Photostory #382: High on Growing List of Province's New-Found Riches: Saskatchewan Oil

Ted Grant
National Film Board of Canada
Release Date
January 9, 1965
CMCP fonds
Credit Line
Canadian Museum of Contemporary Photography fonds, National Gallery of Canada Library and Archives
Main Text
Stepping squarely into the big picture of Canada's booming development, resource-rich Saskatchewan is making its impact upon the world. Renowned more than ever for massive wheat exports, the quarter-million square-mile province now balances its agricultural earnings by producing another one and a half billion dollars worth of other vital commodities - not least among them, oil. In a dozen years Saskatchewan oil has risen to an average daily production of 230,000 barrels - nearly a third of Canada's total - a growing flood of natural wealth which, combined with newfound riches in potash, base metals, chemicals and manufacturing, has set the provincial economy on a steady course to increased prosperity. As the demand for oil continues, 1965 is expected to be the third consecutive year of growth in Saskatchewan's new petroleum boom. Exploration, up 70 per cent last year, is estimated to keep up its fast pace during the coming year and the industry is likely to match the $200,000,000 spent in 1964. For the million people of Saskatchewan, the modern developments in mineral wealth mean a succession of economic record-breaking years, the fastest growth in Canada of retail sales, soaring per-capita income and a buoyant, wider outlook across the horizons of their changing prairie province.