This annual 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.
Provincial Outlook Long-Term Economic Forecast for Saskatchewan 2014
Provincial Outlook Long-Term Economic Forecast for Saskatchewan 2014
Provincial Economic Analysis
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- Robust global demand for Saskatchewan’s resources will keep the province’s economy humming.
- As the population ages, Saskatchewan will feel increased labour pressures.
- Saskatchewan’s economy will advance at the same pace as potential over the forecast period.
- Consumer spending patterns will change slightly. As the baby boomers approach and reach retirement age, their consumption will slowly shift away from durable goods and toward services.
- Steady gains in private investment over the long term will be supported by strong demand for uranium and potash.
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