 per cent of ...
Saskatchewan is a prairie province located roughly in the middle of Canada. Some 10 per cent of its 651,900 square kilometers is covered by lakes and rivers. It is bordered by the Northwest territories to the north, Alberta to the west, and Manitoba to the east. The province runs along the United States border, near Montana and North Dakota. The population in Saskatchewan is over 1.1 million and growing, with most residents living in the southern part of the province.
The largest city in Saskatchewan is Saskatoon with 257,000 residents, followed by the capital of the province Regina with its 210,000 residents. Other major cities include Moose Jaw and Prince Albert. Saskatchewan has a low cost of living. Its residents enjoy some of the lowest tax rates amongst the provinces, including a sales tax of just 5 per cent.
Saskatchewan Job Opportunities
Saskatchewan has long been associated with agriculture, forestry, and fishing. However, these industries make up less than 7 per cent of the province's GDP. Mining is a major industry in the area, with Saskatchewan being the largest exporter of uranium and potash in the world. Saskatchewan is second only to Alberta in oil production and in turn 13 per cent of its GDP comes from mining and petroleum, making the oil and gas industry very prominent. However, the largest sectors are finance, insurance, and real estate, which account for over 17 per cent of Saskatchewan's GDP.
Saskatchewan Employment Trends
Saskatchewan has the lowest unemployment rate in Canada, as it has for years. The province's seasonally adjusted unemployment rate is just 3.6 per cent, versus a national average of 6.6 per cent. Plus, Saskatchewan boasts the second highest job growth rate in the country, with 2.5 per cent per annum growth year over year. The utilities industry gained the most at 16 per cent while forestry, mining, and other natural resources grew just over 10 per cent. Construction increased almost 8 per cent.