Elwin Hermanson announced Wednesday he is stepping down as leader of the Saskatchewan Party, effective Feb. 27.

The announcement comes two weeks to the day after Hermanson and the Saskatchewan Party lost a provincial election they believed they could win. The Saskatchewan Party won 28 seats while the NDP took 30 seats.

Hermanson and the Saskatchewan Party fell short in NDP strongholds such as Regina. Despite a concerted effort to win Saskatoon ridings where the party closely trailed the NDP, the Saskatchewan Party failed to make enough urban inroads to win the election.

Elwin Hermanson
Elwin Hermanson

During the provincial election, the main three planks of the party's platform were Hermanson's insistence on not catering to one geographical or ethnic sector at the expense of others, an attack on wasteful spending by the NDP government, and a plan to increase Saskatchewan's population by 100,000 within a decade.

Hermanson, a farmer turned politician, was a Reform Party candidate elected to the House of Commons in 1993 as the member for Kindersley-Lloydminster, before going on to win the leadership of the fledgling Saskatchewan Party in 1997.

In his maiden campaign in 1999, Hermanson came close to power. The Saskatchewan Party won 26 of the legislature's 58 seats, and won more of the popular vote than the New Democrats did.