Saskatchewan’s attractiveness for mining investment has increased year over year, according to a recent report by the Fraser Institute.

In the 2025 Annual Survey of Mining Companies, the Institute looked at 15 policy factors, such as taxes, regulations, trade barriers, and labour availability, as well as mineral potential in 68 jurisdictions around the world.

Spokesperson Elmira Aliakbari says Saskatchewan ranked third globally, falling only behind Ontario and first place, Nevada. This is up from ranking 7th in 2024, a change mainly driven by mineral potential.

However, when looking solely at policy factors, Saskatchewan ranked 8th.

“In terms of barriers, similar to previous years, we see that investors continue to cite policy uncertainty as a major barrier to investment in Canadian jurisdictions. In particular, uncertainty around protected areas and disputed land claims remain a top concern.”

Aliakbari says this report card aims to assist both government in improving mining policy, and industry in evaluating investment decisions.