December 2013 Prairie Economic Fundamentals
- Thread starter Ally
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Rider nation tops Canadian cities for labour market attractiveness
TORONTO, ONTARIO, Nov 21, 2013 (Marketwired via COMTEX) -- The number of Canadians migrating between provinces has hit its highest level in almost a quarter century, with employment prospects the biggest driver, according to a new report released today from BMO Economics. The study ranks the attractiveness of Canada's regional labour markets as a destination, and looks at what's behind the movement of labour.
Regina tops a list of Canadian cities and regions for labour market attractiveness, followed by Calgary, Edmonton and Saskatoon. The ranking was developed by looking at income, job prospects, housing affordability and tax burden of 19 cities or regions across Canada.
Read the full article here.
TORONTO, ONTARIO, Nov 21, 2013 (Marketwired via COMTEX) -- The number of Canadians migrating between provinces has hit its highest level in almost a quarter century, with employment prospects the biggest driver, according to a new report released today from BMO Economics. The study ranks the attractiveness of Canada's regional labour markets as a destination, and looks at what's behind the movement of labour.
Regina tops a list of Canadian cities and regions for labour market attractiveness, followed by Calgary, Edmonton and Saskatoon. The ranking was developed by looking at income, job prospects, housing affordability and tax burden of 19 cities or regions across Canada.
Read the full article here.
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Saskatchewan could cope with big layoff
Unquestionably, there are changes coming to the potash industry, but Premier Brad Wall's assessment is correct that Tuesday's announced layoffs by one of the world's largest producers is no reason for panic.
Potash already has come a long way since late last decade, when some economists were calling it the pink tiger whose roar would dominate Saskatchewan's economy for years to come. As the global population expanded and citizens of developing countries gained the wherewithal to demand better food, potash became an increasingly important commodity.
Read the full article here.
Unquestionably, there are changes coming to the potash industry, but Premier Brad Wall's assessment is correct that Tuesday's announced layoffs by one of the world's largest producers is no reason for panic.
Potash already has come a long way since late last decade, when some economists were calling it the pink tiger whose roar would dominate Saskatchewan's economy for years to come. As the global population expanded and citizens of developing countries gained the wherewithal to demand better food, potash became an increasingly important commodity.
Read the full article here.
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Saskatchewan unemployment rate hits 4.1% in November
Saskatchewan posted strong year-over-year job growth and the lowest unemployment rate in Canada in November, according to Statistics Canada's labour force survey released Friday.
There were 552,300 persons employed in Saskatchewan during November, 12,300 more than in November 2012, the federal agency said. The year-over-year employment growth of 2.3 per cent is the second-highest percentage increase in Canada, behind only Alberta, while both Manitoba and B.C. lost jobs over the same period.
Read the full article here.
Saskatchewan posted strong year-over-year job growth and the lowest unemployment rate in Canada in November, according to Statistics Canada's labour force survey released Friday.
There were 552,300 persons employed in Saskatchewan during November, 12,300 more than in November 2012, the federal agency said. The year-over-year employment growth of 2.3 per cent is the second-highest percentage increase in Canada, behind only Alberta, while both Manitoba and B.C. lost jobs over the same period.
Read the full article here.
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Conference Board has good outlook for Manitoba economy
One of the country`s leading economic forecasters foresees better times ahead for the Manitoba economy.
In its latest quarterly forecast released today, the Conference Board of Canada predicts the Manitoba economy will grow by two per cent next year and by a robust 2.9 per cent in 2015.
Read the full article here.
One of the country`s leading economic forecasters foresees better times ahead for the Manitoba economy.
In its latest quarterly forecast released today, the Conference Board of Canada predicts the Manitoba economy will grow by two per cent next year and by a robust 2.9 per cent in 2015.
Read the full article here.
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New blueprint for Saskatoon's older neighbourhoods
The city of Saskatoon has a new blueprint for development in older neighbourhoods
'Being a good neighbour, that's going to make this work'- Allan Wallace, city of Saskatoon
The proposed infill strategy will be tabled today with a committee of council later today at city hall.
Read the full article here.
The city of Saskatoon has a new blueprint for development in older neighbourhoods
'Being a good neighbour, that's going to make this work'- Allan Wallace, city of Saskatoon
The proposed infill strategy will be tabled today with a committee of council later today at city hall.
Read the full article here.
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Saskatchewan economy remains robust, but expected to cool
REGINA - A report from the Conference Board of Canada suggests Saskatchewan will face some headwinds in 2014 because the potash and mining industries will slow down.
The board says the province saw strong real GDP growth of four per cent year this year, but that's expected to moderate to 2.3 per cent next year
Read the full article here.
REGINA - A report from the Conference Board of Canada suggests Saskatchewan will face some headwinds in 2014 because the potash and mining industries will slow down.
The board says the province saw strong real GDP growth of four per cent year this year, but that's expected to moderate to 2.3 per cent next year
Read the full article here.
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Saskatchewan's economy to strengthen from strength in agriculture
TORONTO, Dec. 12, 2013 /CNW/ - A solid grain and oilseed harvest this year will boost Saskatchewan's GDP growth to 3.9 per cent in 2013, up from an earlier-estimated 2.7 per cent, according to the latest RBC Economics Provincial Outlook released today.
"Saskatchewan's three biggest crops - wheat, barley and canola - have played a large role in provincial growth this year with November estimates pointing to an increase of around 42 per cent," said Craig Wright, senior vice-president and chief economist, RBC. "This level of agricultural output will be hard to sustain through 2014, which is the main factor in our downward revision of the provincial economic growth prospects for next year."
Read the full article here.
TORONTO, Dec. 12, 2013 /CNW/ - A solid grain and oilseed harvest this year will boost Saskatchewan's GDP growth to 3.9 per cent in 2013, up from an earlier-estimated 2.7 per cent, according to the latest RBC Economics Provincial Outlook released today.
"Saskatchewan's three biggest crops - wheat, barley and canola - have played a large role in provincial growth this year with November estimates pointing to an increase of around 42 per cent," said Craig Wright, senior vice-president and chief economist, RBC. "This level of agricultural output will be hard to sustain through 2014, which is the main factor in our downward revision of the provincial economic growth prospects for next year."
Read the full article here.
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Winnipeg apartment crunch eases
Winnipeg's overall apartment vacancy rate has climbed to its highest level in more than a decade, providing much-needed relief for weary tenants who have been grappling with chronically low vacancy rates since the turn of the new century.
Read the full article here.
Winnipeg's overall apartment vacancy rate has climbed to its highest level in more than a decade, providing much-needed relief for weary tenants who have been grappling with chronically low vacancy rates since the turn of the new century.
Read the full article here.
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Reginal jobless rate plunges to 2.9%
With a jobless rate of 2.9 per cent, Regina now has the lowest urban unemployment rate in Canada, if not North America - part of the latest job report that also shows Saskatchewan wages are now the second highest in the country and youth unemployment is the lowest.
Saskatchewan's unemployment rate has been the lowest in the country for the eighth month in a row according to the new figures released by Statistics Canada.
Read the full article here.
With a jobless rate of 2.9 per cent, Regina now has the lowest urban unemployment rate in Canada, if not North America - part of the latest job report that also shows Saskatchewan wages are now the second highest in the country and youth unemployment is the lowest.
Saskatchewan's unemployment rate has been the lowest in the country for the eighth month in a row according to the new figures released by Statistics Canada.
Read the full article here.
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Strong and diversified Saskatchewan economy
Saskatchewan continues to enjoy strong job growth and the lowest unemployment rate in Canada as thousands of new jobs are being created in a number of different sectors.
The November Labour Force Report released today by Statistics Canada shows employment is up by 12,300 compared to November 2012 while Saskatchewan`s unemployment rate is just 4.1 per cent ` the lowest in Canada for the eleventh consecutive month.
Read the full article here.
Saskatchewan continues to enjoy strong job growth and the lowest unemployment rate in Canada as thousands of new jobs are being created in a number of different sectors.
The November Labour Force Report released today by Statistics Canada shows employment is up by 12,300 compared to November 2012 while Saskatchewan`s unemployment rate is just 4.1 per cent ` the lowest in Canada for the eleventh consecutive month.
Read the full article here.