Business Growth
“Business Growth” as measured by the increase in the number of business licenses issued by the City of Saskatoon is an indicator of the City’s Economic Diversity and Prosperity goal. The City of Saskatoon Business License Bylaw requires all businesses to obtain a license prior to operating.
How are we doing?
In 2018, the City of Saskatoon issued 1,349 new business licenses (566 commercial, and 783 home-based businesses). The average annual growth rate of business licenses has been 2.3% since 2014.
Data Table
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
| Percentage Growth (%) | 5.7 | 3.6 | 3.3 | 3.1 | 1.9 | 2.0 | 1.1 | 4.5 | 2.3 |
Data Table
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Home Based | 3213 | 3582 | 3829 | 4013 | 4222 | 4341 | 4483 | 4540 | 4872 | 5013 |
| Commercial | 5582 | 5717 | 5803 | 5934 | 6031 | 6103 | 6176 | 6235 | 6417 | 6761 |