Saskatchewan’s economy is strong and our future is bright. According to Deloitte’s Economic Outlook Summer 2024, “Saskatchewan’s economy will be one of the country’s leaders in growth over the near term as a recovery in the agriculture sector and very strong business investment propel real GDP growth of 1.6% this year and 4.3% next year.”
The Conference Board of Canada solidifies this in Saskatchewan’s Five-Year Outlook, stating “Saskatchewan’s finances are still an envy of most other provinces.” Our strong and growing economy makes Saskatchewan a great place to live, work and raise your family.
Inflation in Saskatchewan remains at about half the national rate, due in part to our government’s decision to remove the carbon tax off home heating. Our inflation rate for June was 1.4 per cent, tied for the lowest among the provinces and about half the national rate of 2.7 per cent.
Just imagine how much that inflation rate would drop if the carbon tax was removed off everything for everyone. Our government will continue to provide the necessary relief for families while standing up for Saskatchewan people.
Private investment continues to fuel our province’s strong economy as well. Cargill’s new canola crush plant in Regina is now 50 per cent complete and expected to open sometime next year. This facility will help our province work towards the Growth Plan goal of crushing 75 per cent of the canola Saskatchewan produces right here in the province.
Saskatchewan has the food, fuel and fertilizer the world needs, including canola grown and processed right here at home. Processing facilities like these will add value to the canola our producers grow, create local jobs and support Saskatchewan’s economic growth.
As Saskatchewan’s economy continues to grow, I look forward to hearing from you. You can reach my office at ken.cheveldayoff.mla@sasktel.net or call .306.651.7100
I value my constituents feedback and as your MLA I would be happy to discuss any priorities or concerns you have.
I appreciate the opportunity to make a positive difference in our constituency. Your phone calls, letters, and emails make a big difference in keeping me informed on the issues that matter to you.
If you would like me to recognize anyone or have your event mentioned in this newsletter, please don't hesitate to call or email me.
I was pleased to join Saskatoon Willowgrove resident and Tim Hortons Franchisee Janna Dutton on the annual Tim Hortons Camp Day last week. I also had the opportunity to display the bracelets to support the day.
To everyone who bought a coffee, a bracelet, rounded up, or made a donation: Tim Hortons THANKS YOU! Because of your generosity, $12.8M will be donated to Tims Camps, supporting our mission of empowering youth.
Thank you for suppporting the magic of Tim's Camps, and for changing the lives of youth within your community.
If you're looking for another way to support the Foundation? Donate anytime by toggling "Round Up" in the Tims App, or by making a donation at https://timscamps.com/Your support on Camp Day helped to connect more underserved youth to Tims Camps, empowering them to believe in their own potential and change their stories for the better.