Saskatchewan government says budget on course to record $427M deficit at year’s end
Saskatchewan faces a $427 million deficit due to wildfire fighting and health-care costs, with net debt rising to $39.8 billion, Finance Minister Jim Reiter said.
- 1- Saskatchewan’s budget deficit is projected to reach $427 million, driven largely by wildfire response costs and rising health-care expenses. 2- Finance Minister Jim Reiter provided the midterm update on Tuesday, marking a significant deterioration from earlier projections. 3- The budget has swung dramatically from a $12-million surplus in the spring to a $349-million deficit in August, before the latest increase.
10 Articles
10 Articles
Surplus long gone: Sask. government says budget on course for $427M deficit at year's end
Finance Minister Jim Reiter, in a midterm update Tuesday, said the projected year-end deficit is expected to be $427 million, a major swing from the $12-million surplus predicted when the budget was introduced in the spring.
Sask. projects $427 million deficit in mid-year report, cites wildfires, health costs
Saskatchewan is now projecting a deficit of $427 million, citing expenses from wildfires and health care pressures in a mid-year report released Tuesday.
Saskatchewan government says budget on course to record $427M deficit at year's end
REGINA — This year’s Saskatchewan budget is sinking deeper into the red, mainly due to the cost of fighting the summer’s wildfires. Finance Minister Jim Reiter, in a midterm update on the budget, says the projected year-end deficit is expected to be $427 million. It’s a major swing from when the budget was introduced in […]
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