economy

Mandatory mask policy now province-wide as more public health measures are announced

Nov 17, 2020 | 2:51pm

With COVID-19 cases in Saskatchewan continuing to go up at a high rate, the province is enacting more public health measures that take effect Thursday and will be in place until December 17 when they will be reviewed by the province’s chief medical health officer, Dr. Saqib Shahab. After saying last week that only certain […]

$1.9 Million Investment Made to Assist Small Businesses in Saskatchewan

Nov 13, 2020 | 3:05pm

On Friday, the Federal Government  announced funding for 24 of Saskatchewan’s leading organizations to help small businesses in the province. Terry Duguid, Parliamentary Secretary to the Minister of Economic Development and Official Languages, says the investment will see $1.9 million for the province, including $225,000 to the Saskatchewan Chamber of Commerce.  He says the funding […]

Saskatchewan business applauds government’s decision to avoid second lockdown

Nov 13, 2020 | 1:34pm

A group of 34 business organizations in Saskatchewan including the Saskatchewan Chamber of Commerce, the Saskatchewan Hotel and Hospitality Association, Economic Development Regina and the Chamber of Commerce in many provincial municipalities are thanking the government. One of those 34 is the Regina and District Chamber of Commerce. CEO John Hopkins says there was a […]

Back to basics; province announces additional health measures to fight COVID-19

Nov 13, 2020 | 11:47am

New measures have been announced by the province as we continue to fight a high amount of COVID-19 cases.  The measures are in place until December 4 As of Monday, mandatory masking in indoor places will occur in all Saskatchewan communities with a population of more than 5,000. This includes the censuses metropolitan areas – […]

Bank of Canada holds rate steady, says COVID-19 economic recovery likely by 2022

Oct 28, 2020 | 10:40am

The Bank of Canada kept its key interest rate on hold Wednesday as it said the country’s economy won’t recoup the losses from COVID-19 until 2022, with the road to recovery dependent on the path of the pandemic. In July, the Bank of Canada said it believed the country had been spared from a worst-case […]

Western Canadian oil output still down after restoring some COVID-19 cutbacks

Oct 22, 2020 | 10:10am

The Canada Energy Regulator says most, but not all, western Canadian oil production has been restored after being cut because of low prices amid the COVID-19 pandemic. The national agency says western Canadian oil supply had slipped by as much as 972,000 barrels per day by mid-May as demand fell due to pandemic lockdowns and […]

Positive economic news for SK from Scotiabank report

Oct 18, 2020 | 6:35am

With a second wave of COVID-19 hitting the country, a report from Scotiabank shows Saskatchewan is handling several economic areas quite well with a lot of credit going to the fact the province has done a good job in containing the virus. The Scotiabank Provincial Outlook shows that while the province is getting hurt by […]

Meili doubles down on minimum wage promise

Oct 11, 2020 | 11:34am

NDP Leader Ryan Meili reiterated his promise Sunday, for a $15 minimum wage if he’s elected Premier. Meili says the most recent increase is a slap in the face for families in the province. “Scott Moe says he’s satisfied, but he’s left working families with less money to spend in local businesses. That’s not right. […]

Moe pledges SK Party gov’t to assist small business if re-elected

Oct 3, 2020 | 10:16am

Saying small business is a key driver of the Saskatchewan economy, Scott Moe is saying if re-elected October 26, the small business tax rate will be reduced for the next three years. Speaking in Prince Albert on Saturday morning, Moe says the Saskatchewan Party knows how hard small businesses and its employees have been hit […]

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