Saskatoon Economic Recovery Tracker

Evaluating the progress of the Saskatoon Region economy

93.8%

Recovered

1360

Number of Days Since
(March 12, 2020)

276

Covid-19 Cases: 7-day Average
(Sept. 19, 2022)

9,223

Number of Active Cases in Saskatchewan (updated weekly)
* No longer updating (as of Feb. 8)

Economic Forecast

Saskatoon CMA Economic Forecast

Real GDP % Change Quarterly

2023 Q1

0.23%

2023 Q2

0.87%

2023 Q3

0.78%

2023 Q4

0.7%

Expected Rebound

Mid-Q3 2020

Expected Recovery

Early 2022

96.2%

Recovery

GDP

$2,421.83M

* Last Updated September 20

100.0%

Recovery

Employment

11,600

* Last Updated September 20

100.0%

Recovery

Unemployment

* Last Updated September 20

100.0%

Recovery

Participation Rate

1.60

* Last Updated September 20

100.0%

Recovery

Retail Sales

$2,441.66M

* Last Updated September 20

100.0%

Recovery

Mfg. Shipments

$258.13M

* Last Updated September 20

67.9%

Recovery

Building Construction Investment

$53.22M

* Last Updated September 20

76.3%

Recovery

Airport Passenger Traffic

29,632

* Last Updated September 20

96.6%

Recovery

Hotel Occupancy Rate

5

* Last Updated September 20

100.0%

Recovery

Active Businesses

255

* Last Updated September 20

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.