Saskatchewan economic growth to lead nation
Saskatchewan will be the top province in terms of economic growth through to 2012, says the latest provincial economic outlook report from RBC Economics.
Because of gains in agricultural and potash production, the province's GDP is forecast to grow 4.3 per cent in 2011 and 4.1 per cent in 2012, said the report, which was released Monday.
"Saskatchewan looks like it's going to be leading the country in growth once again," said Paul Ferley, assistant chief economist with RBC. "Things certainly seem to be going in Saskatchewan's favour. It's a tough economic environment nationally and certainly, there are risks out there. But Saskatchewan's been benefiting from natural resource prices remaining high, as well as the break they got in the weather."
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