Provincial Outlook Economic Forecast: Saskatchewan—Spring 2019
The Conference Board of Canada, 63 pages,
June 7, 2019
This quarterly economic forecast for the province of Saskatchewan examines the economic outlook for the province, including gross domestic product (GDP), output by industry and labour market conditions.
- Real GDP will increase at an annual pace of just 1.3 per cent over the near term.
- The main factors behind the tepid outlook for growth are the modest anticipated gains in exports and investment spending.
- The outlook for the agriculture sector is being dimmed by the dispute with China over canola exports.
- The province plans to run fiscal surpluses over the near and medium terms.