The Sask. Budget Includes A $2.4 Billion Deficit

A $2.4-billion deficit is forecast for this fiscal year because of COVID-19, but Saskatchewan’s Finance Minister believes we can get back to balance in a few years without having to increase taxes, or cut programs and services. Donna Harpauer says other provinces are facing higher deficits, for instance Manitoba could have around a $5-billion deficit and Alberta’s could be as high as $20-billion. The government has allotted $5.8-billion for health care which is an increase of $255-million. To help stimulate Saskatchewan’s economy and create jobs, the province’s capital plan includes $3.1-billion to build hospitals, schools, roads and highways and municipal and Crown Corporation infrastructure.

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