Saskatchewan’s real gross domestic product (GDP) hit an all-time high of $84.5 billion in 2025, according to the latest data from Statistics Canada released by the provincial government.
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The province’s economy grew 3.1 per cent last year, well above the national average of 1.9 per cent, according to a release from the Ministry of Trade and Export Development. The result builds on the province’s performance the year prior, which also set a record at the time, as reported in coverage of Saskatchewan’s record GDP growth in 2024.
Agriculture and construction drive the gains
The agriculture, forestry, fishing and hunting sector expanded 17.9 per cent in 2025, the government said, a jump that lines up with the record revenue posted by Saskatchewan’s ag sector over the same period.
Construction activity in the province climbed 10 per cent, officials said, pointing to continued building tied to major resource and infrastructure projects.
Trade and Export Development Minister Warren Kaeding said the numbers reflect work happening across the province.
“We have a lot to be proud of in these numbers,” Kaeding said. “They reflect the work being done every day by people and businesses across our province. As new projects move forward and more companies choose to invest in Saskatchewan, we are creating jobs and opportunities that help people and communities succeed. Our government will continue its strong and steady approach so that Saskatchewan remains a place where people can look to the future with confidence.”
Major projects and global investment
The province said 60 large-scale projects are currently in planning or underway in Saskatchewan, representing more than $100 billion in private capital investment.
That includes Bell Canada’s planned data centre expansion near Regina, a $52-billion private capital investment the province calls the largest in Canadian history. Construction also began this year on NexGen Energy’s $2.2-billion Rook I uranium project, while Denison Mines’ Wheeler River uranium project represents an initial capital investment of about $600 million, together totalling an estimated $2.8 billion for northern Saskatchewan.
Officials credited the province’s network of nine international trade and investment offices, along with direct outreach such as the Canada Investment Summit held in September, for helping connect investors with Saskatchewan opportunities.
What it means for the Lloydminster region
Agriculture and resource activity remain central to the economy on both sides of the Saskatchewan-Alberta border, and the provincial growth figures echo recent trends in Saskatchewan’s export sector, where farm and oil shipments have climbed 15 per cent. Local producers and oilpatch operators are among the industries that typically benefit when provincial resource and agricultural output post record highs.
More information on the province’s investment priorities and large-scale projects is available through InvestSK.ca.
