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Economic Diversity and Prosperity IconEconomic Diversity and Prosperity

A city skyline

We are a regional economy that grows and diversifies, leveraging our unique strengths as a global centre for education, innovation, and creativity.

Amount and Value of Building Activities

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Business Growth

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Supply of Residential and Industrial Land

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Challenges and Key Strategies

 Strategies for Success
  • Maintaining a business-friendly environment with competitive property tax rates, fees and permits; online services; infrastructure to support new businesses and workers; and clear public policies to build on the City’s strong economic performance.
  • Working collaboratively with local businesses, Saskatoon Regional Economic Development Authority, other levels of government, and educational institutions to promote Saskatoon as a great place to live, work and raise a family. 
  • Developing an Employment Area Strategy to create new employment areas adjacent to residential areas.
  • Investing in infrastructure and facilitating the appropriate amount of serviced residential and industrial land are keys to attracting new business and generating employment opportunities.

Achievements
  • The supply of residential and industrial land increased in 2014 and met the target for one to two year supply of inventory.
  • In 2014, the Canadian Federation of Independent Business (CFIB) rated Saskatoon as the third best major city in Canada for starting and growing a business.
  • Employment in the Saskatoon CMA increased by 7,900 (4.8%) from December 2013 to December 2014.
  • Saskatoon’s seasonally adjusted unemployment rate was the second lowest in Canada at 3.7% in December, 2014.
  • In 2014, housing starts were up by 18.5% in the Saskatoon CMA.

Challenges
  • Although the amount of waste that was recycled increased, waste going to the landfill increased by 6.4% in 2014.
  • The amount of garbage collected per home in 2013 was 0.95 tonnes which is almost 50% more than the national average.
  • In 2013, the City of Saskatoon’s corporate GHG emissions was 23.7% higher than the 2006 baseline, with the largest increase in the water and sewer sector.  Reducing GHG emissions is challenging as City services increase to serve the expanding population.