The Economy of Saskatoon is quite diverse. The city hosts the head-offices for several companies. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy. [1] The world's largest publicly traded uranium company, Cameco, and the world's largest potash producer, Nutrien, have corporate headquarters in Saskatoon. Nearly two-thirds of the world's recoverable potash reserves are located in the Saskatoon region. [2]
Saskatoon is the largest city in the Canadian province of Saskatchewan. It straddles a bend in the South Saskatchewan River in the central region of the province. It is located along the Trans-Canada Yellowhead Highway, and has served as the cultural and economic hub of central Saskatchewan since its founding in 1882 as a Temperance colony.
Allan Emrys Blakeney was a Canadian politician who served as the tenth premier of Saskatchewan from 1971 to 1982. Originally from Bridgewater, Nova Scotia, Blakeney moved to Regina, Saskatchewan, and worked in the province's civil service before running for office with the Co-operative Commonwealth Federation (CCF) under Tommy Douglas. Blakeney became leader of the Saskatchewan New Democratic Party (NDP) in 1970. Altogether, he was a member of the Legislative Assembly of Saskatchewan from 1960 to 1988.
Bradley John Wall is a former Canadian politician who served as the 14th premier of Saskatchewan from November 21, 2007, until February 2, 2018. He is the fourth longest-tenured premier in the province's history.
Agrium Inc. was a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.
Cameco Corporation is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
The Potash Corporation of Saskatchewan, also known as PotashCorp, was a company based in Saskatoon, Saskatchewan. The company merged with Calgary-based Agrium to form Nutrien, in a transaction that closed on January 1, 2018.
Gerald W. (Jerry) Grandey is a Canadian executive who was previously the President and Chief Executive Officer of Cameco Corporation, one of the world's largest uranium producers. He joined Cameco in 1993 as Senior Vice President, and was appointed President in 2000 and CEO in 2003. In 2010, The Harvard Business Review recognized him as being one of the top 100 CEOs in the world because of the value created for shareholders during his tenure. Grandey retired from Cameco in 2011.
The McArthur River Uranium Mine, in northern Saskatchewan, Canada, is the world's largest high-grade uranium deposit.
The Key Lake mine is a former uranium mine in Saskatchewan, Canada. It is 570 kilometres (350 mi) north of Saskatoon by air on the southern rim of the uranium-rich Athabasca Basin. Key Lake was initially developed to open-pit mine two nearby uranium ore deposits: the Gaertner deposit and the Deilmann deposit. Mining of this ore ceased in the late 1990s; the Key Lake mill now processes uranium ore from the McArthur River mine and from existing stockpiles on site. High-grade ore from McArthur river is blended with lower grade local rock before being passed through the mill. The mill has a permitted annual production capacity of 25 million pounds of U3O8. In addition, ammonium sulfate fertilizer is produced as a byproduct from used reagents. The pits of the mined out local deposits are being used as mill tailings management facilities.
Rabbit Lake is the second largest uranium milling facility in the western world, and is the longest-operating uranium production facility in Saskatchewan. The facility is located approximately 800 km north of Saskatoon, Saskatchewan, on the northeast edge of the uranium rich Athabasca Basin. The closest community is Wollaston Lake, about 40 kilometers by lake or air. Rabbit Lake was the first Canadian mine to offer a seven-days-in/seven-days-out commuter system of staffing. Access is provided by Highway 905. Production at Rabbit Lake was suspended in April 2016.
The Mendel Art Gallery was a major creative cultural centre in City Park, Saskatoon, Saskatchewan. Operating from 1964 to 2015, it housed a permanent collection of more than 7,500 works of art. The gallery was managed by the city-owned Saskatoon Gallery and Conservatory Corporation, which also managed the Mendel's sister institution, the Saskatoon Civic Conservatory. In 1999, it was the 16th largest public art gallery in Canada by budget size and had the sixth highest overall attendance in the country. By 2010, it had more than 180,000 visitors.
The Cigar Lake Mine is a large high-grade underground uranium mine, located in the uranium-rich Athabasca Basin of northern Saskatchewan, Canada, at the south-west corner of Waterbury Lake. The deposit, discovered in 1981, is second in size of high-grade deposits only to the nearby McArthur River mine. Other deposits, such as Olympic Dam in Australia, contain more uranium but at lower grades.
Crow Butte is a uranium mining operation located four miles (6 km) southeast of the city of Crawford in Dawes County, Nebraska, United States. Cameco Corporation owns and operates Crow Butte through its wholly owned subsidiary, Crow Butte Resources, Inc.
The economy of Saskatchewan has been associated with agriculture resulting in the moniker "Bread Basket of Canada" and Bread Basket of the World. According to the Government of Saskatchewan, approximately 95% of all items produced in Saskatchewan, depend on the basic resources available within the province. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy.
The economy of Saskatoon has been associated with potash, oil and agriculture resulting in the moniker POW. Saskatoon's other nickname, the "Hub City," refers its ideal central location for distribution and logistics. Various grains, livestock, oil and gas, potash, uranium, wood and their spin off industries fuel the economy. The world's largest publicly traded uranium company, Cameco, and the world's largest potash producer, Nutrien, have corporate headquarters in Saskatoon. Nearly two-thirds of the world's recoverable potash reserves are located in the Saskatoon region.
Canpotex, short for Canadian Potash Exporters, is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972. Based in Saskatchewan, Canpotex manages the entire Saskatchewan potash exporting industry, including transportation and delivery.
Hathor Exploration Limited is a uranium exploration company based in Vancouver, British Columbia, Canada. Its exploration office is located in Saskatoon, Saskatchewan, Canada. Hathor's exploration projects concentrate on properties within the Athabasca Basin of Northern Saskatchewan, Canada.
Patience Lake is a lake in the central part of the Canadian province of Saskatchewan. The lake is east of Saskatoon in the Rural Municipality of Blucher No. 343. The lake serves as a groundwater discharge region for higher elevations to the east and west.
Nutrien is a Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash, third largest producer of nitrogen fertilizer in the world and generally the 2nd largest in fertilizers worldwide. It has over 2,000 retail locations across North America, South America, and Australia with more than 23,500 employees. It is listed on the Toronto Stock Exchange and New York Stock Exchange, with a market capitalization of $34 billion as of January 2018. It was formed through the merger of PotashCorp and Agrium, in a transaction that closed on January 1, 2018.
Mining has been conducted on an industrial scale in present-day Canada since the late 18th century. The industry remains an important aspect of the economy of Canada to this day, particularly in the North, and Canadian-domiciled mining companies have increasingly expanded their operations globally.