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Economic Impact

  • The uranium mining industry spent more than $188 million on salaries, wages and benefits for its direct employees. Of this, over $58 million was paid to residents of Saskatchewan’s north.
  • The industry’s contractors paid out an additional $116.5 million to their employees.
  • Income tax remitted on behalf of direct employees was approximately $105 million. Canada Pension Plan contributions were an additional $8.1 million and Canada Employment Insurance payments were another $3.2 million.
  • The value of goods and services purchased by the industry was $769 million. Approximately 67% ($517 million) of this amount went to businesses based in Saskatchewan and 40% ($314 million) went to businesses based in northern Saskatchewan.
  • Capital expenditures totalled over $295 million, while exploration expenditures were $47.3 million. Reclamation expenditures were $4.8 million. Total expenditures, excluding salaries, were $347 million.
  • Taxes and royalties of $98.6 million were paid to the province of Saskatchewan; $107 million to the federal government; and $4 million to local governments. Total taxes and royalties paid were over $209.8 million.
  • Approximately $4.2 million was spent on licensing fees and $2.4 million was paid in surface lease fees.
  • $2.7 million was donated to community and charitable organizations and another $270,000 was given as scholarships and other forms of support to contribute to the education of Saskatchewan’s youth.

Note: Uranium in Saskatchewan information is current as of December 31, 2007.
The information is updated on an annual basis.