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: Saskatchewan—2017
Provincial Outlook Long-Term Economic Forecast: Saskatchewan—2017
Provincial Economic Analysis
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- Real GDP growth in Saskatchewan will underperform the national average.
- Saskatchewan will be among the last of the provinces to feel the effects of an aging population.
- Slower growth in real household income means that new spending will be reserved mostly for necessary goods and services.
- The days of booming investment are over, and Saskatchewan will face slower growth as a result.
- Saskatchewan’s reserves of crude oil are dwindling, which will subtract from GDP growth over the forecast.
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