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.
Document Highlights
Saskatchewan is projected to have the highest fertility rate and the secondhighest population growth of all the provinces.
Real GDP growth will be limited because of modest business investment compared with previous decades.
The unemployment rate will gradually fall, going from 6.3 per cent in 2018 to 5.6 per cent in 2040, accompanied by modest gains in real wage growth.
Freer trade with Asian economies will benefit Saskatchewan’s agriculture producers.
The oil and gas and potash industries will remain key sources of economic growth for Saskatchewan in the coming years.
There are no reviews yet.