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Saskatchewan on track to set export record

Exports surpassed $30.3 billion in the first 11 months of 2013, up 5.4% from 2012.

January 9, 2014   by The Canadian Press

REGINA – The president of a Saskatchewan export group says the province is on track to set all-time high records for exports.

Lionel LaBelle, president and CEO of Saskatchewan Trade and Export Partnership, says exports surpassed $30.3 billion in the first 11 months of 2013, up 5.4% from 2012.

In November alone, he says exports totalled $2.8 billion.

LaBelle told the John Gormley Live show that most people are wondering where the potash industry would land.

He says potash sales are on par with 2012.

LaBelle added that the real standout industry was agriculture.

“Our wheat exports to the end of October were $1.7 billion. Our canola exports were $3.5 billion,” he said. “Our lentil business is up 70%, our pea business is up 80 per cent to the end of October. When we get the November numbers in detail, we suspect that that particular trend will continue.”

He said the manufacturing industry is ahead of 2012 and the lumber industry has also taken a jump.

“I don’t think I’m stepping out of line when I suggest that if you look at December numbers over the last four or five years there has always been strong representation,” LaBelle said. “I’m quite confident that we will eclipse $33 billion without an issue at all.”

LaBelle said Saskatchewan’s energy industry and “food” industry are parallel at around the $11 billion mark. Those industries are followed by potash, manufacturing, and uranium.

“Those five would add up to about 90% of our exports,” he said.

©The Canadian Press

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