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.
Document Highlights
- After falling an unprecedented 5.2 per cent in 2020, Saskatchewan’s real GDP will rebound 5.4 per cent this year, with an additional 2.4 per cent gain forecast for 2022.
- Employment in the province will pick up sharply in the second half of 2021, and the gains will continue into next year as restrictions are lifted.
- After surging last year, the province’s agricultural sector will continue to be a key contributor to Saskatchewan’s trade performance.
- Investment is poised for a solid recovery, thanks to the housing and potash sectors.
