The Saskatchewan government’s mid-year-report shows a forecasted deficit of $2.7-billion, up $97-million from the last budget, but an improvement of $29-million from the first quarter of the province’s fiscal year. Widespread drought this past spring and summer meant that significant financial support was needed for the agriculture sector, which the province says offset strong revenue […]
The province is releasing its first quarter update and it shows the deficit now stands at $2.74 billion after a jump of $126 million. The reason for the jump is the government doing what it can to provide agricultural support to address wide-spread drought conditions. “Recent commitments to help our farmers through the emerging drought, […]
Saskatchewan’s deficit has decreased more than what was anticipated at the end of the fiscal year. The provincial government announced Wednesday that the deficit has fallen to $1.13 billion to end 2020-2021 – a decrease of $1.3 billion. Finance Minister Donna Harpauer reminded that it’s still a deficit and there are concerns, but she called […]
NDP finance critic Trent Wotherspoon and Finance Minister Donna Harpauer are bickering over the financial position that Saskatchewan is in. Wotherspoon says Saskatchewan people deserve answers over what is happening in the wake of Moody’s Investment Bond Services delivered a downgrade to the province’s credit rating. In the letter, Wotherspoon asks Harpauer what impact this […]
Members of the Legislative Assembly went back and forth during Tuesday’s question period on a request from NDP Finance Critic Trent Wotherspoon for government to remove the provincial sales tax on construction labour. Wotherspoon believes this is a solution that could stop the economy from being held back during a crucial time when people need […]
The province’s finance minister says she looks forward to receiving more details on the federal budget. Donna Harpauer and Premier Scott Moe provided reaction to the federal budget on Monday afternoon from the Saskatchewan Legislative Building. Part of the announcement shows the Liberal government aims to drop the current deficit of $354 billion to just under […]
Saying it is a budget that protects the health and public safety of Saskatchewan people and the province’s economy in the fight against COVID-19, Finance Minister Donna Harpauer has presented a provincial budget that has a deficit of $2.6 billion. However the minister insisted it is one that sees record investments in health care, education, […]
The spring session of the Saskatchewan Legislature begins Tuesday, with Finance Minister Donna Harpauer bringing down a new provincial budget. That budget will be a deficit one which will likely exceed the record $2.4-billion deficit budget that was delivered one year ago, with Harpauer saying the slower than expected economic recovery likely means the deficit […]
Saskatchewan’s finance minister says it’s going to be tough to eliminate the province’s deficit by 2024 and the government is likely to pick a new goal. Donna Harpauer says the province’s economic recovery from the COVID-19 pandemic is going slower than hoped. During last fall’s provincial election, Premier Scott Moe campaigned on a promise to […]
Another election promise has been fulfilled by the Saskatchewan government. On Monday, ]egislation to reduce the tax rate for Saskatchewan small businesses over the next three years was introduced. Under this initiative, Saskatchewan’s small business corporate income tax rate drops from two per cent to zero effective October 1, 2020. Beginning July 1, 2022, the […]
