Despite lower commodity prices and a struggling Canadian dollar, the Saskatchewan Chamber of Commerce says 2015 was a very good year in the province.
CEO Steve McLellan says although the dollar and commodity prices weren’t where businesses wanted them, the dollar was steady through the year, allowing the businesses to deal with the ups and downs.
He says one of the high points was the election of a federal Liberal majority government.
McLellan explains there was a lot of worry from businesses on a minority government being elected, which would lead to an annual election cycle, hurting both businesses and Canada.
However, with this government, he says the Liberal’s focus on infrastructure, Aboriginal issues and education is important for Saskatchewan.
Looking ahead, McLellan says 2016 could be a strong year for the province, especially if the Trudeau government signs the Trans Pacific Partnership.
McLellan says the TPP could make “millions of dollars of difference”, and would “open up the globe in a way that hasn’t been done for Saskatchewan before”.
He says it makes it simpler to cross borders to trade with other countries, and the partnership would open the door to many new countries.