University of Saskatchewan economist Eric Howe said the theory that the population boom will continue on an upward trajectory toward 500,000 or more people for Saskatoon is short-sighted. The population gains can be attributed mainly to the capital-intensive construction work happening at potash mines. When that expansion ceases, the population gains will trend downward, he said.Exactly, resources ( not as big now) construction and related housing industries are what is driving this boom. Need further proof, take a look at the market share of employment in resources and construction.
"It's only human nature to say there are people coming here and the world has finally caught on," Howe said. "That's not what's going on. It's just a resource boom. Enjoy the boom while it happens, but don't think it's going to last forever."
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