Saskatchewan-U.S. Trade
Saskatchewan’s economy is built on trade; in fact, one in three jobs in the province is tied directly to exports.
The U.S. is Saskatchewan’s largest trade partner. About $40 billion worth of imports and exports cross the border every year. The current tariff-free border allows goods to travel back and forth between the two countries, creating jobs and adding value to both economies.
Saskatchewan plays a critical role in North American food and energy security. The province is one of the only places on Earth that sustainably produces crude oil, natural gas, uranium, potash and other essential critical minerals.
Crude oil is Saskatchewan’s top export to the U.S. Nearly 21 million cubic metres of oil makes its way to the U.S. every year.
Rich in minerals, the province has 39 of 50 critical minerals identified by the United States Geological Survey. With the highest-grade uranium deposits on Earth, Saskatchewan is already powering one in 17 American homes.
The province has the world’s largest deposits of potash, a critical mineral that is vital to increasing crop yields across the U.S., lowering food costs and ensuring North American food security for centuries.
Understanding Possible Tariffs
Tariffs will increase inflation, along with the costs of fuel and groceries for Americans and Canadians. They will also lead to job losses and drive down investment across North America.
With so many shared interests, now is the time to build on the strength of our partnership for a stronger, more secure North America.
Saskatchewan is working diligently alongside federal, provincial and U.S. counterparts to find common ground. Saskatchewan supports strong measures to secure the Canada-U.S. border to benefit everyone.
The province is already taking action through a new Border Security Plan to ensure there are more officers and law enforcement present at the Saskatchewan-U.S. border. Saskatchewan also supports additional security measures being proposed by the Government of Canada.
Saskatchewan officials are engaging with counterparts in the U.S. to emphasize the shared benefits of trade and to find common ground in areas of concern.
Both international and internal trade are critical to Saskatchewan’s economy, worth about 70 per cent of our Gross Domestic Product. Saskatchewan continues to advocate for measures to improve interprovincial trade and continues to focus on diversifying markets. Saskatchewan currently exports to every province and territory in Canada and to more than 160 countries.
The province’s network of nine international trade offices gives producers access to new unexplored markets around the world, making Saskatchewan more resilient to market access risks such as tariffs and regulatory trade barriers.
Saskatchewan is the stable and reliable partner the U.S. needs. Provincial exports lower the cost of living for millions of Americans and result in thousands of jobs on both sides of the border.
These are the benefits of a strong, integrated economy.