New numbers from Statistics Canada today show that the value of building permits has plunged 57% year over year and that Saskatchewan had the greatest drop in the value of building permits of all the provinces.
With government-wide infrastructure spending falling each year for the past few years, projected to be down 44% from 2016, the outlook for Saskatchewan’s construction industry appears bleak if the Sask. Party doesn’t change course.
“The Sask. Party’s decision to add the PST to construction labour has slammed the brakes on an economy that was already struggling,” said NDP Finance Critic Trent Wotherspoon. “We need an economy that works for people and keeps people working, which is why we’re committed to a Sask-First procurement policy that puts our workers and our companies to work building our schools, hospitals and roads. Together we can undo the damage the Sask. Party has done and create good jobs for Saskatchewan people.”