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Saskatchewan Economic Forecast

The Conference Board of Canada’s Economic Trends Division is recognized worldwide for its expertise in economic forecasting, modelling and analysis. We have produced accurate economic forecasts for more than 25 years.

We examine the economic outlook for Saskatchewan, including gross domestic product (GDP), output by industry, housing, demographics and trade and labour market conditions.

The Provincial Outlook is updated quarterly using the Conference Board’s large econometric model of the provincial economies.

Five-year forecasts with up to 50 years of history for more than 210 indicators are available for Saskatchewan. The indicators are updated four times a year.

What Data Do We Forecast?

Key Economic Indicators: Saskatchewan
Gross Domestic Product at Market Prices,Saskatchewan Millions $
Gross Domestic Product at Market Prices,Saskatchewan Millions, Chained $ 2007
Gross Domestic Product at Basic Prices, Saskatchewan Millions, Chained $ 2007
Implicit Price Deflator: G.D.P at Market Price, Saskatchewan Index, 2007=1.00
Consumer Price Index, Saskatchewan 2002=1.0
Wages & Salaries Per Employee, Saskatchewan Thousands $
Primary household income , Saskatchewan Millions $
Household disposable income , Saskatchewan Millions $
Population of Labour Force Age , Saskatchewan Thousands
Labour Force , Saskatchewan Thousands
Employment, Saskatchewan Thousands
Unemployment Rate, Saskatchewan %
Retail Sales , Saskatchewan Millions $
Housing Starts , Saskatchewan Number of units
 
GDP at Basic Prices by Industry (Millions, Chained $ 2007)
GDP at Basic Prices by Industry, Crop and animal production , Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Forestry and Logging , Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Support activities for agriculture & forestry, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Fishing, hunting and trapping, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Mining and oil and gas extraction, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Manufacturing, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Construction, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Utilities, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Goods-Producing Industries, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Transportation & Warehousing, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Information & Culture Industries, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Wholesale & Retail Trade, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Finance and insurance, real estate and renting and leasing and management of companies and enterprises, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Commercial Services, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Non-Commercial Services, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Public administration , Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, Service-Producing Industries, Saskatchewan Millions, Chained $ 2007
GDP at Basic Prices by Industry, All Industries, Saskatchewan Millions, Chained $ 2007
 
Labour Market ('000)
Employment, Saskatchewan, Agriculture Thousands
Employment, Saskatchewan, Other Primary Industries Thousands
Employment, Saskatchewan, Utilities Thousands
Employment, Saskatchewan, Manufacturing Thousands
Employment, Saskatchewan, Construction Thousands
Employment, Saskatchewan, Wholesale and Retail Trade Thousands
Employment, Saskatchewan, Transportation and Warehousing Thousands
Employment, Saskatchewan, Finance, Insurance, Real Estate Thousands
Employment, Saskatchewan, Other Commercial Services Industries Thousands
Employment, Saskatchewan, Education & Health Industries Thousands
Employment, Saskatchewan, Public Administration Thousands
Employment, Education, Saskatchewan Thousands
Employment, Health & Social Services, Saskatchewan Thousands
Employment, Saskatchewan, Total Thousands
Unemployed, Saskatchewan Thousands
Participation Rate, Saskatchewan %
 
Demography ('000)
Total Population, Saskatchewan Thousands
Net Provincial Migration, Saskatchewan Thousands
Inter-provincial In-migration, Saskatchewan Thousands
Inter-provincial Out-migration, Saskatchewan Thousands
Net International Migration, Saskatchewan Thousands
Natural Rate of Population Increase, Saskatchewan Thousands
   
Final consumption expenditure (Millions $)  
Final consumption expenditure, Saskatchewan Millions $
Household final consumption expenditure, Saskatchewan Millions $
Household final consumption expenditure: Goods, Saskatchewan Millions $
Household final consumption expenditure: Durable Goods, Saskatchewan Millions $
Household final consumption expenditure: Semi-durable Goods, Saskatchewan Millions $
Household final consumption expenditure: Non-durable Goods, Saskatchewan Millions $
Household final consumption expenditure: Services, Saskatchewan Millions $
Household final consumption expenditure: Services: Services related to dwelling and property (including rental and imputed rent), Saskatchewan Millions $
Household final consumption expenditure: Services: Other Services, Saskatchewan Millions $
Non-profit institutions serving households' final consumption expenditure, Saskatchewan Millions $
General governments final consumption expenditure, Saskatchewan Millions $
   
Gross fixed capital formation (Millions $)  
Gross fixed capital formation, Saskatchewan Millions $
Gross fixed capital formation: Business, Saskatchewan Millions $
Gross fixed capital formation: Business - Residential Structures, Saskatchewan Millions $
Gross fixed capital formation: Business - Non-Residential Structures, Saskatchewan Millions $
Gross fixed capital formation: Business - Machinery and equipment, Saskatchewan Millions $
Gross fixed capital formation: Business - Intellectual property products, Saskatchewan Millions $
Gross fixed capital formation, Non-profit institutions serving households, Saskatchewan Millions $
Gross fixed capital formation, General governments, Saskatchewan Millions $
   
Trade (Millions $)  
Investment in inventories, Saskatchewan Millions $
Exports of Goods & Services, Saskatchewan Millions $
Exports To Other Countries, Saskatchewan Millions $
Exports of Goods to Other Countries, Saskatchewan Millions $
Exports of Services to Other Countries, Saskatchewan Millions $
Exports To Other Provinces, Saskatchewan Millions $
Exports of Goods to Other Provinces, Saskatchewan Millions $
Exports of Services to Other Provinces, Saskatchewan Millions $
Net Exports, Saskatchewan Millions $
Imports of Goods & Services, Saskatchewan Millions $
Imports To Other Countries, Saskatchewan Millions $
Imports of Goods to Other Countries, Saskatchewan Millions $
Imports of Services to Other Countries, Saskatchewan Millions $
Imports To Other Provinces, Saskatchewan Millions $
Imports of Goods to Other Provinces, Saskatchewan Millions $
Imports of Services to Other Provinces, Saskatchewan Millions $
   
Final consumption expenditure (Millions, Chained $2007)  
Final consumption expenditure, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Goods, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Durable Goods, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Semi-durable Goods, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Non-durable Goods, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Services, Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Services: Services related to dwelling and property (including rental and imputed rent), Saskatchewan Millions, Chained $ 2007
Household final consumption expenditure: Services: Other Services, Saskatchewan Millions, Chained $ 2007
Non-profit institutions serving households' final consumption expenditure, Saskatchewan Millions, Chained $ 2007
General governments final consumption expenditure, Saskatchewan Millions, Chained $ 2007
   
Gross fixed capital formation (Millions, Chained $2007)  
Gross fixed capital formation, Saskatchewan Millions, Chained $ 2007
Business gross fixed capital formation, Saskatchewan Millions, Chained $ 2007
Business gross fixed capital formation, Residential Structures, Saskatchewan Millions, Chained $ 2007
Business gross fixed capital formation, Non-Residential Structures, Saskatchewan Millions, Chained $ 2007
Business gross fixed capital formation, Machinery and equipment, Saskatchewan Millions, Chained $ 2007
Business gross fixed capital formation, Intellectual property products, Saskatchewan Millions, Chained $ 2007
Gross fixed capital formation, Non-profit institutions serving households, Saskatchewan Millions, Chained $ 2007
Gross fixed capital formation, General governments, Saskatchewan Millions, Chained $ 2007
   
Trade (Millions, Chained $ 2007)  
Investment in inventories, Saskatchewan Millions, Chained $ 2007
Exports of Goods & Services, Saskatchewan Millions, Chained $ 2007
Exports To Other Countries, Saskatchewan Millions, Chained $ 2007
Exports of Goods to Other Countries, Saskatchewan Millions, Chained $ 2007
Exports of Services to Other Countries, Saskatchewan Millions, Chained $ 2007
Exports To Other Provinces, Saskatchewan Millions, Chained $ 2007
Exports of Goods to Other Provinces, Saskatchewan Millions, Chained $ 2007
Exports of Services to Other Provinces, Saskatchewan Millions, Chained $ 2007
Net Exports, Saskatchewan Millions, Chained $ 2007
Imports of Goods & Services, Saskatchewan Millions, Chained $ 2007
Imports To Other Countries, Saskatchewan Millions, Chained $ 2007
Imports of Goods to Other Countries, Saskatchewan Millions, Chained $ 2007
Imports of Services to Other Countries, Saskatchewan Millions, Chained $ 2007
Imports To Other Provinces, Saskatchewan Millions, Chained $ 2007
Imports of Goods to Other Provinces, Saskatchewan Millions, Chained $ 2007
Imports of Services to Other Provinces, Saskatchewan Millions, Chained $ 2007
   
Average Weekly Wages & Salaries Per Employee ($, Industrial Composite)  
Average Weekly Wages & Salaries Per Employee, Saskatchewan $, Industrial Composite
   
Gross domestic product, Income-based (Millions $)  
Gross domestic product, Income-based, Compensation of employees; Saskatchewan Millions $
Gross domestic product, Income-based, Compensation of employees: Wages and salaries; Saskatchewan Millions $
Gross domestic product, Income-based, Compensation of employees: Employers' social contributions; Saskatchewan Millions $
Gross domestic product, Income-based, Gross Operating Surplus; Saskatchewan Millions $
Gross domestic product, Income-based, Gross Operating Surplus: Net Operating Surplus - Corporations; Saskatchewan Millions $
Gross domestic product, Income-based, Gross Operating Surplus: Consumption of fixed capital - Corporations & General governments; Saskatchewan Millions $
Gross domestic product, Income-based, Gross mixed income; Saskatchewan Millions $
Gross domestic product, Income-based, Gross mixed income: Net mixed income; Saskatchewan Millions $
Gross domestic product, Income-based, Gross mixed income: Consumption of fixed capital - unincorporated businesses; Saskatchewan Millions $
Gross domestic product, Income-based, Taxes less subsidies on production; Saskatchewan Millions $
Gross domestic product, Income-based, Taxes less subsidies on products and imports; Saskatchewan Millions $
   
Current accounts - Households (Millions $)  
Current accounts - Households, Compensation of employees; Saskatchewan Millions $
Current accounts - Households: Non-farm Income; Saskatchewan Millions $
Current accounts - Households: Farm Income; Saskatchewan Millions $
Current accounts - Households: Rental income of households; Saskatchewan Millions $
Current accounts - Households, Net property income; Saskatchewan Millions $
Current accounts - Households, Current transfers received by households; Saskatchewan Millions $
Current accounts - Households, Current transfers received by households from non profit institutions serving households, corporations and non-residents; Saskatchewan Millions $
Current accounts - Households, Current transfers received by households from general governments, employment insurance benefits; Saskatchewan Millions $
Current accounts - Households, Current transfers received by households from general governments, social security benefits; Saskatchewan Millions $
Current accounts - Households, Current transfers received by households from general governments, other benefits benefits; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to non profit institutions serving households; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to corporations; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to non-residents; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to general governments ; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to general governments - personal income taxes; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households to general governments - other current transfers; Saskatchewan Millions $
Current accounts - Households, Current transfers paid by households - others (to non-profit institutions serving households, corporations and non-residents); Saskatchewan Millions $
Current accounts - Households, Household net savings; Saskatchewan Millions $
Current accounts - Households, Household Savings rate; Saskatchewan %
   
Housing (Number of units)  
Housing Starts, Singles, Saskatchewan Number of units
Housing Starts, Multiples, Saskatchewan Number of units
Housing Completions, Singles, Saskatchewan Number of units
Housing Completions, Multiples, Saskatchewan Number of units
   
Real Domestic Product, Saskatchewan (Millions $ 2007)  
Real Domestic Product: Metal Ore Mining, Saskatchewan Millions $ 2007
Real Domestic Product: Non-metallic mineral mining and quarrying , Saskatchewan Millions $ 2007
Real Domestic Product: Oil and gas extraction & Coal mining , Saskatchewan Millions $ 2007
Real Domestic Product: Support activities for mining and oil and gas extraction , Saskatchewan Millions $ 2007
Real Domestic Product: Wholesale Trade, Saskatchewan Millions $ 2007
Real Domestic Product: Retail Trade, Saskatchewan Millions $ 2007
Real Domestic Product: Imputed Rent, Saskatchewan Millions $ 2007
Real Domestic Product: Other Finance and Insurance, Real Estate and Renting and Leasing and Management of Companies and Enterprises, Saskatchewan Millions $ 2007
Real Domestic Product: Professional, scientific, technical services, administrative and support, waste management and remediation services , Saskatchewan Millions $ 2007
Real Domestic Product: Professional, scientific & technical services , Saskatchewan Millions $ 2007
Real Domestic Product: Administrative and support, waste management and remediation services , Saskatchewan Millions $ 2007
Real Domestic Product: Accommodation and food services, Saskatchewan Millions $ 2007
Real Domestic Product: Arts, entertainment and recreation, Saskatchewan Millions $ 2007
Real Domestic Product: Other services (except public administration), Saskatchewan Millions $ 2007
Real Domestic Product: Educational Services , Saskatchewan Millions $ 2007
Real Domestic Product: Healthcare and social assistance , Saskatchewan Millions $ 2007
   
Implicit Price Indexes, Consumption Expenditures, Gross Fixed Capital Formation, Exports, Imports, Gross Domestic and Final Domestic Demand, Saskatchewan (2007=1.00)  
Implicit Price Deflator, Final consumption expenditure, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Goods, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Durable Goods, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Semi-durable Goods, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Non-durable Goods, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services: Rent, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Household final consumption expenditure: Services: Other Services, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Non-profit institutions serving households' final consumption expenditure, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, General governments final consumption expenditure, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Residential Structures, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Non-Residential Structures, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Machinery and equipment, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Business gross fixed capital formation, Intellectual property products, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, Non-profit institutions serving households, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Gross fixed capital formation, General governments, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports of Goods & Services, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports To Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports of Goods to Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports of Services to Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports To Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports of Goods to Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Exports of Services to Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports of Goods & Services, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports To Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports of Goods to Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports of Services to Other Countries, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports To Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports of Goods to Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Imports of Services to Other Provinces, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Final Domestic Demand, Saskatchewan Index, 2007=1.00
Implicit Price Deflator, Final consumption expenditure, Saskatchewan Index, 2007=1.00
   
Nominal Domestic Product: Business Non-Residential Investment Spending (Millions $)  
Nominal Domestic Product: Business Non-Residential Investment Spending: Non-Energy , Saskatchewan Millions $
Nominal Domestic Product: Business Non-Residential Investment Spending: Energy , Saskatchewan Millions $

Forecasts and research often involve numerous assumptions and data sources, and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.

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Provincial Forecast Model

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Economics Team

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