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Home»Financial & Insurance Insights»Support Needed to Ease Financial Strain in Trucking Industry
Financial & Insurance Insights

Support Needed to Ease Financial Strain in Trucking Industry

Trucker Talk RadioBy Trucker Talk RadioJune 29, 2025No Comments2 Mins Read
Support needed to ease financial strain in trucking industry
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Demographic Concerns in Saskatchewan’s Trucking Industry

Over half of the semi-truck drivers in Saskatchewan are aged 45 and older.

Calls for Government Support

This statistic was disclosed by the Saskatchewan Trucking Association (STA) based on government data, sparking renewed advocacy for government assistance to help train the upcoming generation of drivers.

Financial Barriers to Training

In a mid-June statement, the STA expressed concern over rising age demographics among truckers in the province. “The average cost of obtaining a Class 1A driver’s license in Saskatchewan is approximately $14,000,” they noted, highlighting the considerable financial obstacles new drivers face.

Need for Loan Programs

Susan Ewart, Executive Director of the STA, believes the government needs to increase support for young individuals looking to enter Saskatchewan’s trucking sector. They propose a loan program aimed at alleviating the financial strain on aspiring truckers.

Impact on the Economy

“The trucking and transport industry plays a vital role in advancing Saskatchewan’s economy. Due to insufficient government action, fewer young individuals are entering the trucking field, jeopardizing the industry’s future,” Ewart added.

Lack of Financial Aid for Training

The STA highlighted that students enrolled in Class 1A driver training cannot currently access student loans. Although the province has promised a minor tax rebate for assistance, this initiative has yet to be implemented.

Training Requirements and Costs

To obtain a Class 1A license, individuals must complete SGI-designed training through a private provider, followed by passing an exam to operate large commercial vehicles. The training program typically costs between $12,000 and $15,000 and includes the 121.5-hour Mandatory Entry Level Training program, which involves both classroom instruction and practical driving experience. Additionally, the fee for the 1A test is $75.

Currently, there are just under 12,000 registered truckers in Saskatchewan.

Ease Financial Industry Needed Strain Support trucking
jonvogt80
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