Saskatoon Economic Recovery Tracker

Evaluating the progress of the Saskatoon Region economy

73.9%

Recovered

559

Number of Days Since
(March 12, 2020)

1,157

Number of Active Cases in Saskatoon
* Last Updated September 21

4,672

Number of Active Cases in Saskatchewan:
* Last Updated September 21

Economic Forecast

Saskatoon CMA Economic Forecast

Real GDP % Change Quarterly

2020 Q4

2.61%

2021 Q1

1.17%

2021 Q2

1.19%

2021 Q3

1.14%

Expected Rebound

Mid-Q3 2020

Expected Recovery

Early 2022

95.8%

Recovery

GDP

$457.46M

* Last Updated September 10

81.5%

Recovery

Employment

3,800

* Last Updated September 10

80.0%

Recovery

Unemployment

* Last Updated September 10

41.2%

Recovery

Participation Rate

2

* Last Updated September 10

100.0%

Recovery

Retail Sales

$791.14M

* Last Updated September 10

100.0%

Recovery

Mfg. Shipments

$103.88M

* Last Updated September 10

65.1%

Recovery

Building Construction Investment

$9.12M

* Last Updated September 10

38.3%

Recovery

Airport Passenger Traffic

78,379

* Last Updated September 10

58.3%

Recovery

Hotel Occupancy Rate

22

* Last Updated September 10

100.0%

Recovery

Active Businesses

131

* Last Updated September 10

Methodology

The data used in this Tracker is sourced from Statistics Canada, Conference Board of Canada, the International Monetary Fund and industry associations. Each indicator has its own recovery percentage, which is then weighted to achieve a total recovery percentage for the economy.

Note that all data are inclusive of all businesses within their respective sectors. For example, retail sales encompasses all independent retailers, big box retailers and online sales.