The Government of Saskatchewan has announced a $1.58 billion surplus at the year-end of 2022-23. The province plans to use $1.5 billion of the surplus to pay its provincial operating debt, saving $66 million per year in estimated future interest costs. Deputy Premier and Finance Minister Donna Harpauer said the province experienced strong revenue from […]
Regina city council approved increasing the city’s debt limit by $330 million. Following the vote in favour of the increase, the city must apply to the Saskatchewan Municipal Board to approve the debt limit increase from $450 million to $780 million. “Considering the commitment City Council has made to the Catalyst Committees’ study and the […]
The federal government announced $59.5 billion of new spending over the next five years as part of a narrowly focused budget that also promises to find savings in the public service and increase tax revenues. Finance Minister Chrystia Freeland’s budget, tabled in the House of Commons, has three main focuses: the clean economic transition, health […]
Saskatchewan is flush with cash and out of the red. Finance Minister Donna Harpauer says the province is raking in more money largely due to natural resource prices. As a result, Harpauer says her Saskatchewan Party government is reversing its plan to add provincial sales tax to gym memberships and some recreational activities, which was […]
The NDP is raising concern about the level of government debt in Saskatchewan. Opposition critic Trent Wotherspoon says the provincial debt has tripled under the SaskParty government and is at 22 billion dollars. He says the government is on a dangerous and reckless path. Finance minister Donna Harpauer says the debt to GDP ratio […]