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Originally Posted by Spocket
...So you've got Saskatoon and Victoria. Saskatoon is growing at a pretty quick rate lately but that has far more to do with a downturn in the oil patch than much else. Lest we forget, Saskatchewan as a whole was stagnant for quite some time despite having so much going for it. In other words, it could end tomorrow. Certainly, oil is being phased out and eventually this will give people fewer reasons to move to Alberta in the first place but that's still a long way off.
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Saskatchewan economy has been thriving for quite sometime, GDP in the province is larger than a similar sized province next door and larger than the entire Maritimes.
Saskatchewan tax payers have individually paid more into transfer payments to equalization program more than the province has ever recieved back. Saskatchewan's population boomed to be 3rd most populous province hundred years ago, but with green revolution in agriculture, transition of population from largely rural to mostly urban population today has taken place without need for exponential population growth.
Times have changed though and for Saskatchewan's economy to continue growing an increase in population in it's cities is needed.
Saskatoon is in the heart of this renaissance, the city's economy is nicknamed POW city because of Potash, Oil, & Wheat at the heart of it's economy.
Saskatoon's other industries like Mining & Uranium companies are world leaders in their industries. Unless global population stops growing & doesn't reach it's expected 50% increase by 2050, Saskatchewan commodities will also be growing in demand, especially more fertilizer and more food, Saskatoon's
Nutrien, as the world's largest provider of crop inputs and services, will be part of that growth.
Just this last month with India's chick pea production devastated, Saskatchewan chick pea and pulse crop production will be relied on even more.
https://www.goift.com/news/140404-pu...years-higgins/
Also just this last week, Saskatchewan was award part of the $1 Billion by the federal government to invest in SuperCluster project in increasing Canada's share of global protein production.
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PIC will move Canada to second place in global agricultural exports and fifth in agri-food exports, equivalent to an additional US$30 billion in exports in today’s distribution of global export shares, and representing nearly 2% of current national GDP. Plant based protein is a $13 billion market opportunity.
http://www.macleans.ca/politics/ottawa/navdeep-bains-and-the-silicon-plant-people-from-saskatchewan/
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https://news.usask.ca/articles/resea...nced-today.php
The University of Saskatchewan is part of Saskatoon's rapid growth rate. U of S is member of the
U15 group of Canadian Research Universities, and is top ten for universities to receive research money in Canada.
Biotech is large part of U of S research but other disciplines like VIDO located on campus, Nuclear Physics including Saskatchewan Linear Accelerator Laboratory and Canada's Light Source Synchrotron is located on campus. Also the U of S Plasma Physics Laboratory operates Canada's only Tokamak called STOR-M.
http://acfta.ca/data/documents/Xiao-...ton-171104.pdf
Even though oil industry has had a hiccup last couple years, Saskatoon's economy and population growth hasn't skipped a beat.