In March 2024, building permits in Saskatchewan totalled $176 million. This value represents the dollar amount of construction permits issued for both residential and non-residential buildings.

Statistics Canada data indicate that Saskatchewan's GDP reached an all-time high of $77.9 billion in 2023, increasing by $1.2 billion, or 1.6 per cent. This places Saskatchewan second in the country for real GDP growth, surpassing the national average of 1.2 per cent.

Private capital investment is projected to reach $14.2 billion in 2024, marking a 14.4 per cent increase over 2023. This represents the highest anticipated percentage increase in Canada.

"The increase in the value of building permits demonstrates the confidence that individuals and industry have in making long-term investments in Saskatchewan," Trade and Export Development Minister Jeremy Harrison said in a recent press release. "This growth is only possible through the deliberate efforts we have made to foster a competitive business environment, reduce regulatory burdens, and make Saskatchewan a reliable place to invest. These factors are contributing to attracting record private capital investment into the province, leading to the creation of new jobs in our communities."