December 2012 Prairie Economic Fundamentals
- Thread starter Ally
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Regina rental vacancy rose slightly this year
The rental housing vacancy rate in Regina has improved but not quite enough to make a big impact.
A new housing outlook report from the Canada Mortgage and Housing Corporation shows the city is seeing a microscopic improvement in the number of available units.
After roughly a year at 0.6 per cent, the rate has inched up to 0.8 per cent, as of October.
Read the full article here.
The rental housing vacancy rate in Regina has improved but not quite enough to make a big impact.
A new housing outlook report from the Canada Mortgage and Housing Corporation shows the city is seeing a microscopic improvement in the number of available units.
After roughly a year at 0.6 per cent, the rate has inched up to 0.8 per cent, as of October.
Read the full article here.
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City breaks $1 billion in building permits
The city has issued more than $1 billion worth of building permits so far this year and there is still a month to go.
`Everything we are doing now is a record-setting pace,` said Bob Baran, the city`s building standards branch manager.
At the end of November, the city had issued 4,981 building permits worth $1,048,000,000.
Read the full article here.
The city has issued more than $1 billion worth of building permits so far this year and there is still a month to go.
`Everything we are doing now is a record-setting pace,` said Bob Baran, the city`s building standards branch manager.
At the end of November, the city had issued 4,981 building permits worth $1,048,000,000.
Read the full article here.
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Moose Jaw unemployment rate lowest in Saskatchewan
The unemployment rate in the Moose Jaw and Swift Current region was the lowest in the province at 2.9 per cent last month. Statistics Canada data shows that is down a full percent from the previous month and it's down from the 3.3 per cent unemployment rate at the same time in 2011.
Read the full article here.
The unemployment rate in the Moose Jaw and Swift Current region was the lowest in the province at 2.9 per cent last month. Statistics Canada data shows that is down a full percent from the previous month and it's down from the 3.3 per cent unemployment rate at the same time in 2011.
Read the full article here.
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$50 million committed toward food security insitute at University of Saskatchewan
SASKATOON ` The province of Saskatchewan and PotashCorp are committing $50 million over the next seven years towards the Global Institute for Food Security (GIFS).
The institute, located at the University of Saskatchewan, will look for solutions to feed a growing world population, applying Saskatchewan`s unique resources, innovation and expertise to address the need for safe and reliable food.
`Food security remains our biggest challenge as populations increase and diets change, putting immense strain on food production,` said Bill Doyle, president and CEO of PotashCorp.
Read the full article here.
SASKATOON ` The province of Saskatchewan and PotashCorp are committing $50 million over the next seven years towards the Global Institute for Food Security (GIFS).
The institute, located at the University of Saskatchewan, will look for solutions to feed a growing world population, applying Saskatchewan`s unique resources, innovation and expertise to address the need for safe and reliable food.
`Food security remains our biggest challenge as populations increase and diets change, putting immense strain on food production,` said Bill Doyle, president and CEO of PotashCorp.
Read the full article here.
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Regina posts lowest vacancy rate in the country
Canada's overall apartment vacancy rate has risen over the past year, with an increased supply of rental units and a slowdown in household formation by Canadians being cited among the reasons.
Canada Mortgage and Housing Corp. says the average vacancy rate in 35 major metropolitan areas across the country rose to 2.6 per cent in October from 2.2 per cent in October 2011.
Read the full article here.
Canada's overall apartment vacancy rate has risen over the past year, with an increased supply of rental units and a slowdown in household formation by Canadians being cited among the reasons.
Canada Mortgage and Housing Corp. says the average vacancy rate in 35 major metropolitan areas across the country rose to 2.6 per cent in October from 2.2 per cent in October 2011.
Read the full article here.
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Employment rates for immigrants best in Manitoba
Manitoba may not be the most popular vacation destination, but for people seeking employment in the Great White North it's a pretty good place to settle.
Statistics Canada reported Friday the province is home to the highest employment rate in the country for landed immigrants ages 25 to 54. The agency said 82.5 per cent of immigrants in this core age group living in Manitoba were employed in 2011, well above the national average of 75.6 per cent.
Read the full article here.
Manitoba may not be the most popular vacation destination, but for people seeking employment in the Great White North it's a pretty good place to settle.
Statistics Canada reported Friday the province is home to the highest employment rate in the country for landed immigrants ages 25 to 54. The agency said 82.5 per cent of immigrants in this core age group living in Manitoba were employed in 2011, well above the national average of 75.6 per cent.
Read the full article here.
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A good year for Saskatchewan
Saskatchewan`s resources and agricultural expertise put our province in a unique position to address the global demand for safe and reliable food. On December 10th, Premier Wall along with the University of Saskatchewan and Potash Corporation of Saskatchewan Inc. formally launched the Global Institute for Food Security (GIFS). The Government of Saskatchewan and Potash Corporation of Saskatchewan committed $15 million and $35 million respectively over the next seven years to develop Saskatchewan-led solutions that will help feed a growing world population. The formation of the Global Institute for Food Security was 2011 campaign commitment, and it is another promise kept by our government.
As part of the Saskatchewan Plan for Growth our government has set a goal of increasing agricultural exports from a record $10 billion 2011 to $15 billion by 2020. Our commitment to agriculture, innovation, and the Global Institute for Food Security positions Saskatchewan to lead the world in food security while building an innovation economy here at home.
Saskatchewan`s growth is creating opportunities throughout our province. The SaskJobs.ca website had nearly 950,000 hits in the month of November, a 17.6 per cent increase from November 2011. Employers posted 14,035 jobs on Saskjobs.ca in November 2012 and almost one quarter of the visitors to the site are from outside of the province.
Read the full article here.
Saskatchewan`s resources and agricultural expertise put our province in a unique position to address the global demand for safe and reliable food. On December 10th, Premier Wall along with the University of Saskatchewan and Potash Corporation of Saskatchewan Inc. formally launched the Global Institute for Food Security (GIFS). The Government of Saskatchewan and Potash Corporation of Saskatchewan committed $15 million and $35 million respectively over the next seven years to develop Saskatchewan-led solutions that will help feed a growing world population. The formation of the Global Institute for Food Security was 2011 campaign commitment, and it is another promise kept by our government.
As part of the Saskatchewan Plan for Growth our government has set a goal of increasing agricultural exports from a record $10 billion 2011 to $15 billion by 2020. Our commitment to agriculture, innovation, and the Global Institute for Food Security positions Saskatchewan to lead the world in food security while building an innovation economy here at home.
Saskatchewan`s growth is creating opportunities throughout our province. The SaskJobs.ca website had nearly 950,000 hits in the month of November, a 17.6 per cent increase from November 2011. Employers posted 14,035 jobs on Saskjobs.ca in November 2012 and almost one quarter of the visitors to the site are from outside of the province.
Read the full article here.
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Estevan Saskatchewan facing challenges of economic boom
The demand that comes with Saskatchewan's booming economy is causing constant strain on people living in one of the province's most prosperous cities.
Sitting on the edge of one of the hottest oil fields in North America and located minutes away from a multi-billion-dollar SaskPower expansion project, Estevan, population 11,000, has developed a Canada-wide reputation as the place to go for people seeking work.
But the rapid growth has left some companies struggling to find skilled workers and made it hard for people willing to come to Estevan for work to find housing.
Read the full article here.
The demand that comes with Saskatchewan's booming economy is causing constant strain on people living in one of the province's most prosperous cities.
Sitting on the edge of one of the hottest oil fields in North America and located minutes away from a multi-billion-dollar SaskPower expansion project, Estevan, population 11,000, has developed a Canada-wide reputation as the place to go for people seeking work.
But the rapid growth has left some companies struggling to find skilled workers and made it hard for people willing to come to Estevan for work to find housing.
Read the full article here.
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Apartment vancancy rates rise in Saskatchewan
The Canadian Mortgage and Housing Corporation (CMHC) recently released their survey report on apartment vacancies on the rise in Saskatchewan.
The report from CMHC showed an increase in vacancies from 1.9 per cent in October 2011 to 2.2 per cent in October 2012.
Goodson Mwale, senior market analysts for CMHC said the survey is based on respondents and what they found.
Read the full article here.
The Canadian Mortgage and Housing Corporation (CMHC) recently released their survey report on apartment vacancies on the rise in Saskatchewan.
The report from CMHC showed an increase in vacancies from 1.9 per cent in October 2011 to 2.2 per cent in October 2012.
Goodson Mwale, senior market analysts for CMHC said the survey is based on respondents and what they found.
Read the full article here.
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Proposed megamall near Saskatoon would be larger than West Edmonton Mall
Zolie Barna has lived in Dundurn for decades. In his memory, the biggest thing to happen in all those years was the building of an artificial lake at nearby Blackstrap Provincial Park.
But now, the vast majority of local residents are eager to see the largest wholesale mall in North America spring up in their front yard, although some have their reservations, the retired heavy equipment operator says.
Read the full article here.
Zolie Barna has lived in Dundurn for decades. In his memory, the biggest thing to happen in all those years was the building of an artificial lake at nearby Blackstrap Provincial Park.
But now, the vast majority of local residents are eager to see the largest wholesale mall in North America spring up in their front yard, although some have their reservations, the retired heavy equipment operator says.
Read the full article here.