INSIDE
- Labour Market
- Saskatchewan Economy
- Consumer
- Manufacturing Sales
- International Trade
- Construction
- Culture
- Population
- TrendLine Report Card
TrendLine Saskatchewan - August 2025
Employment growth (2.7%) in July Agriculture, Resource Extraction, Construction, Health Care, Educational Services, and Public Administration
- YTD provincial employment up 2.7%
- YTD Housing starts up 80%
- Building permits up 54%
Stephen Johnson
MA
Chief Economist
In July 2025, Saskatchewan’s economy showed broad growth with total year-to-date employment rising 2.7%, or 16,314 positions, compared to 2024, led by gains in sectors such as Agriculture, Resource Extraction, Construction, Health Care, Educational Services, and Public Administration, while Manufacturing, Wholesale and Retail Trade, Transportation, and Professional Services saw declines. Most employment gains were in full-time jobs, contributing to a decrease in the unemployment rate from 5.5% to 5.0%. Housing starts surged 80.1%, with notable increases across all types of dwellings, and the average housing price rose 6.6% to $354,180 amid strong sales and low inventory. Inflation remained moderate at 1.7%, driven mainly by food, shelter, and recreation costs. Building permits grew 54.4%, particularly in residential and institutional sectors, though industrial permits fell. Trade was mixed, with a 3.1% drop in total international merchandise exports offset by growth in select sectors like chemicals and aircraft parts, while retail trade rose 6%, supported by gains in new car sales and consumer goods, despite declines in used car sales and alcohol retailing. Manufacturing sales fell by 8.4%, with some sub-sector increases offset by steep declines in machinery and food manufacturing. Average weekly earnings rose 5%, reflecting broad gains across industries except management enterprises. Restaurant receipts increased 7%, driven by food services expansion despite a drop in drinking places. The Bank of Canada held its key interest rate steady at 2.75% after reducing it earlier in 2025, balancing inflation concerns with slower growth risks. Saskatchewan’s population reached a new high of 1,253,569 in Q2 2025, growing 0.2% mainly through international immigration, although net inter-provincial migration remains negative. In summary, these indicators reflect a resilient and expanding provincial economy with strengths in employment, housing, earnings, and consumer activity tempered by sectoral challenges and cautious monetary policy.
The positive economic indicators for Saskatchewan in 2025 imply favorable conditions and opportunities for businesses in the province. The strong year-to-date employment growth, particularly in full-time positions, signals a robust labor market that can support business expansion and productivity. Growth in sectors like agriculture, construction, health care, and resource extraction points to opportunities in these key industries for investment and partnerships. The rising housing starts and construction permits reflect a healthy real estate and construction market, benefiting businesses in building trades, materials supply, and related services. Moderate inflation and steady wage growth support consumer purchasing power, which bolsters retail, hospitality, and service-oriented businesses. Although some sectors such as manufacturing and wholesale trade face challenges, the overall positive trend in retail sales, vehicle sales, and wholesale trade suggests resilience and potential for revenue growth in consumer-focused and distribution businesses. The cautious but stable monetary policy environment provides predictability for borrowing costs, encouraging business investment decisions. Population growth driven mainly by international immigration expands the potential labor pool and consumer base. However, businesses should remain mindful of trade-related risks and sector-specific downturns, adapting strategies accordingly.
TrendLine Saskatchewan - August 2025
INSIDE
- Labour Market
- Saskatchewan Economy
- Consumer
- Manufacturing Sales
- International Trade
- Construction
- Culture
- Population
- TrendLine Report Card
Employment growth (2.7%) in July Agriculture, Resource Extraction, Construction, Health Care, Educational Services, and Public Administration
- YTD provincial employment up 2.7%
- YTD Housing starts up 80%
- Building permits up 54%
In July 2025, Saskatchewan’s economy showed broad growth with total year-to-date employment rising 2.7%, or 16,314 positions, compared to 2024, led by gains in sectors such as Agriculture, Resource Extraction, Construction, Health Care, Educational Services, and Public Administration, while Manufacturing, Wholesale and Retail Trade, Transportation, and Professional Services saw declines. Most employment gains were in full-time jobs, contributing to a decrease in the unemployment rate from 5.5% to 5.0%. Housing starts surged 80.1%, with notable increases across all types of dwellings, and the average housing price rose 6.6% to $354,180 amid strong sales and low inventory. Inflation remained moderate at 1.7%, driven mainly by food, shelter, and recreation costs. Building permits grew 54.4%, particularly in residential and institutional sectors, though industrial permits fell. Trade was mixed, with a 3.1% drop in total international merchandise exports offset by growth in select sectors like chemicals and aircraft parts, while retail trade rose 6%, supported by gains in new car sales and consumer goods, despite declines in used car sales and alcohol retailing. Manufacturing sales fell by 8.4%, with some sub-sector increases offset by steep declines in machinery and food manufacturing. Average weekly earnings rose 5%, reflecting broad gains across industries except management enterprises. Restaurant receipts increased 7%, driven by food services expansion despite a drop in drinking places. The Bank of Canada held its key interest rate steady at 2.75% after reducing it earlier in 2025, balancing inflation concerns with slower growth risks. Saskatchewan’s population reached a new high of 1,253,569 in Q2 2025, growing 0.2% mainly through international immigration, although net inter-provincial migration remains negative. In summary, these indicators reflect a resilient and expanding provincial economy with strengths in employment, housing, earnings, and consumer activity tempered by sectoral challenges and cautious monetary policy.
The positive economic indicators for Saskatchewan in 2025 imply favorable conditions and opportunities for businesses in the province. The strong year-to-date employment growth, particularly in full-time positions, signals a robust labor market that can support business expansion and productivity. Growth in sectors like agriculture, construction, health care, and resource extraction points to opportunities in these key industries for investment and partnerships. The rising housing starts and construction permits reflect a healthy real estate and construction market, benefiting businesses in building trades, materials supply, and related services. Moderate inflation and steady wage growth support consumer purchasing power, which bolsters retail, hospitality, and service-oriented businesses. Although some sectors such as manufacturing and wholesale trade face challenges, the overall positive trend in retail sales, vehicle sales, and wholesale trade suggests resilience and potential for revenue growth in consumer-focused and distribution businesses. The cautious but stable monetary policy environment provides predictability for borrowing costs, encouraging business investment decisions. Population growth driven mainly by international immigration expands the potential labor pool and consumer base. However, businesses should remain mindful of trade-related risks and sector-specific downturns, adapting strategies accordingly.
Composite Indicator Actual & Seasonally Adjusted
Key Indicator This Month
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Employment 2.7% |
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July 2025 YTD |
Employment
2.7%
July 2025 YTD
Labour Market
Average YTD unemployment rate down to 5.0% moving into July 2025
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Unemployment Rate 5.0% |
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July 2025 YTD |
Total average year-to-date employment in Saskatchewan was up by 2.7% or 16,314 positions in July 2025 over the same period in 2024.
Year-to-date employment in July 2025 was up over the same period in 2024 in Agriculture (1,814), Resource Extraction (1,614), Utilities (429), Construction (6,371), Educational services (1,200), Health care and social assistance (9,114), Information, culture and recreation (1,714), Accommodation and food services (200), Other services (71), and public administration (4,171).
In contrast, year-to-date employment in June 2025 declined in several sectors. Manufacturing lost 33 positions, Wholesale and Retail Trade declined by 3,800 positions, Transportation and Warehousing fell by 617 positions, Professional, Scientific and Technical Services decreased by 5,800 positions, Business, Building and Other Support Services were down by 850 positions, and Other Services lost 467 positions.
Year-to-date employment in July 2025 was down in Manufacturing (-343), Wholesale and Retail Trade (-4,143), Transportation and warehousing (-643), Professional, scientific and technical services (-5,343), and Business, building and other support services (-543).
- So far, in 2025 the majority of year-to-date employment gains have been in full-time employment (12,771) with part-time positions increasing by 3,557.
The average year-to-date unemployment rate moved from 5.5% in July 2024 to 5.0% in July 2025. Year-to-date, the average number of unemployed is down -2,500 to 32,443 in July 2025 from 34,943 in July 2024. In addition, the number of those of labour force age but not in the labour force increased by 9,714 over the same time period.
Among Economic Regions, Economic Region 10 Regina-Moose Mountain had the highest annual average increase in employment in July 2025 at 4.2%. Economic Region 20 Swift Current-Moose Jaw had the lowest unemployment rate at 3.3%.
Total average year-to-date employment in Saskatchewan was up by 2.7% or 16,314 positions in July 2025 over the same period in 2024.
Year-to-date employment in July 2025 was up over the same period in 2024 in Agriculture (1,814), Resource Extraction (1,614), Utilities (429), Construction (6,371), Educational services (1,200), Health care and social assistance (9,114), Information, culture and recreation (1,714), Accommodation and food services (200), Other services (71), and public administration (4,171).
In contrast, year-to-date employment in June 2025 declined in several sectors. Manufacturing lost 33 positions, Wholesale and Retail Trade declined by 3,800 positions, Transportation and Warehousing fell by 617 positions, Professional, Scientific and Technical Services decreased by 5,800 positions, Business, Building and Other Support Services were down by 850 positions, and Other Services lost 467 positions.
Year-to-date employment in July 2025 was down in Manufacturing (-343), Wholesale and Retail Trade (-4,143), Transportation and warehousing (-643), Professional, scientific and technical services (-5,343), and Business, building and other support services (-543).
- So far, in 2025 the majority of year-to-date employment gains have been in full-time employment (12,771) with part-time positions increasing by 3,557.
The average year-to-date unemployment rate moved from 5.5% in July 2024 to 5.0% in July 2025. Year-to-date, the average number of unemployed is down -2,500 to 32,443 in July 2025 from 34,943 in July 2024. In addition, the number of those of labour force age but not in the labour force increased by 9,714 over the same time period.
Among Economic Regions, Economic Region 10 Regina-Moose Mountain had the highest annual average increase in employment in July 2025 at 4.2%. Economic Region 20 Swift Current-Moose Jaw had the lowest unemployment rate at 3.3%.
Unemployment Rate
5.0%
July 2025 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Labour Market | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Employment | 611200 | 628800 | 599029 | 615343 | - | - | |||
| Unemployment Rate (%) | 5.9 | 5.5 | 5.5 | 5.0 | - | - | |||
| Average Weekly Earnings ($) | 1208 | 1243 | 1199 | 1259 | - | - | |||
Saskatchewan Economy
Real GDP expected to grow (1.8%) in 2025
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Real GDP Forecast: 2025 1.8% |
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Saskatchewan Finance |
The Bank of Canada trimmed its key policy rate by 25 basis points on March 12 to 2.75% and raised concerns about inflationary pressures and weaker growth stemming from trade uncertainty and the US’s tariffs. The bank also said it would "proceed carefully with any further changes" to rates given the need to assess both the upward pressures on inflation from higher costs and the downward pressures from weaker demand.
According to the Saskatchewan Finance in its 2025-2026 budget forecast, real GDP is predicted grow by 1.6% in 2024 and 1.8% in 2025.
Real GDP expected to grow (1.8%) in 2025
The Bank of Canada trimmed its key policy rate by 25 basis points on March 12 to 2.75% and raised concerns about inflationary pressures and weaker growth stemming from trade uncertainty and the US’s tariffs. The bank also said it would "proceed carefully with any further changes" to rates given the need to assess both the upward pressures on inflation from higher costs and the downward pressures from weaker demand.
According to the Saskatchewan Finance in its 2025-2026 budget forecast, real GDP is predicted grow by 1.6% in 2024 and 1.8% in 2025.
Real GDP Forecast: 2025
1.8%
Saskatchewan Finance
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Saskatchewan Economy | 2024 | 2025 (Forecast) | Change | % Change | - | - | - | - | |
| Gross Domestic Product (2007 $M) | 1.6% | 1.8% | - | - | - | - | |||
Consumer
Retail trade for May 2025 year-to-date was up by 6.0% over the same period in 2024
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New Motor Vehicle Sales 19.9% |
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May 2025 YTD |
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Restaurant Receipts 7.0% |
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May 2025 YTD |
May 2025 year-to-date retail trade is up 6.0% over the same period in 2024.
- Sub-sectors that posted increases were: New car dealers (6.6%), Gasoline stations (7.3%), Furniture and home furnishings stores (3.9%), Electronics and appliance stores (17.0%), Building material and garden equipment and supplies dealers (15.7%), Health and personal care stores (11.4%), Clothing and clothing accessories stores (14.8%), Sporting goods, hobby, book and music stores (13.0%), Grocery stores (7.3%), and General merchandise stores (3.1%).
- During the same time period, used car dealers (-2.7%), Beer, wine and liquor stores (-33.1%), and all other (-3.1%) posted declines.
May 2025 year-to-date new motor vehicle (units) sales were up 19.9% from May 2024. New minivans, sport-utility vehicles, light and heavy trucks, vans and buses sales were up 21.5%, while new passenger cars sales were also down -3.9%.
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024. Farm product merchant wholesalers (6.3%) and Farm product merchant wholesalers (excluding Food, beverage and tobacco merchant wholesalers (3.7) posted increases
Year-to-date, May 2025 average weekly earnings are up 5.0% over May 2024.
- Sub-sectors that posted increases were: Goods producing industries (5.6%), Mining, quarrying, and oil and gas extraction (9.4%), Construction (4.2%), Manufacturing (0.4%), Service producing industries (4.9%), Trade (4.8%), Transportation and warehousing (0.9%), Information and cultural industries (1.5%), Finance and insurance (9.5%), Real estate and rental and leasing (12.3%), Professional, scientific and technical services (2.3%), Administrative and support, waste management and remediation services (8.2%), Educational services (3.2%), Health care and social assistance (4.5%), Arts, entertainment and recreation (4.2%), Accommodation and food services (4.2%), Other services (except public administration) (0.1%).
- Sub-sectors that posted decreases were: Management of companies and enterprises (-4.8%).
May 2025 year-to-date restaurant receipts were up 7.0% over the same period in 2024. Within restaurant receipts, Special food services (4.5%), Full-service restaurants (3.8%), Limited-service eating places (10.4%) all increased. At the same time, a decline was noted in Drinking places (alcoholic beverages) (-12.5%).
Retail trade for May 2025 year-to-date was up by 6.0% over the same period in 2024
May 2025 year-to-date retail trade is up 6.0% over the same period in 2024.
- Sub-sectors that posted increases were: New car dealers (6.6%), Gasoline stations (7.3%), Furniture and home furnishings stores (3.9%), Electronics and appliance stores (17.0%), Building material and garden equipment and supplies dealers (15.7%), Health and personal care stores (11.4%), Clothing and clothing accessories stores (14.8%), Sporting goods, hobby, book and music stores (13.0%), Grocery stores (7.3%), and General merchandise stores (3.1%).
- During the same time period, used car dealers (-2.7%), Beer, wine and liquor stores (-33.1%), and all other (-3.1%) posted declines.
May 2025 year-to-date new motor vehicle (units) sales were up 19.9% from May 2024. New minivans, sport-utility vehicles, light and heavy trucks, vans and buses sales were up 21.5%, while new passenger cars sales were also down -3.9%.
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024. Farm product merchant wholesalers (6.3%) and Farm product merchant wholesalers (excluding Food, beverage and tobacco merchant wholesalers (3.7) posted increases
Year-to-date, May 2025 average weekly earnings are up 5.0% over May 2024.
- Sub-sectors that posted increases were: Goods producing industries (5.6%), Mining, quarrying, and oil and gas extraction (9.4%), Construction (4.2%), Manufacturing (0.4%), Service producing industries (4.9%), Trade (4.8%), Transportation and warehousing (0.9%), Information and cultural industries (1.5%), Finance and insurance (9.5%), Real estate and rental and leasing (12.3%), Professional, scientific and technical services (2.3%), Administrative and support, waste management and remediation services (8.2%), Educational services (3.2%), Health care and social assistance (4.5%), Arts, entertainment and recreation (4.2%), Accommodation and food services (4.2%), Other services (except public administration) (0.1%).
- Sub-sectors that posted decreases were: Management of companies and enterprises (-4.8%).
May 2025 year-to-date restaurant receipts were up 7.0% over the same period in 2024. Within restaurant receipts, Special food services (4.5%), Full-service restaurants (3.8%), Limited-service eating places (10.4%) all increased. At the same time, a decline was noted in Drinking places (alcoholic beverages) (-12.5%).
New Motor Vehicle Sales
19.9%
May 2025 YTD
Restaurant Receipts
7.0%
May 2025 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Consumer | Jun 2024 | Jun 2025 | Change | % Change | Jun 2024 | Jun 2025 | Change | % Change | |
| Consumer Price Index (2002=100) | 162.8 | 165.5 | 160.5 | 163.2 | - | - | |||
| Retail Trade Total ($000s) | 2384608 | 2530211 | 10108023 | 10714561 | - | - | |||
| New Motor Vehicle Sales (units) | 4652 | 5389 | 15323 | 18366 | - | - | |||
| Restaurant Receipts ($000s) | 217543 | 240131 | 983019 | 1052207 | - | - | |||
Manufacturing Sales
May 2025 year-to-date manufacturing sales are down -8.4% over the same period in 2024.
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024.
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Manufacturing Sales -8.4% |
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May 2025 YTD |
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Wholesale Trade 8.6% |
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May 2025 YTD |
May 2025 year-to-date manufacturing sales are down -8.4% over the same period in 2024. Sub-sectors that posted increases were Fabricated metal product manufacturing sales (1.7%). Sub-sectors that posted decreases were: Food manufacturing sales (-6.4%), Machinery manufacturing sales (-28.2%), All other Manufacturing sales (-5.8%).
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024. Farm product merchant wholesalers (6.3%) and Farm product merchant wholesalers (excluding Food, beverage and tobacco merchant wholesalers (3.7) posted increases
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024.
May 2025 year-to-date manufacturing sales are down -8.4% over the same period in 2024. Sub-sectors that posted increases were Fabricated metal product manufacturing sales (1.7%). Sub-sectors that posted decreases were: Food manufacturing sales (-6.4%), Machinery manufacturing sales (-28.2%), All other Manufacturing sales (-5.8%).
May 2025 year-to-date wholesale trade was up 8.6% over the same period in 2024. Farm product merchant wholesalers (6.3%) and Farm product merchant wholesalers (excluding Food, beverage and tobacco merchant wholesalers (3.7) posted increases
Manufacturing Sales
-8.4%
May 2025 YTD
Wholesale Trade
8.6%
May 2025 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Manufacturing Sales | May 2024 | May 2025 | Change | % Change | May 2024 | May 2025 | Change | % Change | |
| Manufacturing Sales Total ($000s) | 1954692 | 1622941 | 7582747 | 6946086 | - | - | |||
| Wholesale Trade ($000s) | 5138329 | 4933956 | 17174896 | 18659101 | - | - | |||
International Trade
Total International merchandise exports were down -3.1% year-to-date June 2025 over June 2024.
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Total International Merchandise Exports -3.1% |
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June 2024 YTD |
Total International merchandise exports were down -3.1% year-to-date June 2025 over June 2024.
- Sub-sectors that posted increases were: Farm, fishing and intermediate food products (3.4%), Basic and industrial chemical, plastic and rubber products (6.3%), Electronic and electrical equipment and parts (37.0%), Motor vehicles and parts (3.8%), Aircraft and other transportation equipment and parts (193.3%), Consumer goods (7.8%), and Special transactions (4.8%).
- Sub-sectors that posted decreases were: Energy products (-11.9%), Metal and non-metallic mineral products (-21.7%), Forestry products and building and packaging materials (-23.0%), and Industrial machinery, equipment and parts (-3.4%).
Total International merchandise exports were down -3.1% year-to-date June 2025 over June 2024.
- Sub-sectors that posted increases were: Farm, fishing and intermediate food products (3.4%), Basic and industrial chemical, plastic and rubber products (6.3%), Electronic and electrical equipment and parts (37.0%), Motor vehicles and parts (3.8%), Aircraft and other transportation equipment and parts (193.3%), Consumer goods (7.8%), and Special transactions (4.8%).
- Sub-sectors that posted decreases were: Energy products (-11.9%), Metal and non-metallic mineral products (-21.7%), Forestry products and building and packaging materials (-23.0%), and Industrial machinery, equipment and parts (-3.4%).
Total International Merchandise Exports
-3.1%
June 2024 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| International Trade | Jun 2024 | Jun 2025 | Change | % Change | Jun 2024 | Jun 2025 | Change | % Change | |
| International Trade Domestic Exports ($000s) | 3664848 | 3237914 | 22275745 | 21573929 | - | - | |||
| International Trade Imports ($000s) | 1449334 | 1431332 | 8560870 | 9133068 | - | - | |||
| Net International Merchandise Trade ($000s) | 2215514 | 1806582 | 13714375 | 12440861 | - | - | |||
Construction
Total year-to-date housing starts are up 80.1% in July 2025 over the same period in 2024.
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Construction Employment 15.8% |
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July 2025 YTD |
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Housing Starts 80.1% |
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July 2025 YTD |
July 2025, total year-to-date housing starts are up by 1,186 units or 80.1% over the same period in 2024. Year-to-date increases were observed in singles (260 units or 52.8%), semi-detached (36 units or 39.1%), row (262 units or 166.9%), apartment and other types (628 units or 85.0%).
The average year-to-date Housing Price Index Benchmark Composite Price is up from $332,400 in July 2024 to $354,180 in July 2025 or 6.6%, with strong sales and low levels of inventory.
June 2025 year-to-date building permits are up 54.4% over the same period in 2024. Sub-sectors that posted increases were : residential (44.5%), commercial (11.1%), institutional and governmental (192.4%) while Industrial (-22.3%) posted a decline.
July 2025, total year-to-date housing starts are up by 1,186 units or 80.1% over the same period in 2024. Year-to-date increases were observed in singles (260 units or 52.8%), semi-detached (36 units or 39.1%), row (262 units or 166.9%), apartment and other types (628 units or 85.0%).
The average year-to-date Housing Price Index Benchmark Composite Price is up from $332,400 in July 2024 to $354,180 in July 2025 or 6.6%, with strong sales and low levels of inventory.
June 2025 year-to-date building permits are up 54.4% over the same period in 2024. Sub-sectors that posted increases were : residential (44.5%), commercial (11.1%), institutional and governmental (192.4%) while Industrial (-22.3%) posted a decline.
Construction Employment
15.8%
July 2025 YTD
Housing Starts
80.1%
July 2025 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Construction | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Housing Starts Total (Units) | 366 | 375 | 1480 | 2666 | - | - | |||
| Building Permits Total ($000s) | 181634 | 286453 | 1180522 | 1822702 | - | - | |||
| Building Permits Residential ($000s) | 108492 | 123678 | 504742 | 729426 | - | - | |||
| Building Permits Non-Residential ($000s) | 73141 | 162775 | 675781 | 1093276 | - | - | |||
Culture
Information, culture and recreation employment up 8.1% in July 2025 YTD.
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Information, Culture & Recreation Employment 8.1% |
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July 2025 YTD |
July 2025 year-to-date employment in Information, culture and recreation was up 1,714 positions or 8.1% over same period in 2024.
July 2025 year-to-date employment in Information, culture and recreation was up 1,714 positions or 8.1% over same period in 2024.
Information, Culture & Recreation Employment
8.1%
July 2025 YTD
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Culture | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Employment Information, Culture and Recreation | 2230023600 | 24900 | 21243 | 22957 | - | - | |||
Population
2025 Provincial population in Q2 up 0.2% over same period in 2024
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Provincial Population 1,253,569 |
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0.2% Increase over Q2 2024 |
Q2 2025 Provincial population was up 2,660 persons or 0.2% over 2024 Q2 to 1,253,569 an all-time high.
Driving population growth was international immigration. Net inter-provincial migration has been negative every quarter since Q2 2013.
Q2 2025 Provincial population was up 2,660 persons or 0.2% over 2024 Q2 to 1,253,569 an all-time high.
Driving population growth was international immigration. Net inter-provincial migration has been negative every quarter since Q2 2013.
Provincial Population
1,253,569
0.2% Increase over Q2 2024
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Population | 2024 Q2 | 2025 Q2 | Change | % Change | - | - | - | - | |
| Population (persons) | 1233068 | 1,253,569 | - | - | - | - | |||
TrendLine Report Card - August 2025
| INDICATOR | MONTH TO MONTH | YEAR TO DATE | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Labour Market | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Employment | 611200 | 628800 | 599029 | 615343 | - | - | |||
| Unemployment Rate (%) | 5.9 | 5.5 | 5.5 | 5.0 | - | - | |||
| Average Weekly Earnings ($) | 1208 | 1243 | 1199 | 1259 | - | - | |||
| Saskatchewan Economy | 2024 | 2025 (Forecast) | Change | % Change | - | - | - | - | |
| Gross Domestic Product (2007 $M) | 1.6% | 1.8% | - | - | - | - | |||
| Consumer | Jun 2024 | Jun 2025 | Change | % Change | Jun 2024 | Jun 2025 | Change | % Change | |
| Consumer Price Index (2002=100) | 162.8 | 165.5 | 160.5 | 163.2 | - | - | |||
| Retail Trade Total ($000s) | 2384608 | 2530211 | 10108023 | 10714561 | - | - | |||
| New Motor Vehicle Sales (units) | 4652 | 5389 | 15323 | 18366 | - | - | |||
| Restaurant Receipts ($000s) | 217543 | 240131 | 983019 | 1052207 | - | - | |||
| Manufacturing Sales | May 2024 | May 2025 | Change | % Change | May 2024 | May 2025 | Change | % Change | |
| Manufacturing Sales Total ($000s) | 1954692 | 1622941 | 7582747 | 6946086 | - | - | |||
| Wholesale Trade ($000s) | 5138329 | 4933956 | 17174896 | 18659101 | - | - | |||
| International Trade | Jun 2024 | Jun 2025 | Change | % Change | Jun 2024 | Jun 2025 | Change | % Change | |
| International Trade Domestic Exports ($000s) | 3664848 | 3237914 | 22275745 | 21573929 | - | - | |||
| International Trade Imports ($000s) | 1449334 | 1431332 | 8560870 | 9133068 | - | - | |||
| Net International Merchandise Trade ($000s) | 2215514 | 1806582 | 13714375 | 12440861 | - | - | |||
| Construction | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Housing Starts Total (Units) | 366 | 375 | 1480 | 2666 | - | - | |||
| Building Permits Total ($000s) | 181634 | 286453 | 1180522 | 1822702 | - | - | |||
| Building Permits Residential ($000s) | 108492 | 123678 | 504742 | 729426 | - | - | |||
| Building Permits Non-Residential ($000s) | 73141 | 162775 | 675781 | 1093276 | - | - | |||
| Culture | Jul 2024 | Jul 2025 | Change | % Change | Jul 2024 | Jul 2025 | Change | % Change | |
| Employment Information, Culture and Recreation | 2230023600 | 24900 | 21243 | 22957 | - | - | |||
| Population | 2024 Q2 | 2025 Q2 | Change | % Change | - | - | - | - | |
| Population (persons) | 1233068 | 1,253,569 | - | - | - | - | |||
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Sources: Statistics Canada Tables 14-10-0017-01, 34-10-0143-01, 14-10-0355-01, 18-10-0004-01, 34-10-0066-01, 17-10-0005-01, 17-10-0008-01, 20-10-0008-01, 16-10-0048-01, 20-10-0001-01, 21-10-0019-01, 12-10-0012-01,14-10-0358-01, and Conference Board of Canada June 2022 Outlook. Note: All data presented above is raw/not seasonally adjusted. Some date headings may not apply to every indicator in each sector. Please link to the additional tables for a comprehensive data overview. |
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This Issue's Economist:
Stephen Johnson
MA
Chief Economist
This Issue's Editor:
Spencer Boyle
BA, Economics
Project Coordinator
TrendLine Saskatchewan is published monthly by Praxis Consulting.
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