The Liberal Party was returned to power under its new leader, William John Patterson, but it lost twelve of the seats it had held in the previous legislature.

The Co-operative Commonwealth Federation, a democratic socialist party led by George Hara Williams, became the official opposition winning over 18% of the vote and ten seats in its first election.

The Social Credit Party of Saskatchewan, which promoted the social credit theories of monetary reform, rode a wave of popularity from the 1935 electoral success of its Alberta counterpart and collected almost 16% of the votes, but won only two seats.

Six "Unity" candidates also ran in an attempt to create a popular front of the Communists, CCF supporters and various populists.

[1] The Conservative Party – under its new leader, John Diefenbaker – continued its decline as their share of the popular vote fell from 25% to under 12%.