SREDA lowers provincial economic outlook

The Saskatoon Regional Economic Development Authority (SREDA) gave the city’s economy a grade of B-minus for the second quarter of the year, saying it shows signs of stability but recent mining cutbacks are causing increased uncertainty.
On Tuesday, SREDA released two reports, one looking back at the period from April to June and another forecasting what it expects in the third quarter.
“On a positive note, despite recent and significant job losses in the uranium sector, the overall