COVID-19 public health restrictions are gone and Saskatoon’s economy is recovering.At least, for now.The Saskatoon Regional Economic Development Authority (SREDA) calculates the economy of the province’s largest city is 67.8-per cent recovered from the pandemic as of Thursday (though most of the factors it takes into account are from much earlier in the month).But the International Monetary Fund (IMF) a global financial watchdog, says inequality and another wave of COVID-19 infections could threaten any gains.
How the Delta variant is reviving COVID-19 surges worldwide SREDA CEO Alex Fallon told Global News that agricultural exports, the housing market and consumer and retail spending is driving the bulk of the recovery right now.