Provincial Outlook Economic Forecast: Saskatchewan—Autumn 2018

The Conference Board of Canada, 63 pages, December 20, 2018
Report
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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.

Document Highlights

  • Real GDP growth will be weak in 2018, largely because of the major downturn in the uranium sector.
  • Economic conditions are forecast to improve, but declining business investment will hold down average real GDP growth to 1.6 per cent per year from 2019 to 2021.
  • Insufficient transportation capacity will limit the growth of the oil and gas sector and, therefore, of government coffers.
  • The potash industry is well-positioned to meet future demand with several large mines in various stages of development.

Table of Contents

RÉSUMÉ

EXECUTIVE SUMMARY

Saskatchewan

  • Economy at the Mercy of Supply-Side Factors
  • Consumer Outlook
  • Investment Outlook
  • Fiscal Outlook
  • Trade Outlook
  • Key Industries

Appendix A–Forecast Tables

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