This year will be the year Saskatchewan’s economy will rebound, albeit slightly.
That prediction came from the Conference Board of Canada, despite an economy that has been hit hard in the resource sector, especially in oil and gas, and a budget that has served as a punching bag.
Members of the Conference Board expect a reinvestment in the resource sector, but not a return to days when oil prices were 95 dollars a barrel.
The organization says they are not expecting strong consumer spending as a result of the provincial budget.
However they do say that the budget, which has faced heavy criticism, is going in the right direction in whipping the province’s fiscal situation into better shape.