The Saskatchewan government released their third quarter financial report, and it shows some positive things.
Most notably, as it regards to the deficit, which sits a $595 million, which is over $100 million less than the forecasted $696 million projected at the last budget period.
Finance Minister Donna Harpauer says revenue is down about 1.6%, which she says is attributed to an issue experienced by every province across Canada.
“The reduction in revenue is largely due to a reduction in personal income tax,” said Harpauer. “And that not only happened across our entire nation, where there was an overestimation of the personal income tax.”
Harpauer noted despite this revenue decrease, the government will balance the budget in three years time. But, in order to do that, it means there will be some tough decisions to make in this years budget.
“This is not going to be an easy budget we’re going into, either,” she said. “There’s going to be tough decisions that need to be made to keep us on track.”
“Obviously, the decisions made previously has kept us on track and we’re going to have to be diligent in our decisions for the next budget.”
Not everyone was happy about the report though.
NDP critic Cathy Sproule lambasted the government, saying the government is using funding cuts to service debt.
“If you look at the cuts in education, for example, rather than putting them back into the classrooms, they’re using it to service their debt,” Sproule said. “If you look to the changes in agriculture, people suffering from wildfires, they’re not putting that money back in agriculture.”
“And the same with community development and municipalities.”