Saskatoon's business leaders continue to have high expectations for the future growth of our city, according this article from the Saskatoon Star Phoenix that ran on the weekend.
Addressing a recent KMPG report that indicated Saskatoon is the "most tax-competitive city in the country," Tim LeClair, president and CEO of the Saskatoon Regional Economic Development Authority told the Star Phoenix that his office dealt with 443 companies who requested information on doing business in the city last year.
More from this story. Kent Smith-Windsor, executive director of the Greater Saskatoon Chamber of Commerce, says this current growth trend for Saskatoon could be comparable to the historic boom in the city from 1903 to 1913. He admits the city may have underestimated its capacity to grow. He points to the city's unemployment rate remaining steady at below five per cent in 2012 despite adding 12,000 new jobs during the same time period.
Overall Smith-Windsor's forecast for 2013 is a little more cloudy than he expected for 2012, but only because 2012 "met and almost exceeded our expectations." He added, "Everything we're seeing the next five years will be as good as or better than the previous five years in terms of the future of Saskatchewan. This is robust. This is real."
Read the Star Phoenix story here.
The referenced KPMG report is here.
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Norm Fisher
Royal LePage Vidorra
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