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.
Provincial Outlook Economic Forecast: Saskatchewan—Autumn 2017
Provincial Outlook Economic Forecast: Saskatchewan—Autumn 2017
Provincial Economic Analysis
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- Saskatchewan’s economy will grow at only a modest pace in 2018.
- Employment has not picked up in line with the rest of the economy, but will begin to in 2019.
- Investments in thermal heavy oil plants and a new power station will boost construction.
- Potash production volume will be huge in 2018 as the first full year of production at the Rocanville and Bethune mines takes place.
- Uranium production will decline severely, as Cameco Corporation has suspended operations at two of its facilities.
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