SK Economic Fundamentals 2008-11

[joeiannuzzi]

1108SASK
Employment levels up in September

Wages and employment levels jumped in Saskatchewan in September, as the province continued to be among the nation`s leaders in economic growth.

Data released by Statistics Canada Friday indicated the average weekly earnings of employees in Saskatchewan increased by 4.1 per cent in September compared to September of last year. That was above the national average increase of 3.3 per cent, with only Alberta (5.9 per cent) and New Brunswick (4.3 per cent) posting higher increases in average wages than Saskatchewan.

http://www.canada.com/reginaleaderpost/new...0b-d4f39bde559c

 

[joeiannuzzi]

1108SASK
Oil shortage remains a reality

Big Canadian oil companies are flush with cash thanks to the recent past year of record oil prices.

Suncor Energy, Canadian Natural Resources, EnCana Corp., Talisman Energy and Nexen Inc. are debt-free and have generated more than $50 billion US of free cash flow over the past year.

http://www.canada.com/reginaleaderpost/new...b7-cb26313ec393

 

[joeiannuzzi]

1108SKTN
New-look wards swap neighbourhoods

Saskatoon`s jigsaw-puzzle political map gets a new look next fall, with eight neighbourhoods moving into different city wards.

The boundaries of only three of 10 wards -- 3, 4 and 7 -- stay the same. All others see a neighbourhood or two added or subtracted.

The changes are triggered by a growing population disparity among wards.

http://www.canada.com/saskatoonstarphoenix...9d-f6d547f84192

 

[joeiannuzzi]

1108SASK
Red Rock spends $1M on property claims

Red Rock Energy Inc. has agreed to spend nearly $1 million to purchase uranium exploration property claims near its own holdings in the Uranium City region.

The Calgary-based company, whose president, Sandy Loutitt, is from Uranium City, announced Friday it will purchase all of Uranium City Resource Inc.`s (UCR) exploration property claims located in northern Saskatchewan.

http://www.canada.com/saskatoonstarphoenix...62-4c16f2adecf1

 

[joeiannuzzi]

1108SASK
Companies plan drill program in Athabasca Basin

Titan Uranium Inc. and its project partner, Japan Oil, Gas and Metals National Corp. (JOGMEC), have moved two drill rigs and a field crew to the Border Block project in the southwest area of the Athabasca Basin.

The Saskatoon company announced early this week a minimum of 1,700 metres of drilling -- at least five holes -- is planned to take place between late November and mid-December. Bryson Drilling of Archerwill is the drilling contractor for the project.

http://www.canada.com/saskatoonstarphoenix...7d-c2b74bffedc2

 

[joeiannuzzi]

SK Small Town Updates: 2008-11-30