Saskatchewan builds on construction momentum

October 21, 2026

Media Release, Gov't SK

Key points from this story:

• Investment increased by 17.3% in August
• Regina's investment rose by 54.7%
• Total value reached $621 million
• Saskatchewan's GDP hit $85.4 billion
• Private capital investment up by 12%
• Investment strategy driving momentum

Latest data from Statistics Canada shows investment in building construction in Saskatchewan increased by 17.3 per cent in August 2026 compared to August 2025 (seasonally adjusted).

"Investment we are seeing in new homes, schools, factories and commercial buildings reflects confidence in Saskatchewan's economy and supports the needs of our province," Trade and Export Development Minister Warren Kaeding said. "The benefits from building construction does not stop at the work site - they ripple throughout local economies, creating jobs, supporting local businesses and helping build strong communities across Saskatchewan."

Regina recorded a significant increase of 54.7 per cent in August, reaching a value of $161 million.

Investment in building construction is calculated based on the total spending value on building construction within the province.

Statistics Canada's latest Gross Domestic Product (GDP) numbers indicate that Saskatchewan's 2025 real GDP reached an all-time high of $85.4 billion. This was an increase of 2.2 per cent, putting the province well above the national average of 1.7 per cent.

Private capital investment in Saskatchewan increased last year by 12 per cent to $13.6 billion, ranking first among provinces. Efforts behind the province's Securing the Next Decade of Growth: Saskatchewan's Investment Attraction Strategy are driving that momentum.