Underinvestment to Hinder Growth: Saskatchewan’s Outlook to 2045

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 expected to have one of the highest rates of population growth among the provinces.

Although investment has begun to improve again, real GDP growth will be limited by chronic underinvestment compared with previous decades.

The unemployment rate will continue to trend downward from its pandemic highs, and will stabilize around 4.9 per cent over the long run.