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Saskatchewan Faces Major Fiscal Shift | Edmonton News
Description
Saskatchewan’s budget just took a major hit—what was expected to be a $12 million surplus is now projected as a $947 million deficit for the 2025-26 fiscal year, fueled by rising healthcare spending. Finance Minister Jim Reiter insists the government isn’t ignoring the problem, rolling out a dual strategy of cutting costs and easing resident burdens. While net debt jumped $1.5 billion, Reiter’s quick reassurance that the province’s credit rating remains strong offers some stability in an otherwise tense financial outlook.
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