Saskatchewan REALTORS Association data shows a cash close in this newer, less built-out part of the northeast can often move in 2 to 3 weeks rather than the 30 to 45 days a mortgage typically needs for underwriting, appraisal and insurance paperwork through a lender. That compressed timeline is the actual product being sold.
What a cash offer does not automatically buy is a discount, and a seller who has priced correctly using recent comparable sales has little reason to accept less just because the buyer skipped a mortgage. The seller's lawyer still confirms funds and registers the transfer through Information Services Corporation either way.
So the honest answer is that cash wins the tiebreaker, not the negotiation, and a seller should evaluate every offer on price first and structure second. Get your hand-reviewed valuation from Joel Dyck.