Finance Minister Donna Harpauer is expected to announce a provincial deficit of $1-billion on Friday, thanks to COVID-19. Harpauer says a decline in oil, PST and corporate taxes are all at play. She added it could take years to recover from this deficit, as the province will be challenged to find solutions to get back […]
The Saskatchewan Government released a scaled back version of its budget on Wednesday for the upcoming fiscal year. The province plans to spend $14.15 billion, which is an increase of 3.1%. No revenue forecast was provided at this time due to the COVID-19 pandemic impacting world markets. In a news release, Finance Minister Donna Harpauer […]
The economic impact of COVID-19 has had an effect on the Saskatchewan budget. Finance Minister Donna Harpauer will deliver what the Saskatchewan Party is calling a “scaled-back” budget on Wednesday as expenses will be tabled, but not revenues. Premier Scott Moe was asked by reporters following Question Period on Tuesday why his government is taking […]
Finance Minister Donna Harpauer plans to proceed with a scaled-back budget release tomorrow, which is the scheduled date for the provincial budget. Harpauer will table the 2020-21 Budget estimates, which are the government spending plans for the upcoming year for all areas of government, including health, education, social services, public protection and capital spending. “The […]
Saskatchewan’s finance minister says she’s optimistic the recent downturn in the markets won’t be dramatic in the long-term with drops in the Canadian dollar and oil prices. Donna Harpauer told reporters on Monday at the legislature that they can’t knee-jerk react to each and every price change, adding that oil now is only four to five […]
Canada’s finance ministers wrapped up a one day get together in Ottawa Tuesday, with federal minister Bill Morneau saying changes to the fiscal stabilization program won’t happen before the new year. Saskatchewan’s Finance Minister Donna Harpauer said in a news scrum afterwards with the large volume of grain harvested, but with quality down, reviewing safety […]
Improving fiscal stabilization for all Canadian provinces will be the focus of Saskatchewan Finance Minister Donna Harpauer when Canada’s finance ministers come together in Ottawa on Tuesday for their annual meeting. “Canada’s Premiers recently reached a consensus that changes to fiscal stabilization are needed,” Harpauer said in a release. “Program funding is not sufficient for […]
The Saskatchewan government released its mid-year financial report on Thursday morning, indicating the current budget remains on track. The report forecasts a modest surplus of $37.4-million, up $3-million from the budgeted surplus. Revenue is forecast to be $15.4-billion, an increase of $329.3-million or 2.2 percent from this year’s budget. In a news release the provinces said […]
The Saskatchewan Government says the provincial budget remains on track to balance after the first quarter of the fiscal year, with a small surplus forecast to be around $26-million, which is down around $9-million from the budgeted surplus. “In this year’s budget, we promised to deliver the right balance for Saskatchewan,” Finance Minister Donna Harpauer […]
The Saskatchewan Government says the end of this fiscal year shows a deficit of $268-million, that’s $97-million less than was budgeted for. “Our year-end actual’s show that Saskatchewan’s fiscal position and financial outlook continue to improve,” Finance Minister Donna Harpauer said in a news release on Thursday. “Our government’s plan to return the province to […]
