He adds that now that the numbers are out in black and white, the government has no choice but to look at this and act. “The imposition of the PST and the cold water that it has put on important projects and investments across our province has hurt the province as a whole,” said Wotherspoon. “Our economy and our GDP is smaller because of the imposition of the PST.”
Numbers released from Stats Canada on Thursday show the value of building permits in Saskatchewan dropping by over 22 percent or $44-million over the last year.
That has the provincial NDP re-iterating its call for the provincial government to remove the PST from construction labour and contracts.
Finance critic Trent Wotherspoon said that move has been proven to be disastrous. “I’ve heard time and time again from construction companies that they have lost project after project and had to lay off and let go of workers and the numbers are proof as well with both the permits and jobs lost throughout the province.”
Wotherspoon said the numbers are a cold slap in the face. “It’s stunning, it’s devastating, it’s connecting what I’ve been hearing from small businesses and contractors across the province.”
The government says despite what the NDP is saying about the economy and jobs, the reality is as the numbers would show that Saskatchewan had almost 11,000 more jobs than it had in December of 2017 which is a growth rate of 1.9 percent putting them second highest among the provinces.