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Archive for the 'Economy' Category

Apple iPhone Security Breach Found

( Economy andnews )

News reports are trickling through tech blogs, but it appears iOS 7 has a big security weakness. German experts were able to crack the finger print iPhone security feature simply with the aid of a cell phone camera. Now on the one hand, doubt national security rests on iPhone (Obama has a BlackBerry) and owners […]

Saskatchewan Deficit at $304 Million

( Economy andnews )

The Provincial Auditor’s Office has announced that Saskatchewan is facing a $304 Million deficit – its third straight, not the small $25 Million surplus the Sask Party has announced.  This is looking at Saskatchewan’s “summary financial statement”, the same way all the other provinces, and the feds, do their accounting.  So other provinces could be in “surplus” […]

Saskatoon Housing More Expensive Than Edmonton

( Economy andhousing andnews )

The “average home price” in Saskatoon exceeded $330,000 in October 2011.  This is above the average home price in Edmonton and nearly $50,000 more than the average home price in Regina, both with higher average weekly wages than Saskatoon.  Winnipeg housing is far cheaper, around $90,000 cheaper, though wages there are less on average than […]

Saskatchewan experiences (modest) exodus

( Economy andhousing andnews )

For the first quarter of 2011, Saskatchewan “lost” a net 593 residents to other provinces (immigrants – emigrants).  This does reverse a long  “positive” trend of inter provincial immigration over the previous 17 quarters, albeit a minor one, with 209 residents “gained” in the last quarter of 2010.  Saskatchewan still “grew” 0.2% in the quarter, […]

Saskatchewan Budget Kind of Mediocre

( Economy andnews andSchool )

Yes, the budget is not bad.  It has a very small $50 million surplus.  It decreases taxes a bit for lower income earners.  Yet, it does nothing to address issues with housing, with a paltry $1.7 million allocated, it does nothing to address the shortage of doctors in Saskatchewan, with resident doctors still not being […]

Saskatchewan gets D in retention

( Economy andnews andSchool )

For 2011, Saskatchewan is again losing almost half of its newly graduated medical doctors The government of Saskatchewan is touting the 2011 CaRMS match as a record, but their claims are misleading.  Of 72 graduates from Saskatchewan, 42 matched to Saskatchewan to start residency next year.  By our calculations, that’s 58% retention of local medical graduates.  […]

Sask Loses Over Half its New Doctors

( Economy andMisc andnews )

In 2010, Saskatchewan lost over half of its local medical graduates, 33 of 59 left the province, the worst retention rate in Canada! Saskatchewan loses more of its local medical graduates than any other province, leading to over 1/3 of its residency spots being left vacant.  This may be in part to Saskatchewan paying its […]

Saskatchewan economy below average

( Economy andhousing )

Saskatchewan’s economy shrunk 3.9% in 2009 – substantially worse than a 2.5% contraction nationally. Manitoba on the other hand broke even.  In fact, Alberta and Newfoundland were the only 2 provinces to perform worse than Saskatchewan. http://www.statcan.gc.ca/daily-quotidien/101104/dq101104a-eng.htm Not that bad… but weren’t all the local media types, and politicians, claiming Saskatchewan would continue to “lead” Canada […]

Saskatoon remains “Seriously Unaffordable”

( Economy andhousing andnews )

Saskatoon remains “seriously unaffordable” according to ” the 6th Annual Demographia International Housing Affordability Survey” 2010.  Affordability is based on a multiplier, that is the years of the median income used to pay for the median priced house. “historically…. median house prices being generally 3.0 or less times median household incomes”.  Saskatoon currently stands at […]

Regina Dome a Reality? Possibility?

( Economy andnews andParties )

A government sponsored concept study is suggesting Regina build a domed stadium, and that in the long run, a facility useable for 12 months of the year is actually the financially feasible option.  Will Regina build the dome?  Will Pat Fiasco put a practice bubble over Taylor Field’s turf in the winter, which would preclude concerts […]