Independent Study Confirms Mosaic Delivers Nearly $2B a Year to Saskatchewan’s Economy
April 13, 2026
FOR IMMEDIATE RELEASE
INDEPENDENT STUDY CONFIRMS MOSAIC DELIVERS NEARLY $2B A YEAR TO SASKATCHEWAN’S ECONOMY
A new independent economic impact study by Economic Development Regina (EDR) confirms that The Mosaic Company is one of Saskatchewan’s most significant economic contributors – generating nearly $2B in economic activity every year, supporting thousands of jobs, and delivering substantial public revenues, and community investment across the province.
Covering the period from 2020 to 2024, the analysis shows Mosaic’s Saskatchewan operations generate an average of $1.9B annually in total economic output, add $880M to provincial GDP, and support approximately 8,400 jobs each year – or one out of every 50 jobs in Saskatchewan.
“This study puts numbers to what Regina and Saskatchewan communities already know: potash wealth doesn’t stay in the ground – it moves through pay cheques, tax bases, and community organizations,” said John Bailey, CEO for EDR. “Mosaic’s long-term presence here isn’t just an economic footnote, it’s a foundation.”
Value That Touches Every Saskatchewan Resident
According to the study, Mosaic’s annual contribution is equivalent to generating more than $1,540 per Saskatchewan resident every year, while annual investment averages more than $1,100 per person in the province. Put another way, the annual economic impact created could build three Mosaic Stadiums and three Children’s Hospitals in Saskatchewan every year (based on past costs to build each facility).
Operational spending alone generated $1.3B in gross output in 2024, supported 5,523 jobs, and produced more than $536M in labour income, underscoring Mosaic’s role as a major provider of high-quality employment and household income that circulates through local economies.
Over the five-year study period, Mosaic invested $6.9B directly into Saskatchewan, created $9.7B in total economic activity, and contributed $4.4B to provincial GDP.
Strong Public Revenues and Community Benefits
The analysis also highlights Mosaic’s importance to public finances at every level of government. On average each year, Mosaic’s operations generate approximately:
- $760M in provincial revenues, supporting public services and infrastructure
- $260M in federal revenues
- $131 in municipal revenues for communities including Regina, Esterhazy, Belle Plaine, and Colonsay
Beyond government revenues, Mosaic invested $27M in community initiatives between 2020 and 2024, supporting more than 250+ community organizations, alongside employee donations and volunteerism totaling another $1M.
A Cornerstone of Saskatchewan’s Economy and Regina’s Downtown
Because of its scale, Mosaic’s investment and operational decisions have a meaningful influence on Saskatchewan’s broader economic stability, particularly in rural and resource-based communities. Capital spending alone supported nearly $490M in output and more than 2,000 contractor jobs in 2024, with municipal revenues especially tied to these investments.
Mosaic’s impact on Regina is notable. “A head office isn’t just an address. It’s where decisions get made, leaders are embedded in the community, and where long-term investment stays local,” said Bailey. “Mosaic keeping that presence in downtown Regina matters – for employment, for civic leadership, and for ensuring the value generated in this province doesn’t just pass through it.”
Mosaic is the only Regina-based potash company in the province and one of only seven private sector head offices.
“Having a major Regina presence means we’re here, we’re listening, and we’re part of the community,” said Marnel Jones, Director of Government & Public Affairs for The Mosaic Company. “It keeps us close to Saskatchewan workers, suppliers, Indigenous partners, and governments – and it helps make sure the benefits from potash stay in Saskatchewan.”
Looking Beyond Just One Measure
The report emphasizes that focusing on a single measure – such as taxes and royalties alone – misses the broader reality of how resource development benefits Saskatchewan. Mosaic’s economic footprint includes direct employment, supply chain activity, household income, government revenue, and community investment – creating a diversified and resilient contribution to the provincial economy.
“This report puts hard numbers to an industry that underpins Saskatchewan’s economic firepower,” said Jones. “Potash supports good jobs, local businesses, and strong communities. This province gets real value from its potash resources, and we’re proud of the work our employees have done over the past 60 years – and the work still ahead.”
With an annual economic impact larger than the GDP of several small nations, Mosaic remains one of Saskatchewan’s most important private-sector anchors and a key contributor to the province.
View the Mosaic Economic Executive Summary and Infographic here.
FOR MORE INFORMATION:
Mattea Lucyk
Manager, Communications
Economic Development Regina Inc.
mlucyk@economicdevelopmentregina.com
306-565-6392
306-565-6392
Jill Stroeder
Manager, Communications
The Mosaic Company
About Economic Development Regina Inc.
ECONOMIC DEVELOPMENT REGINA INC. (EDR) is the lead agency for economic development for the Greater Regina Area (GRA).
EDR provides leadership to the community with specific accountability for the following core functions:
- Support industry growth and diversification through retention, development, and attraction of industry.
- Find innovative ways to promote sustainable growth while effectively addressing the challenges associated with it.
- Market and promote the Greater Regina Area for business and investment.
- Ensure the Greater Regina Area offers a vibrant and diversified economy for investors, a climate of growth for business and works toward a high quality of life for residents.
About The Mosaic Company
The Mosaic Company is one of the world’s leading producers and marketers of concentrated phosphate and potash crop nutrients. Through its Mosaic Biosciences platform, the company is also advancing the next generation of biological solutions to help farmers improve nutrient use efficiency and crop performance sustainably. Mosaic provides a single-source supply of phosphate, potash, and biological products for the global agriculture industry. More information on the company is available at www.mosaicco.com.
