Saskatchewan is embarking on an ambitious trade mission to Vietnam and Singapore in February 2025, led by Trade and Export Development Minister Warren Kaeding. This strategic initiative is not just about boosting exports and investments—it places a special emphasis on immigration to address the province’s pressing labor shortages while forging lasting economic partnerships. With a focus on agriculture, natural resources, and innovation, Saskatchewan is reaching out to these dynamic Southeast Asian nations to fuel its growth and secure a prosperous future.
A Dual Mission: Trade Expansion and Talent Recruitment
While promoting Saskatchewan’s economic strengths is a cornerstone of the mission, immigration stands out as a top priority. The province is grappling with workforce gaps in key industries such as agriculture, mining, healthcare, and technology. To tackle this, the delegation aims to attract skilled workers, entrepreneurs, and students from Vietnam and Singapore, offering them opportunities to contribute to Saskatchewan’s vibrant economy and tight-knit communities.
Minister Kaeding emphasized this unique blend of objectives:
"We’re showcasing Saskatchewan as a land of opportunity—not just for trade, but for people. Vietnam and Singapore have the talent we need to keep our industries thriving, and we’re rolling out the welcome mat for them to build a future here."
Saskatchewan’s Economic Edge: Sectors Driving the Mission
Saskatchewan brings a powerhouse of resources and innovation to the table, making it an appealing partner for Vietnam and Singapore:
- Agriculture: Often called Canada’s "breadbasket," Saskatchewan exported $18.5 billion worth of agricultural goods in 2023, including canola, wheat, lentils, and peas. Its advanced agri-food sector is ripe for collaboration with Vietnam’s growing food processing industry.
- Natural Resources: The province leads globally in potash (valued at $7.4 billion in exports in 2023) and uranium, while also tapping into critical minerals like lithium, vital for green technologies.
- Technology and Education: Saskatchewan’s research hubs are eager to partner with Singapore’s tech innovators and Vietnam’s emerging talent in areas like clean energy and agricultural tech.
Immigration: The Heart of Saskatchewan’s Growth Plan
Saskatchewan’s population hit 1.2 million in 2024, with immigration driving much of this growth. In 2024 alone, the province welcomed 15,000 newcomers, many filling roles in agriculture, manufacturing, and healthcare. The Saskatchewan Immigrant Nominee Program (SINP) is a linchpin in this strategy, offering tailored pathways for:
- Skilled Workers: Targeting professionals in demand, such as nurses, engineers, and IT specialists.
- Entrepreneurs: Inviting business innovators to invest in Saskatchewan’s economy, with a special nod to farm operators.
- International Students: Encouraging graduates to launch startups or join the workforce post-study.
Additional immigration highlights include:
- Job Creation: Immigrants accounted for 30% of new jobs in high-demand sectors in 2024.
- Retention Success: An 85% retention rate for newcomers, thanks to robust support systems and abundant opportunities.
- Youth Impact: Over 40% of immigrants in 2024 were under 35, injecting vitality into the workforce.
This mission will spotlight these pathways, pitching Saskatchewan as a prime destination for Vietnamese and Singaporean talent.
Strengthening Trade Links with Vietnam and Singapore
Saskatchewan’s trade with the ASEAN region soared to $1.5 billion in 2024, with Vietnam and Singapore as standout partners:
- Vietnam: Imported $130.6 million in Saskatchewan goods in 2024, mainly pulses and grains, with potential for tech and energy exchanges.
- Singapore: A smaller but growing market at $10.3 million, with interest in critical minerals and clean tech innovations.
The province’s trade offices in both nations, alongside its participation in the Canada in Asia Conference, will amplify these connections, targeting agri-food, energy, and technology sectors.
Why Vietnam and Singapore? A Perfect Match
These countries were chosen for their economic dynamism and human capital:
- Vietnam: Boasts a youthful, skilled workforce—over 50% of its 100 million people are under 35—excelling in tech, engineering, and manufacturing.
- Singapore: A global leader in finance and logistics, with a highly educated population of 5.7 million, offering expertise in cutting-edge industries.
Together, they represent a goldmine of talent and trade potential for Saskatchewan.
Investment and Immigration: A Winning Combination
This mission ties into Saskatchewan’s Securing the Next Decade of Growth strategy, launched in 2024, which promotes the province as a top investment hub via InvestSK.ca. Highlights include:
- Incentives: Tax breaks for businesses in clean energy, minerals, and agri-value projects.
- Fast-Track Immigration: Streamlined processes for investors and their families.
- Quality of Life: Affordable living, safe communities, and a strong job market—ideal for newcomers.
For instance, a Vietnamese entrepreneur investing in a Saskatchewan farm could bring expertise, create jobs, and gain permanent residency through SINP—a win-win scenario.
Additonal Facts and Figures: Saskatchewan’s Momentum
- Economic Growth: Saskatchewan’s GDP grew by 2.8% in 2024, outpacing the national average, fueled by exports and immigration.
- Housing Advantage: Average home prices sit at $330,000 (2024), far below Canada’s urban centers, making it attractive for settlers.
- Education Pipeline: Over 5,000 international students enrolled in Saskatchewan institutions in 2024, with many eyeing permanent residency.
A Vision for Tomorrow
This trade mission is more than a diplomatic trip—it’s a bold step toward a interconnected future. By blending trade, investment, and immigration, Saskatchewan is not just selling its products but inviting Vietnam and Singapore to join its journey. As Minister Kaeding put it:
"We’re building bridges that carry goods, ideas, and people. Saskatchewan’s growth is a global story, and we want the world to write it with us."
For details on opportunities in trade, investment, or immigration, check out InvestSK.ca. Saskatchewan is open for business—and open for people.
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