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 […]

NDP Protests Cuts to Seniors Program

Jun 29, 2023 | 12:45pm

The  “Lifelong Learning Centre” at the University of Regina is being shut down, and the NDP is crying “foul”. According to the Saskatchewan NDP, The U of R warned the Sask Party government months ago that without new funding, they wouldn’t be able to continue the program, There was no funding offered from the government […]

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 […]

Ottawa posts $10.2-billion surplus in first quarter of fiscal year

Aug 28, 2022 | 11:00am

The federal government posted a surplus of $10.2 billion in the first quarter of the fiscal year. According to the Finance Department’s monthly fiscal monitor report, the surplus posted for April to June compared with a deficit of $36.5 billion during the same period last year. The report says the federal government’s 2022-2023 financial results […]