Saskatchewan Online Backup
Although one of the less populated provinces of Canada, there are numerous advantages for businesses in Saskatchewan. For most of its time as a Canadian province, Saskatchewan has primarily profited from agriculture. Today the province remains one of the lead producers of some of Canada’s grain, particularly wheat. This makes Saskatchewan a good candidate for businesses seeking to gain better footing for agricultural development. Saskatchewan has fertile ground and is well established as an agrarian leader in Canada. As other provinces have focused on more urban projects and development, Saskatchewan has continued to provide more basic products to help sustain the nation’s growth.
However, agriculture is no longer the main source of Saskatchewan’s gross domestic product, or GDP. Unlike many of the more urban areas of the nation where new energy sources are being sought and developed, Saskatchewan helps to provide the main current source of energy through the production of oil and natural gas. Second only to Alberta for the production of oil, Saskatchewan continues to fuel the nation on the primary energy source available to most people. Although natural gas is not produced in the same quantities of crude oil, it can be found in several of the western regions of the province.
Despite its more rural reputation, more urban industries actually make up the greatest portion of the province’s GDP, such as the financial, insurance, or real estate. While real estate can be very closely tied to more agrarian business, it also means that there is considerable potential for more commercial areas for those willing to venture into the province to start or expand a business.
To help persuade companies and industries that the province is as competitive as the more populated areas, including cities in other countries, Saskatchewan offers a much better cost of operation and business than many of the most well-known provinces. According to an independent study conducted by KPMG, three of Saskatchewan’s main cities ranked in the top 30 cities in terms of competition. The survey compared costs for many aspects of business, things like wages, taxes, transportation, leasing, and depreciation, to determine how competitive each city was against 132 other major, industrialized cities.
As an area that has largely been disregarded, Saskatchewan’s success may come as a surprise. Each of the three cities that did very favorably in the study are growing and developing in new ways. The city that placed the most favorably was Moose Jaw, a small city located in the southern part of the province. Best known as a place for people to live in retirement and as a tourist attraction, Moose Jaw has considerable potential for businesses looking for some of the more traditional businesses, like nurses and merchandizing. Prince Albert placed second highest in the province. Located in the middle of the province, this city is best known as the last major stop on the way to the resources found in the northern part of the province. From Prince Albert, the territory is more remote and very rural or untamed. Regina was the third city to place in the top third of the KPMG survey. This is somewhat expected considering it is the capital of Saskatchewan. It provides many of the benefits offered by the capital of a province.
Businesses in Saskatchewan need to protect their digital assets using only the best in data protection services. Contact Storagepipe for Saskatchewan online backup.