July 5, 2013

Good News For Landlords Because Tenants With Jobs Are Tenants Who Pay The Rent On Time

According to a report in the Saskatoon Homepage the jobs picture in our province is looking good.

Saskatchewan had the strongest employment growth and lowest unemployment rate in Canada in June. That from the government after the latest numbers were released from Statistics Canada.

This is another reason why we wrote Investors across Canada and Around the World are Looking at Rental Property in Saskatchewan earlier this year.

The provincial news release indicates 568,200 people were working in Saskatchewan in June which breaks the record set one month earlier.

There were 19,300 more people working on a year over year basis.

That’s a 3.5 per cent increase – the biggest increase in working residents among the provinces.

The government says over 90 per cent of the new jobs created in the past year were full-time.

There were 12,000 more women working in Saskatchewan than a year ago which accounts for over 60 per cent of the employment growth.

The biggest employment gains in the past year were in the areas of agriculture, trade, professional, scientific and technical, and construction.

Jobs means tenants with money. It’s great news for landlords because it means rent can be paid on time. While some provinces are going backwards more and more hard-working people coming to Saskatchewan to find jobs and build a future.

To discuss this and other landlord and tenant issues go to the free Saskatchewan Landlord Forum