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Page 28 - சஸ்காட்செவன் சட்டமன்றம் கட்டிடம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Saskatchewan s 2021-22 budget: Winners and losers

Article content Winner: Red ink The 2021-22 provincial budget drives the final nail into the coffin for the Sask. Party’s 2020 election promise to balance the provincial budget by 2024. Finance Minister Donna Harpauer had telegraphed in early March that the balanced-budget pledge was in doubt, pointing to the economic ravages of the COVID-19 pandemic. This year’s budget includes a $2.6-billion deficit, which is significantly higher than the $1.7-billion projected at election time. The Sask. Party is now predicting steadily shrinking deficits with a return to balance expected by 2026-27. We apologize, but this video has failed to load. Try refreshing your browser, or

No funding for safe drug consumption in provincial budget

No funding for safe drug consumption in provincial budget
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By the numbers: Saskatchewan s 2021-22 budget

Article content $2.6 billion: The deficit Try refreshing your browser, or By the numbers: Saskatchewan s 2021-22 budget Back to video That’s a record shortfall for Saskatchewan and nearly $1 billion more than the estimate from the Saskatchewan Party platform in the October 2020 election. In the party’s platform, which included a promise to balance the budget by 2024, the estimated deficit for 2021-22 was $1.7 billion. The government had admitted it would not hit the target in its platform. The projected deficit tops the $2.4 billion in the 2020-21 budget. Five years: Estimate to balance budget The worsening COVID-19 pandemic has forced the government to abandon its plan to balance the budget in four years. Now, it’s aiming for the 2026-27 budget for balance. After this year, deficits of $1.7 billion, $1.2 billion and $770 million are projected before the next provincial election. Total debt is expected to rise from a forecasted $23.6 billion this year to $36.4 billion i

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