EXPORT MARKET THRIVING IN SASKATCHEWAN

Saskatchewan exports are increasing at a higher rate than anywhere in the nation according to Statistics Canada today.

The international export of goods for April 2008 was up 44.8 per cent to $2.465 billion when compared to April last year. Nationally, exports increased 3.6 per cent over the same period. Alberta's exports were up 40 per cent, while Manitoba decreased 10.6 per cent and British Columbia dropped 13.1 per cent.

"Our economy is dependent on a robust export market, and it is no surprise that export sales are up considerably when compared to last year, and when compared with levels in other provinces," Enterprise and Innovation Minister Lyle Stewart said. "In spite of a high Canadian dollar, the amount of goods exported from Saskatchewan continues to increase, creating more jobs and more opportunities here at home."

Export increases were up in a number of sectors April over April, with agriculture up 53.9 per cent (to $742.6 million); mining, oil and gas up 55.1 per cent (to $1.292 billion); and manufacturing up 13.1 per cent (to $416 million).

During the first four months of 2008, export sales are up 37.8 per cent (to $8.734 billion) when compared to the same months of 2007. This was the highest percentage increase in Canada. Export sales on a national basis dropped by 1.3 per cent over this period.

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For more information, contact:

Deb Young
Enterprise and Innovation
Regina
Phone: 306-787-1691
Email: Deb.Young@gov.sk.ca