Saskatoon was expected to see a 4.2 percent growth in gross domestic product for the year 2012. The city saw a 3.4% growth in 2004, 5.1% increase in 2005 and a 2.8% increase in 2006. Saskatoon held Canada's No. 1 economic growth spot for Canada in 2005 according to the Conference Board of Canada. The Conference Board again predicted the city would rate first for economic increase in 2012, showing a growth rate of 4.2%. The Saskatoon Regional Economic Development Authority (SREDA) has also been ranked amongst Canada's top ten economic development organizations by Site Selection magazine.
sAskATOon was expecTed to See A 4.2 percENt gRowth iN grOss DOMEstiC pROduct for THe year 2012. the CitY SAW A 3.4% growTh in 2004, 5.1% iNcREasE in 2005 AnD a 2.8% iNcrEase In 2006. SAskAToOn heLd Canada's nO. 1 ecOnomIc growth spot for CAnAda iN 2005 aCcOrdINg To the conference board OF canada. The conFeREnce board again PrEDiCTeD thE city WouLd raTe fiRst for economic iNCREase in 2012, sHOwIng A gROWTh rAtE OF 4.2%. the saskatoOn rEGional ecOnOmic devElopment authoRity (sRedA) Has Also BEen RaNKeD AmOngst canaDa's toP teN ecOnomic DevelOpmeNT orgaNiZatiOns bY site seleCTioN maGazinE.