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Released on July 30, 2025
Saskatchewan is once more the highest area in Canada for mining funding attractiveness, rating first within the nation in accordance with the Fraser Institute’s Annual Survey of Mining Companies. The 2024 report included responses from 350 firms ranking 82 jurisdictions around the globe.
In addition to its best-in-Canada rating, Saskatchewan positioned seventh globally, owing to its robust rating in coverage and regulatory notion.
“These results from the Fraser Institute speak to Saskatchewan’s strong and steady approach to attracting mining investment,” Energy and Resources Minister Colleen Young mentioned. “We offer some of the best incentive programs in the country for mineral development and we continue to uphold our reputation of being responsive, stable and predictable as a jurisdiction where investors can move projects forward.”
The 2024 survey measured all areas on two important areas – coverage notion and mineral potential – to provide you with an total attractiveness rating for funding. Saskatchewan positioned first in Canada, and third globally, in coverage notion, based mostly on responses regarding coverage certainty, environmental regulation, the authorized system and expert labour provide.
Saskatchewan additionally ranked extremely for its geological database – fourth on the planet – which speaks to the Saskatchewan Geological Survey’s cutting-edge mapping expertise and high-quality public geoscience knowledge and its intensive library of core samples in its southern and northern Saskatchewan amenities.
“Achieving the number one ranking in Canada is due to our ability to work constructively and collaboratively with government to enable policies that attract investment,” Saskatchewan Mining Association President Pam Schwann mentioned.
Last 12 months Saskatchewan reached file highs in potash manufacturing, mining roughly 24.7 million tonnes of potassium chloride, whereas additionally reaching new information for uranium manufacturing and gross sales – 16,700 tonnes and $2.6 billion, respectively.
The province is residence to 27 of the 34 minerals on Canada’s crucial minerals checklist. In addition to uranium and potash, there may be robust potential in Saskatchewan for additional development within the crucial minerals sector: helium manufacturing continues to extend, whereas key tasks in lithium, copper and zinc are set to start manufacturing over the subsequent 12 months.
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https://www.saskatchewan.ca/government/news-and-media/2025/july/30/saskatchewan-first-in-canada-for-mining-investment-attractiveness-fraser-institute
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