Saskatchewan forecasts $463M deficit in 2022-23 budget | Globalnews.ca

  • 📰 GlobalNational
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Saskatchewan forecasts $463M deficit in 2022-23 budget

Harpauer, the province’s finance minister, is projecting a $463-million deficit in the upcoming year as she tabled a 2022-23She said a growing economy and more jobs have improved Saskatchewan’s financial outlook, with the forecast deficit now $2.1 billion lower than last year’s budget.

“It’s too soon to tell if oil prices will remain high for an extended period and what impact that could have on revenues. We will continue to monitor the impact on both revenues and affordability and respond as required.”Opposition Leader Ryan Meili said there is nothing in the budget to help families deal with the high cost of living.“This budget provides zero relief, nothing at all, for the costs that are making it harder for families to make ends meet.

“It includes increases to hire and retain physicians, to hire and train more nurses, and to hire more paramedics to provide the best possible health care services for Saskatchewan people,” she said.Trending StoriesThe province is allocating an additional $21.6 million to address surgical wait times and to fund thousands of additional surgeries this year.

“This health-care budget goes nowhere near the generational investment that’s required to get things back in order,” he said. It falls short of the 4.7 per cent increase Saskatchewan Teachers’ Federation president Patrick Maze said was needed to maintain education at its current level in the province.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 81. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Potash, oil drive revenue growth in Saskatchewan | Globalnews.caSaskatchewan Finance Minister Donna Harpauer is expecting the non-renewable resource sector to contribute $2.9 billion in revenue to the province’s coffers.
Source: GlobalNational - 🏆 81. / 51 Read more »

Quebec finance minister to table budget that is expected to address inflation - Montreal | Globalnews.caThe budget comes as the Quebec government is facing pressure to help residents cope with inflation and the rising cost of living as it plans a pandemic recovery.
Source: GlobalNational - 🏆 81. / 51 Read more »