Strong increase in building permits, showing strong economic growth for Saskatchewan | News and media

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Released September 1, 2022

The value of building permits rose 86.2% year over year in July.

According to data released by Statistics Canada today, the value of building permits jumped in July 2022, reaching $286 million, an 86.2% jump (seasonally adjusted) from July 2021, placing Saskatchewan in second rank of provinces.

“Today’s exceptional number of July 2022 building permits is just another sign of Saskatchewan’s continued growth and economic strength,” said Minister of Trade and Export Development, Jeremy Harrison. “Saskatchewan has one of the most competitive business environments in all of Canada, and we will continue to create jobs and opportunities for Saskatchewan people.

Compared to June 2022, Saskatchewan also posted strong growth with a 28.2% increase (seasonally adjusted), the second highest increase among the provinces.

Residential and non-residential building permits have seen significant growth over the past year, rising 86.7% and 85.9%, respectively, over this period.

Saskatchewan continued to rank among the provinces in a number of recent key economic indicators, including June 2022 wholesale trade numbers, which were up 64.8% year-over-year, the strongest growth among the provinces and 14.9% per month. month by month, the second largest among the provinces. Investment in building construction for June 2022 also placed Saskatchewan first among the provinces with an increase of 63% year-over-year and 17.6% month-over-month. Saskatchewan was also second in urban housing starts and merchandise exports in June 2022, with year-over-year increases of 35.6% and 57.3%, respectively.

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For more information contact:

Jill Stroeder
Trade and export development
Phone: 306-787-6315

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