One of the more interesting non-economic measures of how the provincial economy is performing is population.
Back at the beginning of the century the Provincial Chambers Action Saskatchewan Initiative introduced the concept of population as a measure of economic performance to the provincial conversation.
They argued at the time, that if people were moving here something good was going on and if they were leaving, well there was a problem.
There were both detractors and supporters of this notion, but it’s become part of the narrative of how Saskatchewan is doing.
We now have a quarterly update on the population from StatsCan and it says we have just under 1.7 million residents right now, that’s up above 1700 from the end of 2017.
It says the pace of population growth is slowing, but we are still in positive territory and it’s because of our birth rate and international migration. That was 2700 in the fourth quarter of last year, but we are losing people to other parts of the country, however the inflow is still greater than the out-migration.