Heritage Insurance
Call or Text Us! (306) 693-7640
We Take The Hassle Out of Buying Insurance GUARANTEED...

Home
Insurance
Click Here!

Explore Your Options With Clickable Coverage Instant Quote >

Auto
Insurance
Click Here!

Explore Your Options With Clickable Coverage Instant Quote >

Business
Insurance
Click Here!

Explore Your Options With Clickable Coverage Instant Quote >

Life
Insurance
Click Here!

Explore Your Options With Clickable Coverage Instant Quote >

Leader-Post staff June 22, 2010

REGINA — A rebound in the potash sector, combined with strength in energy and still-strong population trends, will fuel 4.2-per-cent economic growth in Saskatchewan this year — the strongest in Canada, BMO said Tuesday in its latest provincial forecast.

Last year, Saskatchewan's economy contracted by 6.3 per cent due to a steep decline in potash production, as sales to China, the European Union and the U.S. fell sharply.

However, sales have bounced back in 2010 and output was up 75 per cent year over year in the first quarter, as Canpotex — the offshore marketing agency for Saskatchewan potash producers — was exporting at maximum capacity.

Meantime, the oil and gas sector, particularly the Bakken play in southeastern Saskatchewan, continues to attract investment dollars. The province netted $190 million in land sales in April, well above the $11.7 million fetched in the prior year sale, when commodity prices were much lower.

The province has also moved to lower royalties, including a three-year break on horizontal natural gas wells.

Full Story
Posted 5:40 PM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Peace Hills
SGI Canada
SMI
Southwestern
TCIN Canada
Wawanesa
Wynward
Connect With Us: Facebook Twitter LinkedIn Google+ YouTube RSS Feed

Latest News
Read more >
Icon
Visit Us Heritage Insurance LTD Office


Icon

© Copyright 2018. All rights reserved. Powered by Insurance Website Builder.