August 2013 Prairie Economic Fundamentals
- Thread starter Ally
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High hopes for Brandon University housing project
Brandon University`s president is optimistic that a plan to develop non-profit housing units for mature students will go forward.
Deborah Poff said the university will be meeting with Manitoba Housing officials on Aug. 20 to see how to proceed with the project.
Read the full article here.
Brandon University`s president is optimistic that a plan to develop non-profit housing units for mature students will go forward.
Deborah Poff said the university will be meeting with Manitoba Housing officials on Aug. 20 to see how to proceed with the project.
Read the full article here.
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A Saskatchewan statistic that gets your attention
While a lot of you might find statistics boring, occasionally you will run across a statistic that leaps up and bites you.
Doug Elliott, publisher of SaskTrends monitor and probably Saskatchewan foremost statistical expert, is always a good source for such statistics.
Read the full article here.
While a lot of you might find statistics boring, occasionally you will run across a statistic that leaps up and bites you.
Doug Elliott, publisher of SaskTrends monitor and probably Saskatchewan foremost statistical expert, is always a good source for such statistics.
Read the full article here.
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Saskatchewan shows profit in the first quarter
The First Quarter Financial Report, released today by Finance Minister Ken Krawetz, shows revenue is up $11.8 million (0.1 per cent) from budget, primarily due to higher oil revenue.
`Saskatchewan`s economy is resilient and continues to perform well in 2013, with stronger-than-expected employment growth and higher oil prices,` Krawetz said. `Through the first quarter, Saskatchewan`s economy and finances remain on track. And while it is too soon to know the specific impact, we have reduced our potash revenue forecast by $21.3 million, largely to reflect uncertainty stemming from recent global potash market developments.`
Read the full article here.
The First Quarter Financial Report, released today by Finance Minister Ken Krawetz, shows revenue is up $11.8 million (0.1 per cent) from budget, primarily due to higher oil revenue.
`Saskatchewan`s economy is resilient and continues to perform well in 2013, with stronger-than-expected employment growth and higher oil prices,` Krawetz said. `Through the first quarter, Saskatchewan`s economy and finances remain on track. And while it is too soon to know the specific impact, we have reduced our potash revenue forecast by $21.3 million, largely to reflect uncertainty stemming from recent global potash market developments.`
Read the full article here.
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Saskatchewan continues to shine with employment
Saskatchewan continues to have to lowest unemployment rate in Canada, resulting in the highest employment growth yearly rate, according to Statistics Canada report
There were 564,100 people employed in the province during the month of July and youth unemployment fell from 7.5 per cent down to 6.4 per cent, far less than the national average of 13.9 per cent.
Read the full article here.
Saskatchewan continues to have to lowest unemployment rate in Canada, resulting in the highest employment growth yearly rate, according to Statistics Canada report
There were 564,100 people employed in the province during the month of July and youth unemployment fell from 7.5 per cent down to 6.4 per cent, far less than the national average of 13.9 per cent.
Read the full article here.
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Saskatchewan job surge counters national trend
Although unemployment crept up in Saskatchewan in July, the number of jobs continued to grow for the second consecutive month, Statistics Canada says.
According to StatsCan's monthly labour force survey, there were 559,300 people employed in the province in July, up 3,000 compared to June.
Read the full article here.
Although unemployment crept up in Saskatchewan in July, the number of jobs continued to grow for the second consecutive month, Statistics Canada says.
According to StatsCan's monthly labour force survey, there were 559,300 people employed in the province in July, up 3,000 compared to June.
Read the full article here.
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Wall says Saskatchewan economy diversifying
SASKATOON ` Saskatchewan`s premier is crediting growth in the agricultural, trade and manufacturing sectors for the province`s latest job numbers.
The latest monthly figures from Statistics Canada show Saskatchewan had the lowest unemployment rate at four per cent.
Read the full article here.
SASKATOON ` Saskatchewan`s premier is crediting growth in the agricultural, trade and manufacturing sectors for the province`s latest job numbers.
The latest monthly figures from Statistics Canada show Saskatchewan had the lowest unemployment rate at four per cent.
Read the full article here.
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Prairies potent economic force
With 19 per cent of Canada's population, the three Prairie provinces account for more than 25 per cent of the country's gross domestic product - and the economies of Alberta, Saskatchewan and Manitoba are growing at nearly twice the annual rate.
In this annual Prairie Horizons report, we detail how Prairie real estate markets are coping with the growth.
Read the full article here.
With 19 per cent of Canada's population, the three Prairie provinces account for more than 25 per cent of the country's gross domestic product - and the economies of Alberta, Saskatchewan and Manitoba are growing at nearly twice the annual rate.
In this annual Prairie Horizons report, we detail how Prairie real estate markets are coping with the growth.
Read the full article here.
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Saskatoon house sales show rebound in July
After Saskatoon and area house sales lagged behind 2012 levels for the fist half of the year, a strong July has put the market back on pace to hit similar number this year.
"We had a fairly strong July compared to most Julys, which is typically when the market slows down," said Jason Yochim, executive officer with the Saskatoon and Region Association of Realtors (SRAR).
Read the full article here.
After Saskatoon and area house sales lagged behind 2012 levels for the fist half of the year, a strong July has put the market back on pace to hit similar number this year.
"We had a fairly strong July compared to most Julys, which is typically when the market slows down," said Jason Yochim, executive officer with the Saskatoon and Region Association of Realtors (SRAR).
Read the full article here.
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New $100M rail hub will move crude from Saskatchewan
A $100-million rail hub able to ship 168,000 barrels of oil per day to U.S. markets is planned for Kerrobert, Sask., the latest in a string of proposed rail facilities aimed at giving producers more flexibility for moving crude.
Calgary-based TORQ Transloading, the company behind the Kerrobert plan, already operates several smaller oil and agricultural shipping ports in Western Canada, but CEO Jarrett Zielinski said Saskatchewan's economy convinced them to expand.
Read the full article here.
A $100-million rail hub able to ship 168,000 barrels of oil per day to U.S. markets is planned for Kerrobert, Sask., the latest in a string of proposed rail facilities aimed at giving producers more flexibility for moving crude.
Calgary-based TORQ Transloading, the company behind the Kerrobert plan, already operates several smaller oil and agricultural shipping ports in Western Canada, but CEO Jarrett Zielinski said Saskatchewan's economy convinced them to expand.
Read the full article here.
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Crops suffer from lack of sunny weather
The provincial agriculture ministry's weekly crop report warns that crop development is 10 days to two weeks behind normal in many areas, with warm weather needed.
Released Thursday, the report says some winter cereal crops in the southwest and west-central regions are ready to straight cut and producers have just started swathing canola.
Read the full article here.
The provincial agriculture ministry's weekly crop report warns that crop development is 10 days to two weeks behind normal in many areas, with warm weather needed.
Released Thursday, the report says some winter cereal crops in the southwest and west-central regions are ready to straight cut and producers have just started swathing canola.
Read the full article here.
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Manitoba hydro seeks approval for mega project
Manitoba Hydro is seeking approval for it's $20 billion megaproject that will include building two dams and new transmission lines which will generate enough power to keep the lights on in the province by 2023.
A document outlining the project was filed to the Public Utilities Board Friday (PUB), outlining a number of possible plans along with the utility's preferred plan, which would consist of the largest capital costs and initial rate increases.
Read the full article here.
Manitoba Hydro is seeking approval for it's $20 billion megaproject that will include building two dams and new transmission lines which will generate enough power to keep the lights on in the province by 2023.
A document outlining the project was filed to the Public Utilities Board Friday (PUB), outlining a number of possible plans along with the utility's preferred plan, which would consist of the largest capital costs and initial rate increases.
Read the full article here.
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Five ideas to fix Winnipeg that could actually happen
Portage and Main was nominated last week as one of Canada's Great Places.
That's no small feat, considering the intersection isn't even open to pedestrians. But just imagine how much better our famous intersection and the surrounding downtown could be if our political leaders took the advice of some local urban planning experts.
Read the full article here.
Portage and Main was nominated last week as one of Canada's Great Places.
That's no small feat, considering the intersection isn't even open to pedestrians. But just imagine how much better our famous intersection and the surrounding downtown could be if our political leaders took the advice of some local urban planning experts.
Read the full article here.
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Regina hears feedback on community plan
REGINA ` The R.M. of Sherwood was not present at Tuesday`s city council meeting, but they let their opinion be known anyway, with a letter addressed to Regina`s city council.
Council held a special public meeting to allow delegations to voice concerns with Design Regina, the city`s official community plan. How Regina will deal with its inevitable growth over the next several decades is something council, businesses and community partners have been hammering out for the past two years.
Read the full article here.
REGINA ` The R.M. of Sherwood was not present at Tuesday`s city council meeting, but they let their opinion be known anyway, with a letter addressed to Regina`s city council.
Council held a special public meeting to allow delegations to voice concerns with Design Regina, the city`s official community plan. How Regina will deal with its inevitable growth over the next several decades is something council, businesses and community partners have been hammering out for the past two years.
Read the full article here.
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Saskatoon Centre's expansion plan seeks relaxed limits
A lack of retail space is driving a proposal to expand Preston Crossing by as many as 10 new buildings.
The University of Saskatchewan, which owns the land occupied by the shopping centre as well as adjacent undeveloped property, is seeking to have restrictions on the size of potential stores for the new development eliminated, along with limits on the number of financial institutions and the size and number of restaurants allowed.
Read the full article here.
A lack of retail space is driving a proposal to expand Preston Crossing by as many as 10 new buildings.
The University of Saskatchewan, which owns the land occupied by the shopping centre as well as adjacent undeveloped property, is seeking to have restrictions on the size of potential stores for the new development eliminated, along with limits on the number of financial institutions and the size and number of restaurants allowed.
Read the full article here.
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Mortgage trends in Regina, Saskatchewan
Regina, Saskatchewan is a thriving capital city that more than 210,000 Canadians call home. When a homeowner is deciding whether to buy or sell in Regina, many market indicators affect their decision to buy says KANETIX.
One factor that affects housing demand in Regina relates to the city`s current population and projected growth in the near future. In Regina, more than 47 per cent of both married and common law couples had children living with them (a number that is marginally higher than the national average). In addition, the city`s population as a whole increased by almost seven per cent from 2006 through 2011, which is slightly below the national average for population growth but still a positive trend.
Read the full article here.
Regina, Saskatchewan is a thriving capital city that more than 210,000 Canadians call home. When a homeowner is deciding whether to buy or sell in Regina, many market indicators affect their decision to buy says KANETIX.
One factor that affects housing demand in Regina relates to the city`s current population and projected growth in the near future. In Regina, more than 47 per cent of both married and common law couples had children living with them (a number that is marginally higher than the national average). In addition, the city`s population as a whole increased by almost seven per cent from 2006 through 2011, which is slightly below the national average for population growth but still a positive trend.
Read the full article here.