November 2013 Prairie Economic Fundamentals
- Thread starter Ally
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Saskatchewan immigrant nominee program numbers increased by Ottawa, says Premier
OTTAWA - Premier Brad Wall says the federal government is going to allow more people to move to the province under the Saskatchewan Immigrant Nominee Program.
The province will be allowed 4,725 immigrants in 2014 ` up from 4,450 this year.
Wall ` who is in Ottawa for meetings with Prime Minister Stephen Harper and some federal cabinet ministers ` says the increase represents 18 per cent of the additional nominees allocated across Canada in 2014.
Read the full article here.
OTTAWA - Premier Brad Wall says the federal government is going to allow more people to move to the province under the Saskatchewan Immigrant Nominee Program.
The province will be allowed 4,725 immigrants in 2014 ` up from 4,450 this year.
Wall ` who is in Ottawa for meetings with Prime Minister Stephen Harper and some federal cabinet ministers ` says the increase represents 18 per cent of the additional nominees allocated across Canada in 2014.
Read the full article here.
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Regina 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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Saskatchewan unemployment rate lowest in Canada for 10th straight month
For the 10th month in a row, Saskatchewan has had the lowest unemployment rate in Canada, according to the Statistics Canada Labour Force Survey for the week ended Oct. 19.
There were 556,500 persons employed in Saskatchewan during October, an increase of 1,000 from September and 14,900 more than the number employed in October 2012.
Read the full article here.
For the 10th month in a row, Saskatchewan has had the lowest unemployment rate in Canada, according to the Statistics Canada Labour Force Survey for the week ended Oct. 19.
There were 556,500 persons employed in Saskatchewan during October, an increase of 1,000 from September and 14,900 more than the number employed in October 2012.
Read the full article here.
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Diverting river part of Highway 75 plan
The Selinger government will outline its long-awaited plan to keep Highway 75 high and dry during "modest" flood years in today's throne speech.
The plan involves raising sections of the twinned highway and moving where the Morris River drains into the Red River, Infrastructure and Transportation Minister Steve Ashton said in an interview before the speech.
Read the full article here.
The Selinger government will outline its long-awaited plan to keep Highway 75 high and dry during "modest" flood years in today's throne speech.
The plan involves raising sections of the twinned highway and moving where the Morris River drains into the Red River, Infrastructure and Transportation Minister Steve Ashton said in an interview before the speech.
Read the full article here.
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Wall says jobs tell story of economy
The provincial government passed a motion Wednesday in support of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA).
Premier Brad Wall later took questions about CETA, and other economic issues, from reporters at the Legislative
Read the full article here.
The provincial government passed a motion Wednesday in support of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA).
Premier Brad Wall later took questions about CETA, and other economic issues, from reporters at the Legislative
Read the full article here.
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Inflation fears over labour void
Saskatoon needs more workers to prevent inflation, according to a national economist.
The longer Saskatoon's labour shortage lasts, the harder it will be to fix.
The unemployment rate dipped below four per cent this year, but the Conference
Read the full article here.
Saskatoon needs more workers to prevent inflation, according to a national economist.
The longer Saskatoon's labour shortage lasts, the harder it will be to fix.
The unemployment rate dipped below four per cent this year, but the Conference
Read the full article here.
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Richmond's industrial growth brisk
Richmond recorded the largest industrial growth of Metro Vancouver cities in the last six months, a new report from Avison Young says.
The real estate firm's Vancouver Industrial Overview Fall 2013 report points to a rapid growth in the region's industrial inventory since the spring, with almost 1.4 million square feet of new space added in the past six months, and a further 1.8 million square feet under construction.
Read the full article here.
Richmond recorded the largest industrial growth of Metro Vancouver cities in the last six months, a new report from Avison Young says.
The real estate firm's Vancouver Industrial Overview Fall 2013 report points to a rapid growth in the region's industrial inventory since the spring, with almost 1.4 million square feet of new space added in the past six months, and a further 1.8 million square feet under construction.
Read the full article here.
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Regina home sales down, but prices up
While existing home sales in Regina were down in October, average home prices continued to rise in Regina this year, according to statistics released Friday by the Canadian Real Estate Association.
The Queen City saw home sales slide 6.6 per cent from September, 1.1 per cent from October 2012 and 8.7 per cent for the year to date. But average home prices rose 6.4 per cent from September to October and 4.8 per cent for the first 10 months of 2013, CREA said.
Read the full article here.
While existing home sales in Regina were down in October, average home prices continued to rise in Regina this year, according to statistics released Friday by the Canadian Real Estate Association.
The Queen City saw home sales slide 6.6 per cent from September, 1.1 per cent from October 2012 and 8.7 per cent for the year to date. But average home prices rose 6.4 per cent from September to October and 4.8 per cent for the first 10 months of 2013, CREA said.
Read the full article here.
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Saskatoon will need hotels, retail
Rapid population growth in Saskatoon over the next two decades will require three million more square feet of retail space, at least six new hotels and a 40 per cent increase in office space, according to a consultant hired by the city.
A 215-page outlook report, completed by Vancouver-based MXD Development Strategists for $91,000, said the city has enough land, however, to handle the startling demand.
Read the full article here.
Rapid population growth in Saskatoon over the next two decades will require three million more square feet of retail space, at least six new hotels and a 40 per cent increase in office space, according to a consultant hired by the city.
A 215-page outlook report, completed by Vancouver-based MXD Development Strategists for $91,000, said the city has enough land, however, to handle the startling demand.
Read the full article here.
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Saskatoon office space 99.3% leased
Downtown Saskatoon now has the lowest office vacancy rate in North America, perhaps the world, as the rate plunged to 1.7 per cent in the first quarter of this year. The Class A vacancy rate is even tighter, at 0.9 per cent.
Of the 46 office buildings in the city's core, only two have more than 4,000 square feet of contiguous space available, according to a spring survey by Colliers International.
Read the full article here.
Downtown Saskatoon now has the lowest office vacancy rate in North America, perhaps the world, as the rate plunged to 1.7 per cent in the first quarter of this year. The Class A vacancy rate is even tighter, at 0.9 per cent.
Of the 46 office buildings in the city's core, only two have more than 4,000 square feet of contiguous space available, according to a spring survey by Colliers International.
Read the full article here.
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Saskatoon industrial slows
Despite a drop in the vacancy rate, Saskatoon is seeing a mounting inventory of complete and empty new industrial space, according to a report from ICR Commercial.
ICR found that 134,700 square feet of industrial is under construction but that 63 per cent of the 365,000 square feet completed this year remains unoccupied.
Read the full article here.
Despite a drop in the vacancy rate, Saskatoon is seeing a mounting inventory of complete and empty new industrial space, according to a report from ICR Commercial.
ICR found that 134,700 square feet of industrial is under construction but that 63 per cent of the 365,000 square feet completed this year remains unoccupied.
Read the full article here.
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Sask has highest job vacancy rate
Saskatchewan continues to have the highest job vacancy rate in Canada in the third quarter at four per cent, up from 3.9 per cent the previous quarter, according to the Canadian Federation of Independent Business help-wanted report. Alberta's job vacancy rate stayed the same at 3.4 per cent, but continues, along with Newfoundland and Labrador at 2.9, to be above the national average, the CFIB said in a press release Tuesday.
Read the full article here.
Saskatchewan continues to have the highest job vacancy rate in Canada in the third quarter at four per cent, up from 3.9 per cent the previous quarter, according to the Canadian Federation of Independent Business help-wanted report. Alberta's job vacancy rate stayed the same at 3.4 per cent, but continues, along with Newfoundland and Labrador at 2.9, to be above the national average, the CFIB said in a press release Tuesday.
Read the full article here.