There’s a reason we look at forecasts from various economists in hopes of getting a flavor for what the future holds for us as individuals, for our organizations and the overall provincial economy…It’s because different sets of eyes generate differing viewpoints.
In the last week or so we’ve been getting updated reports from the major chartered banks on their expectations for the coming year. Among them is BMO Bank of Montreal and their view on Saskatchewan varies from the likes of RBC or ScotiaBank. The latter players both believe Saskatchewan will recapture last year’s contraction due to COVID in 2021…not so with BMO.