Saskatoon, also known as the “Hub City” refers to its favourable central location in the province of Saskatchewan.
Saskatoon has a largely diversified economy with a wide range of products and services in demand from around the world. With steadily growing infrastructure, natural resources, research and development, and a well educated workforce, it is also Canada’s fastest growing city according to Statistics Canada.
The economy of the city has been associated with potash, oil and agriculture, mainly wheat. Nearly two-thirds of the world’s recoverable potash reserves are located in the Saskatoon region.
Cameco, which is the world’s largest publicly traded uranium company, and PotashCorp, the world’s largest potash producer, have their corporate headquarters in Saskatoon.
The city is also the new home of BHP Billiton’s Diamonds and Specialty Products business unit.