A $400 million drop in provincial tax revenue has pushed the forecast deficit to $806 million, according to the 2016-17 Mid-Year Financial Report released today by Finance Minister Kevin Doherty.Read More
Spending on ministry travel was down $582,000 or 1.5 per cent in 2015-16, compared to the previous year, as part of the Saskatchewan government’s fiscally responsible approach to ongoing economic challenges. This reduction is part of the detailed financial information that was released today in Volume 2 of the 2015-16 Public Accounts.Read More
Saskatchewan finished 2015-16 with a $675 million deficit (excluding the pension adjustment), largely attributable to shortfalls in oil and potash revenue.
Businesses directly impacted by recent flooding activity in Saskatchewan can apply for relief from penalty and interest charges for filing late PST returns.Read More
With the potential for a Canada Post mail service disruption as early as July 2, the Ministry of Finance is reminding Saskatchewan businesses of several ways to file and pay their consumption taxes by the monthly deadline of the 20th of each month.Read More
Finance Minister Kevin Doherty today tabled Saskatchewan’s 2016-17 Budget which will keep Saskatchewan strong by controlling operational spending and investing in people and infrastructure. This year’s Budget contains no tax increases and no new taxes.Read More
March 3, 2016 - If you're living in Saskatchewan the good news is a number of provincial tax credits are available that can help keep your taxes low.Read More
February 29, 2016 - Finance Minister Kevin Doherty today said provincial revenues took a big hit in 2015-16 because of the dramatic drop in oil prices but global economic recovery over the next few years coupled with Saskatchewan’s strong economic fundamentals means the province’s finances are expected to improve.Read More
November 30, 2015 - The provincial government continues to control and reduce spending to offset a nearly $400 million drop in non-renewable resource revenue since the 2015-16 Budget was introduced in March.Read More
August 31, 2015 - Finance Minister Kevin Doherty today release the 2015-16 First Quarter Financial Report, which shows that forest fires and the decline in oil prices have put the province's finances into a deficit position after the first quarter of the fiscal year.Read More
March 18, 2015 - Finance Minister Ken Krawetz today tabled a balanced budget that will keep Saskatchewan strong by keeping taxes low, investing in infrastructure, controlling operating spending and providing new incentives that will help create jobs.Read More
November 27, 2014 - The 2014-15 Mid-Year Report was released today projecting a year-end surplus of 70.9 Million.Read More
November 10, 2014 - Legislation to create the Institute of Chartered Professional Accountants of Saskatchewan (CPA Saskatchewan) was proclaimed today.Read More
August 14, 2014 - Finance Minister Ken Krawetz today said the provincial budget surplus remains intact, even with a $150 million allowance for flood related costs.Read More
Did You Know?
Budget 2013-14 provides a $131.8 million increase for Regional Health Authorities' base operating funding for health care staff, drugs, medical supplies and other operating costs.