📋 Tender Overview
Released on October 21, 2026
Latest data from Statistics Canada shows investment in building construction in Saskatchewan increased by 17.3 per cent in August 2026 compared to August 2025 (seasonally adjusted).
Investment we are seeing in new homes, schools, factories and commercial buildings reflects confidence in Saskatchewans economy and supports the needs of our province, Trade and Export Development Minister Warren Kaeding said. The benefits from building construction does not stop at the work site - they ripple throughout local economies, creating jobs, supporting local businesses and helping build strong communities across Saskatchewan.
Regina recorded a significant increase of 54.7 per cent in August, reaching a value of 161 million.
Investment in building construction is calculated based on the total spending value on building construction within the province.
Statistics Canadas latest Gross Domestic Product (GDP) numbers indicate that Saskatchewans 2025 real GDP reached an all-time high of 85.4 billion. This was an increase of 2.2 per cent, putting the province well above the national average of 1.7 per cent.
Private capital investment in Saskatchewan increased last year by 12 per cent to 13.6 billion, ranking first among provinces. Efforts behind the provinces Securing the Next Decade of Growth: Saskatchewans Investment Attraction Strategy are driving that momentum.
For more information visit: InvestSK.ca.
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For more information, contact:
Media Relations
Trade and Export Development
Regina
Phone: 306-526-6302
Email: media.ted@gov.sk.ca
