The province is touting the future strength of Saskatchewan’s economy as 2010 comes to an end.
Eight economic forecasters predict that Saskatchewan will have the fastest growing economy in the country in 2011 and is expected to increase by an average of 3.7 percent next year. The national average is forecast to be 2.4 percent.
For the second year-in-a-row, the Fraser Institute said Saskatchewan was second in the nation in their “Canadian Investment Climate 2010 Report.”
Enterprise Saskatchewan Minister Jeremy Harrison attributes much of the growth in the past year to a rebound in potash and oil and gas, land sales for petroleum and natural gas rights and increased building permits.
This news comes on word last week that a record number of people were living in the province with almost 10,000 new jobs expected to be created in 2011.
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