Economy of Saskatchewan - Technology

Technology

The two Innovation Place Research Parks immediately adjacent to Regina and Saskatoon Universities host several science and technology companies which conduct research activities in conjunction with University departments. Given Saskatchewan's booming economy and recent change of government, the shape of higher education in the province may be changing. Modern diversification has meant that now agriculture, forestry, fishing, and hunting together make up only 6.8% of the province's GDP. Not until the 1970s did the economy begin to shift from agri-base to industrial-based activity, although agriculture continues to dominate the economy of the city and province. Saskatchewan predominates as the largest producer of biofuels. Ethanol, biodiesel, and biogas are produced from Canola, barley, and wheat.

A third innovation place research park has earned the Leadership in Energy and Environmental Design (LEED) award at the Prince Albert location named Forest Centre. The three parks contribute approximately $592 million to the provincial economy annually.

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