The province set records for investment and population growth in 2011 and two independent forecasters are predicting that Saskatchewan will continue to lead Canada and set records in 2012.
Private and public investment is expected to reach $17 billion in 2011, an all-time record for the province.
"The statistics are good, but even better is the fact that people and investors recognize the real growth yet to come and know that Saskatchewan is becoming the leading place to do business in Canada," said Enterprise Minister, Jeremy Harrison
Two major forecasters, RBC and the Conference Board of Canada have predicted that Saskatchewan will lead economic growth this year at 4.5 per cent and 5.1 per cent respectively.
And while other jurisdictions are seeing their credit ratings slide, Saskatchewan received a boost to AAA by the international credit rating firm of Standard & Poor's.
"The progress we have made this year is great, but what is more important is the potential for future investment capital, with about $50 billion in the next 20 years in the works for the mining industry,” said Harrison.
"There are many long term projects, most of them in potash, that look particularly bright."
In the first ten months of 2011, Saskatchewan retail sales were up 8.1 per cent to $13.3 billion, compared to the same period in 2010.
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