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Saskatchewan’s Budget Disaster | Montreal News

Saskatchewan’s Budget Disaster | Montreal News

Published 2 weeks ago
Description

Saskatchewan’s government just suffered a stunning fiscal collapse — ballooning from a projected $12 million surplus to a $947 million deficit, a one-billion-dollar swing in the wrong direction. Higher oil prices couldn’t save the day, as healthcare and corrections spiraled out of control, while wildfire evacuations and firefighting costs added billions more. Crop insurance payouts were unexpectedly low thanks to good harvests — but that tiny silver lining was drowned out by disaster spending. The province’s debt now sits at $17.2 billion, up $1.5 billion, and next year’s budget is already penciling in another $819 million hole. Critics are screaming: this isn’t just mismanagement — it’s a full-blown credibility crisis.

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