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Johnstone B 2009 “Sask. No.1 in Growth” The StarPhoenix 4 March

“Saskatchewan will lead the nation in economic growth in 2009 with a 1.6 per cent increase in gross domestic product, the Conference Board of Canada predicts.

‘Despite the recent global downturn, Saskatchewan will remain the fastest-growing province this year,’ the conference board said in its winter 2009 outlook.

The Ottawa-based economic forecasting agency is projecting the national economy to shrink by 0.5 per cent this year. In December, Scotiabank forecast Saskatchewan's economy to grow by 0.6 per cent while BMO forecast one per cent growth in 2009.”

 “The conference board said Saskatchewan's economic growth will more than double to 3.4 per cent in 2010, boosted by a recovery in the resource sector. The outlook for agriculture is more encouraging, with projected growth rates of four per cent in 2009 and 2.5 per cent in 2010, the report said.”

You can read the entire article here: http://www.thestarphoenix.com/business/fp/Sask+growth/1350701/story.html


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