debt

Budget day in Manitoba expected to change several taxes, credits and refunds

Budget day in Manitoba expected to change several taxes, credits and refunds

Apr 2, 2024 | 7:44am
Manitoba’s NDP government is set to introduce its first budget today since winning last October’s election. The fiscal plan is expected to include rebates on electric vehicles, a bigger tax credit for fertility treatments, and free prescription birth control — all of which were NDP campaign promises. The budget is also extending the fuel-tax holiday […]
Surplus Down in Quarterly Financial Update

Surplus Down in Quarterly Financial Update

Aug 31, 2023 | 11:26am
-With files from the Canadian Press- The Saskatchewan government is forecasting a lower surplus than budgeted this year due to decreased resource revenues and higher expenses. In her first-quarter fiscal update, finance minister Donna Harpauer says the province expects a $485.5 million surplus this year, down 52 per cent from the $1 billion surplus that […]

Sask. government using majority of $1.58 billion surplus to pay down debt

Jun 29, 2023 | 12:28pm

The Government of Saskatchewan has announced a $1.58 billion surplus at the year-end of 2022-23. The province plans to use $1.5 billion of the surplus to pay its provincial operating debt, saving $66 million per year in estimated future interest costs. Deputy Premier and Finance Minister Donna Harpauer said the province experienced strong revenue from […]

Regina council approves to raise debt limit by $330 million

Jun 8, 2023 | 10:08am

Regina city council approved increasing the city’s debt limit by $330 million. Following the vote in favour of the increase, the city must apply to the Saskatchewan Municipal Board to approve the debt limit increase from $450 million to $780 million. “Considering the commitment City Council has made to the Catalyst Committees’ study and the […]

Federal budget 2023 includes $59.5 billion in new spending, looks to increase revenue

Mar 28, 2023 | 2:25pm

The federal government announced $59.5 billion of new spending over the next five years as part of a narrowly focused budget that also promises to find savings in the public service and increase tax revenues. Finance Minister Chrystia Freeland’s budget, tabled in the House of Commons, has three main focuses: the clean economic transition, health […]

Cash Windfall in Saskatchewan

Aug 23, 2022 | 10:13am

Saskatchewan is flush with cash and out of the red. Finance Minister Donna Harpauer says the province is raking in more money largely due to natural resource prices. As a result, Harpauer says her Saskatchewan Party government is reversing its plan to add provincial sales tax to gym memberships and some recreational activities, which was […]

NDP raises concern about SaskParty government debt

Nov 21, 2019 | 12:11pm

  The NDP is raising concern about the level of government debt in Saskatchewan. Opposition critic Trent Wotherspoon says the provincial debt has tripled under the SaskParty government and is at 22 billion dollars. He says the government is on a dangerous and reckless path. Finance minister Donna Harpauer says the debt to GDP ratio […]

One-third of Saskatchewan residents unable to cover bills and debt

Oct 29, 2019 | 11:34am

A Saskatoon based Insolvency Trustee is concerned about the results of a national consumer debt index survey. Michelle Scheller says the trend of about a third of Saskatchewan residents surveyed being unable to cover their bills and debts each month started with the downturn in the western Canadian oil industry. The survey also suggests almost […]

Insolvency rates nearing ‘all-time high’ in Regina-Moose Mountain region

Jun 3, 2019 | 1:00pm

People in the Regina-Moose Mountain region are having more difficulty dealing with debt according to statistics from the Office of the Superintendent of Bankruptcy. Those numbers released last month and show the highest rate of insolvency is found in the region. Since the stats were tracked beginning in 1987, the number of consumer insolvencies per thousand […]