The sometimes overlooked and always humble city of Saskatoon is quickly becoming one of Canada’s foremost economic hubs. Poised for growth, this already booming city boasts one of the most dynamic economies in Canada.
While mining, energy and agriculture are long-time pillars of Saskatoon’s diverse economic make-up, advanced research facilities are creating fantastic new opportunities in emerging industries.
Saskatchewan is the second largest producer of uranium in the world and Cameco, the world's largest uranium producer – accounting for approximately 16 per cent of the world's uranium – is headquartered in Saskatoon. Saskatchewan also dominates the global potash industry - mining and manufacturing salts used in fertilizers and plant foods - and Saskatoon is home to mining supergiant PotashCorp. With global demand for these resources at a high and continuing to grow, it’s not surprising that Saskatoon’s economy is flourishing.
Beyond mining, Saskatoon is home to world-class innovation. Canada’s national synchrotron research facility, Canadian Light Source (CLS) is home to the country’s only synchrotron; a source of brilliant light that scientists use to gather information about the structural and chemical properties of materials at the molecular level. CLS is a truly state-of-the-art facility that is advancing science, enhancing the competitiveness of Canadian research at a global level and augmenting the quality of life for people around the world.
In addition to a thriving economy, Saskatoon offers fantastic support to entrepreneurs and small business owners. Ideas Inc., Saskatchewan’s first full-service business incubator, was developed and is now operated by Saskatoon’s local business community. Ideas Inc. provides comprehensive business development and advisory services to start-up companies and established small businesses alike.
From big industry to small business, outdoor adventure to fine dining and culture – it’s all right here, in Saskatoon!
For more information or to plan your Saskatoon getaway, visit www.tourismsaskatoon.com.