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—2018
Provincial Outlook Long-Term Economic Forecast: Saskatchewan—2018
Provincial Economic Analysis
$675.00
- Real GDP growth over the next two decades will be weaker than in previous decades.
- Saskatchewan’s population will age more slowly relative to that of the other provinces.
- Modest real wage growth implies flat household consumption over the whole forecast, with the spending to be centred on housing services.
- Throughout the forecast period, investment growth will be substantially lower than it has been over the past decade.
- The oil and gas and potash industries will remain key sources of economic growth for Saskatchewan in the coming years.
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