No budget money for U of S Health Sciences building this year
Last year, $7.9M budgeted for facility
A giant construction project at the University of Saskatchewan got some bad news today there's no budget money this year for the Health Sciences building.
The project, with costs expected to top $300 million, is already partially completed, but more upgrades are in the works.
Last year, the province gave $7.9 million to the project. This year, there's nothing.
Money budgeted for post-secondary education is going down this year, from about $711 million to about $688million, a threeper cent dip.
Most of the drop is attributed to less money for capital projects.
Speaking to reporters about post-secondary funding, Finance Minister Kevin Doherty said the U of S has accumulated hundreds of millions of dollars of reserve funds and it has been raising tuition.
Provincial spending is squeezed this year thanks to lower-than-expected resource revenue. Doherty's budget, tabled June 1, called for a $434 million deficit.
Corrections
- An earlier version of this story referred to the post-secondary budget being about $648 million this year. In fact, it's about $688 million.Jun 02, 2016 5:38 AM CT