Sask sees major growth in manufacturing sales and wholesale trade

 

The Saskatchewan government says the province is leading the country in year over year growth in manufacturing sales and wholesale trade.

Saskatchewan’s manufacturing sales increased 35.8 percent between December 2020 and December 2021, while wholesale trade increased 32 percent in the one year time span.

Trade and Export Development minister Jeremy Harrison says the significant growth shows the strength in the economy.

The sectors with the highest rise in manufacturing sales during 2021 were chemical manufacturing, up 94 percent, food manufacturing up 16 percent and fabricated metal products up 13 percent.

The top performing sectors in wholesale trade were building materials up 19 percent, motor vehicles and parts up 16 percent , and machinery and equipment with a rise of 13 percent.

In December 2021 the total value of wholesale trade in Saskatchewan was more than 3.2 billion dollars, while the total value of manufacturing shipments was more than 1.7 billion dollars.

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