Provincial Outlook Economic Forecast: Saskatchewan—Autumn 2019

The Conference Board of Canada, 21 pages, January 10, 2020
Report
(You must be signed in and entitled to rate this report)
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 at market prices will decline by 0.3 per cent in 2019 due to weakness in investment and exports. Growth will return in 2020 with a gain of around 1.0 per cent.
  • Tight labour markets and rising wages will lead to modest gains in household spending over the near term.
  • The unemployment rate is expected to remain below 5.5 per cent through 2024.
  • The provincial government expects to run small budget surpluses over the next few years. But this will be challenging, as growth in government revenue will be constrained by the economic weakness.

Access document

(you will be asked to sign-in)

To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material.