SASKATOON – Saskatchewan’s manufacturing industry had a record month this past October as sales totalled $1.35 billion, up from $1.21 billion last year.
According to a recent Statistics Canada survey, manufacturing sales increased 11.4 per cent in the province over October, 2012. This was the third largest increase only behind Prince Edward Island and New Brunswick.
Canada saw a 2.6 per cent increase on a year-over-year basis.
“The manufacturing sector is thriving in our province, and the record numbers for October will definitely give the economy a boost as we head into 2014,” says Bill Boyd, Saskatchewan economy minister.
Over 27,000 people in Saskatchewan are employed through the manufacturing industry which generated $14.2 billion in shipments in 2012.
September was also a record-breaking month for Saskatchewan, with a 9 per cent increase over the previous month, totalling $1.3 billion.
From September to October, the province’s manufacturing sales increased 0.5 per cent.
In October, Canadian manufacturing sales increased 1 per cent to $50.1 billion. Sales were up in seven provinces, compared to September.
StatsCan says the increase was mostly due to higher manufacturing sales in the Canadian food industry.
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