March 4, 2009

Saskatchewan - doing it right

With all the financial gloom and doom around the world, there is one bright island. From CNN/World:
Saskatchewan a jobs 'hot spot' in Canada
Normally, "hot spot" isn't the first phrase that comes to mind when talking about Saskatchewan, Canada.

But with most of Canada suffering from devastating job losses, this cold province is becoming exactly that.

It's an asterisk to the entire country when it comes to the economic climate, and Premier Brad Wall is shouting it as loud as he can.

"It's a great time to come to Saskatchewan," said Wall, who even called the Toronto Star newspaper to tout his province's economic success and let Ontarians know there were jobs for the taking.

"For those who are losing their jobs, we need them to know we have thousands of jobs open right now in both the private and public sector," Wall said. "We have a powerful story to tell, a story of success and that's something we want to share with those who are struggling."

Wall's province is one of the exceptions to the unemployment increases battering provinces across Canada. Saskatchewan's unemployment rate fell to 4.1 percent in January from 4.2 percent in December, making it the only province recording a decline. In Ontario and the city of Toronto, unemployment rates rose to 7.2 percent and 8.5 percent respectively. To the west, British Columbia shed 68,000 full-time jobs in January.
And the reason:
On Tuesday, the Conference Board of Canada released a report that said Saskatchewan will likely continue to lead the nation in economic growth in 2009 because of the infrastructure investment and tax reductions.
That one sentence speaks volumes. Infrastructure Investment and Tax Reductions. Not Pork and Poverty. Posted by DaveH at March 4, 2009 8:41 AM
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