The tax exemption for bulk purchases of gasoline is being eliminated.
The tax exemption for bulk purchases of diesel fuel is being reduced to 80 per-cent of purchases to reflect the changing nature of farming and primary production operations and on-road and personal use of this fuel.
The effective tax rate on diesel will be 3 cents per litre.
The province says the PST exemptions are maintained for farmers including farm machinery, fertilizer, pesticide and seed.
The PST is going up one point to 6 per-cent and will also be applied to restaurant meals, snack foods, insurance premiums and construction services.
Municipal revenue sharing is 258 million dollars, and maintains the formula based on one point of the PST.
Tobacco taxes rise 2 cents, liquor mark-ups rise between 4 and 6.8 per-cent.
There is some good news…Personal income tax rates and corporate income tax rates decline in half points in July 2017 and July 2019.
The agriculture budget is 801 million dollars, up 20 million dollars or 2 per-cent.
The budget outlines winding down of STC, the Saskatchewan grain car corporation, as well as reduction in rural revenue sharing and municipal infrastructure programs.
The province hopes to return to a balanced budget in 3 years.