Tuesday’s Speech from the Throne laid out a bold vision for Canada’s economic future. The federal government’s focus on economic transformation, competitiveness, and trade-enabling infrastructure signals a commitment to long-term growth, and Saskatchewan has a critical role to play in that journey.

At the Saskatchewan Chamber of Commerce, we’re encouraged to see national priorities that align with the strengths of our province. From abundant natural resources to a growing innovation ecosystem and expanding trade capacity, Saskatchewan is well-positioned to contribute meaningfully to Canada’s economic leadership on the world stage.

As noted by Chamber CEO Prabha Ramaswamy, “The federal government’s commitment to building the strongest economy in the G7 is ambitious—and achieving it will require economic unity and collaboration across all levels of government and industry. With our abundant natural resources, innovative industries, and growing trade capacity, Saskatchewan is uniquely positioned to help lead this effort.”

The Chamber looks forward to seeing these commitments move from vision to implementation and will continue advocating for the infrastructure, regulatory clarity, and workforce development needed to make that happen here in Saskatchewan. Below, we’ve outlined key takeaways from the Speech in the areas that matter most to Saskatchewan’s business community.

Key Takeaways from the 2025 Speech from the Throne

Building New Relationships

The federal government has committed to redefining its relationship with the United States—anchored in mutual respect and shared economic interests—while also pursuing new relationships with reliable trading partners around the world. Canada has what the world needs, and Saskatchewan is well-positioned to be at the forefront of this global engagement.

Economic Transformation and Trade

The federal government announced its goal to create “one Canadian economy out of thirteen” by eliminating remaining federal barriers to internal trade and labour mobility by Canada Day. The Chamber welcomes this move, which has long been a priority for Saskatchewan businesses seeking access to larger markets and a more efficient regulatory landscape.

Accelerated Project Approvals

The establishment of a new Major Federal Project Office aims to reduce approval timelines from five years to two, enabling faster development of nation-building projects. The Chamber supports this approach, particularly as it applies to major resource, energy, and infrastructure projects vital to Saskatchewan’s economy.

Fiscal Responsibility and Investment

With plans to reduce government operational spending growth from 9% to below 2% and balance the operating budget in three years, the government signaled a new era of fiscal discipline while maintaining key transfers. At the same time, it pledged to catalyze private investment, a move the Chamber supports to fuel economic expansion without undue public burden.

Energy Leadership and Innovation

The Speech reaffirmed Canada’s ambition to become the world’s leading energy superpower in both clean and conventional energy. With Saskatchewan’s vast energy, uranium, and critical mineral resources, the province stands to play a leading role in this strategy.