The final numbers are being crunched as Saskatchewan Finance Minister Kevin Doherty prepares to deliver the budget June 1.
Doherty says finance officials are to present some options to government MLAs later this week for input before the budget goes to cabinet.
He says the biggest obstacle is the low price of oil, which means less revenue for provincial coffers.
The minister also says that potash prices have softened since the third-quarter budget update in February.
At that time, the province was expecting a $427-million deficit in the fiscal year which ended March 31 and aiming for a $259-million deficit this year.
Doherty says he’s not yet at a point to determine whether those numbers “are holding.”
(The Canadian Press)