Even with the country seeing the largest contraction in its gross domestic product since that figure has been calculated, Saskatchewan’s largest industries have responded relatively well given the slowdown brought on by the COVID-19 pandemic.Canada’s real GDP shrank by 5.4 per cent in 2020, the steepest fall since this data started being collected in 1961.
Canadian economy posts worst showing on record in 2020 However, for Saskatchewan, the most notable positive change was in the agriculture, forestry, fishing and hunting sectors, which saw the national GDP grow by 11.5 per cent from December 2019 to December 2020.Even with a tough start to 2020, mining and natural resources is only down 5.8 per cent in that same time span.Arts,.