Saskatchewan’s budget deficit will be up to a billion before long at this rate. And that’s for a resource rich province.
Finance Minister Jim Reiter tabled the 2026-27 budget on Wednesday. It projects a $819-million deficit this year with more deficits in the years that follow.
Moe manages the province like he allegedly managed his farm
There must be a hole in something where all the money is leaking out!!
WTF is going on … all the lazy union government employees with their gold plated pension plans?? All the farmers with gold plated combines?? WTF!!
Answered my own question:
Debt is forecast to be $43.5 billion and debt financing costs are expected to be $1.2 billion.
Is that all? Here in BC the deficit is over $13 B.
What matters in the end is Debt to Gdp, or, Net Debt to Gdp. On both of those Saskatchewan is in great shape compared to most any western country/entity. Some of the criticism is like saying that I am a better manager than a billionaire, because I have a smaller debt; but the billionaire makes 1000x more than me. Sask is growing exponentially and that growth requires massive infrastructure and healthcare spending. Sure, Moe could cut some spending, but with the top, or near top gdp growth in Canada, they need to build hard and fast to keep up. Mining alone is going to explode over the next 5-10 years and that will mean steady and robust population growth.
FILTHY LIBERALS will explode this if you Stupidly Build Nuclear
They’re not finance ministers they’re spending ministers.
In a proper world it would be illegal and impossible to produce a deficit budget except in war.
Heh,with soon only two provinces contributing to equalization..it makes sense for Saskatchewan to become a “Have Not” as well.
The Provinces are in a race to the bottom,Alberta had better step up their game.
If you don’t raise taxes … how will you clean up the snowmelt garbage piles?
Oil prices now will shrink the deficit in Alberta and Saskatchewan. Still the only solvent provinces.
Thank you Iranian Theocracy! Thank you Trump!
A healthy Orange windfall!
Ah, but not the only solvent-sniffing provinces!