Saskatchewan led the country in private capital investment growth in 2025, according to new data released Wednesday by Statistics Canada.
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The federal agency reported private capital investment in the province rose 12 per cent in 2025, ranking first among the provinces.
Trade and Export Development Minister Warren Kaeding said Saskatchewan’s competitive business climate continues to attract investors.
“Our province continues to see impressive capital investment, because Saskatchewan has what companies want,” Kaeding said in a statement, pointing to skilled workers, incentives, low tax and utility rates and what he described as a stable regulatory environment.
Total capital investment in Saskatchewan increased by 13.8 per cent last year to $19.7 billion, representing the second-highest growth rate in Canada.
Statistics Canada also reported Saskatchewan’s 2024 real gross domestic product reached a record $83.6 billion, up 3.1 per cent. That placed the province second nationally for real GDP growth and above the national average of 2.0 per cent.
Capital investment includes spending on fixed assets such as structures, machinery and equipment used to produce goods and services. Economists often view the measure as an indicator of business confidence and long-term economic strength.
The province attributed the growth in part to its Investment Attraction Strategy, launched two years ago. The strategy focuses on supporting investors, working with local and Indigenous partners and leveraging Saskatchewan’s nine international offices to build global connections.
More information is available at InvestSK.ca.
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