Provincial Outlook Economic Forecast: Saskatchewan—Spring 2018

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Provincial Outlook Economic Forecast: Saskatchewan—Spring 2018

Provincial Economic Analysis
Pages:76 pages127 min read

Author: The Conference Board of Canada

$675.00

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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Document Highlights

Real GDP growth will improve over the medium term but will be held back this year by declines in uranium production and a tight government budget.

Real gains in wages and incomes are forecast from 2019 onward, as employment picks up.

The oil and potash sectors will grow steadily over the medium term because of solid demand and investments in capacity.

The provincial government aims to balance its books next year, projecting a $365-million deficit for 2018–19.

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