Tuesday, 5 November 2013

The Fruits of Potash in Saskatchewan

Saskatchewan and potash production are synonymous with each other.  For 60 years Saskatchewan has continued to successfully mine the commodity. Its ten operational mines now lead production  in supplying potash to the entire country and around the world. The province supplies more than thirty percent of global potash and even at this rate of production, the province still has enough product reserve to last for hundreds of years.

This has translated to economic benefits for Saskatchewan. Last year, potash sales from Canada reached almost $7 billion. Of this, an estimated $6.2 billion came from Saskatchewan. The entire potash industry has not only contributed to the gross domestic product of the provincial economy, it has also provided employment to thousands of residents.

The potash industry also gives support to the communities where their mines operate. They have funneled millions of dollars to further education. For example, they have developed educational resources and have conducted workshops to enhance potash industry knowledge for students. These initiatives not only provide information about the career opportunities in the sector but they also allow future generations to understand how vital the market is to their well-being.
The potash industry in Saskatchewan will remain a backbone of the economy in the province. The challenge now lies in ensuring that the potash industry will continue to be responsible, sustainable and community-centered in their operations.

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