Second pandemic budget in Saskatchewan as COVID-19 variants hit hard
Saskatchewan Finance Minister Donna Harpauer, left, delivers her budget speech at the Legislative Building in Regina on Monday, June 15, 2020. THE CANADIAN PRESS/Mark Taylor April 06, 2021 - 1:00 AM
REGINA - Saskatchewan is set to table its budget today outlining how the province plans to manage the continued spread of COVID-19 in the coming year.
Premier Scott Moe has said the novel coronavirus and uncertainty around revenues means the government is unlikely to be able to eliminate its projected $2-billion deficit by 2024.
Moe made that promise during the campaign for last October s general election in which the Saskatchewan Party won its fourth straight majority.
Saskatchewan to table second pandemic budget amid rise in COVID-19 cases in the province REGINA Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Michael Bell /The Canadian Press
Saskatchewan is set to table its budget today outlining how the province plans to manage the continued spread of COVID-19 in the coming year.
Premier Scott Moe has said the novel coronavirus and uncertainty around revenues means the government is unlikely to be able to eliminate its projected $2-billion deficit by 2024.
REGINA Saskatchewan s 2021-22 budget shows the province is still feeling the financial affects of the COVID-19 pandemic, posting a forecasted $2.6 billion deficit for the fiscal year. For the second year in a row, the budget focuses heavily on health, education and social services spending to ease assist with pandemic-related costs. Deficits are projected to continue over the next three years, at $1.7 billion in 2022-23, $1.2 billion in 2023-24 and $770 million in 2024-25. Based on these projections, Saskatchewan will see seven straight years of deficits through 2025, after posting deficits in each budget since 2018-19. Forecasts for both revenue and expenses are up from 2020-21. Total expense of $17.1 billion is expected this fiscal year, up $1 billion, or 6.3 per cent, from last year s budget. These expenses are also up $1.1 billion from the current 2020-21 forecast.
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