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Tag Archives:
Deficit
What you need to know about Saskatchewan's provincial budget
The Government of Saskatchewan tabled its provincial budget Wednesday afternoon, outlining its revenue, spending and priorities for the year ahead. Here's what you need to know: Classrooms Thanks to a...
CKOM News
Mar 20, 2024
The government says this year's budget is focused on three areas: Classrooms, health care and communities. (Lisa Schick/980 CJME)
Spending expected as 2024-25 Saskatchewan budget set to be released
Explaining how it's going to run the province, where the dollars are going to go and where its priorities lie, the Government of Saskatchewan is set to unveil its budget for the 2024-25 fiscal year We...
Lisa Schick
Mar 20, 2024
The Legislative Building in Wascana Park in Regina. Mar. 15, 2024 (Lisa Schick/980 CJME)
Saskatoon seeking outside expertise on avoiding future operating budget deficits
The City of Saskatoon is seeking some financial advice. According to a document posted online, the city is requesting quotes for a financial review audit until next Friday. The document indicates that...
Lara Fominoff
Feb 15, 2024
The City of Saskatoon is looking for an outside expert to help with a financial review audit. (Lara Fominoff/650 CKOM)
'Awful:' Sask. NDP says deficit shouldn't have been a surprise
The Saskatchewan NDP pointed to the provincial government's mid-year financial report on Monday, calling it evidence of the government's awful fiscal management, awful projections, and propensity to w...
Lisa Schick
Nov 28, 2023
Federal government expects $40-billion deficit this year: Freeland
The fall economic update from the federal government projected a $40-billion deficit for the current fiscal year. The update, delivered on Tuesday by Finance Minister Chrystia Freeland, acknowledged t...
CKOM News
Nov 21, 2023
Minister of Finance Chrystia Freeland delivers the Fall Economic Statement in the House of Commons in Ottawa on Tuesday, November 21, 2023. THE CANADIAN PRESS/Adrian Wyld
Saskatoon council closes massive funding gap by $23 million
At a marathon meeting Tuesday, Saskatoon's city council made a significant dent in a major funding gap. The city was facing a $50.9-million funding gap for 2024 and a $23.2-million gap in 2025. So far...
Lara Fominoff
Jul 25, 2023
(650 CKOM file photo)
Council motion seeking budget options based on 4 per cent tax hike defeated
The first of the City of Saskatoon's special budget meetings began Thursday morning with Mayor Charlie Clark calling the process to address a $52.4-million funding gap in 2024 and another $23.2-millio...
Lara Fominoff
Jun 22, 2023
(Lara Fominoff/650 CKOM)
Saskatoon facing 2022 deficit of nearly $11 million
The City of Saskatoon is facing a $10.99-million deficit for 2022, including $1.97 million related to the major snowfalls that occurred just before and after Christmas. According to Kari Smith, the ci...
Lara Fominoff
Mar 03, 2023
(650 CKOM file photo)
'Back on track': Provincial debt $1.14 billion lower than projected, Harpauer says
Saskatchewan's finances are recovering from the COVID-19 pandemic faster than anticipated, according to Finance Minister Donna Harpauer. Harpauer released Volume 1 of Saskatchewan's Public Accounts 20...
Lara Fominoff
Jun 30, 2022
Finance Minister Donna Harpauer. (Lara Fominoff/650 CKOM)
Saskatoon's 2020 gross year-end deficit forecast at $5.7 million
Saskatoon's year-end deficit isn't looking nearly as big as it did during the same time last year. In 2020, the city was staring down a $20.1-million deficit because of the early November blizzard cos...
Lara Fominoff
Nov 15, 2021
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