Plenty of Momentum in Canada’s Breadbasket: Saskatchewan’s Two-Year Outlook

The Conference Board of Canada, 14 pages, August 27, 2021
Issue briefing
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This quarterly economic forecast for the province of Saskatchewan examines the economic outlook for the province, including gross domestic product, output by industry, and labour market conditions.

Document Highlights

  • After falling 6.1 per cent in 2020, Saskatchewan’s real GDP will rebound by 6.8 per cent this year, with an additional 4.6 per cent gain forecast for 2022.
  • Employment in the province is still coming back from the difficulties it faced in 2020, but a full recovery is in store by the end of this year.
  • Investment is poised to turn the corner, thanks to a bright outlook for the potash and housing sectors.
  • Crop exports will be held back by this summer’s hot, dry weather, but energy exports will pick up the slack.

Table of Contents

Key findings
Saskatchewan snapshot
Consumer outlook

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