FIRST EIGHT MONTHS OF 2012 GOOD FOR EXPORT MARKET

Merchandise export figures released by Statistics Canada today show Saskatchewan had an increase of 13.4 per cent in the first eight months of 2012 compared with the same period in 2011. That was the second highest growth rate in the nation over this period.

"Trade and exports are a critical component of our economy," Economy Minister Bill Boyd said. "The variety of goods that flow across Canada and around the world is important to maintain and create new jobs and businesses here at home and also works to attract new investment to Saskatchewan."

In the first eight months of 2012 exports were up over last year in key areas including Agriculture (10.1 per cent), Energy (26.3 per cent), and Machinery (27.8 per cent). Exports totalled $20.95 billion during this period.

On an annual basis, exports were up 3.4 per cent August over August, the third best percentage increase among the provinces.

"Our economy is moving forward with new jobs and new growth opportunities," Boyd said. "The rise in exports complements the increase we've seen in jobs, the record population figures and other major economic indicators and forecasts which is a good sign our economy is continuing its strong growth."

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For more information, contact:

Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@enterprisesask.ca