Nowhere to Go but Up: Saskatchewan’s Three-Year Outlook

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Nowhere to Go but Up: Saskatchewan’s Three-Year Outlook

Provincial
Pages:6 pages10 min read

Author: The Conference Board of Canada

$705.00

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.

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Last year’s drought pulled Saskatchewan’s real GDP growth into negative territory, the third straight year of decline.

Better days are ahead, as significant growth in the natural resource sectors will push Saskatchewan’s real GDP growth to 7.6 per cent in 2022 and 4.1 per cent in 2023.

Several major capital projects are under way, and real non-residential business investment is set to grow by 6.8 per cent in 2022 and 4.6 per cent in 2023.

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