There’s a piece of the provincial economy that gets little in the way of fanfare because its largely unseen in the supply chain. However, it turns out some very big numbers.
We are talking about the wholesale sector.
It can be something of a bellwether for how the retail marketplace will fare in a month or two as goods pass through these suppliers on their way to store shelves. And wholesalers also play a key role in our export numbers. Saskatchewan, with its small population base, is not a large consumer market. Though we are productive, so we have to ship our excess production to customers outside our borders.
And sometimes manufacturers can fit into this category – farm machinery parts suppliers, for example. Again, a large segment of this market is outside the province.
At the end of the day, this segment brings money into the province from outside – and they can be large sums. The average month these days sees revenues of more than $2.5 billion, which translates into $30 billion a year, employing hundreds of people, generating wealth and tax revenues.