The Conference Board of Canada is forecasting moderate economic outlooks for Saskatoon and Regina. Saskatoon’s real GDP is forecast to rise 2.0 per cent this year and 2.4 per cent next. Regina’s is expected to rise 1.5 per cent this year and 2.2 per cent next year. The Board’s fall Metropolitan Outlook blames weak commodity prices, particularly potash, as contributing factors. The document says the slowdown will be broad-based with all sectors of the economy expecting to see more tepid gains. Saskatoon’s construction sector is expected to register negligible output growth starting in 2019.
Moderate Economic Growth Forecast for Saskatoon
By Steve Chisholm
Nov 20, 2018 | 9:30 AM