Premier says Sask. budget to be expected June 1
It's expected to be released on June 1.
Saskatchewan Premier Brad Walladdressed the status of the long-awaitedupcoming provincial budget in Regina Friday.
"Some of the work had been done last year," Wall said, adding that the finalization stage has yet to be reached.
He said the provincial budgetis expected to be released on June 1.
"We're going to make some difficult decisions. We've got a forecast to come in with a smaller deficit than we're currently in this year," said the premier.
According to Wall, this means no tax increase for the province's residents.
Late last year, the premier confirmed he wouldbe running a deficit, instead of increasing taxes, to deal withwhat he calls "serious revenue shortfalls."
In February, the province puta number on the projected deficit for the 2016-17fiscal year $259 million.
At the same time, the finance minister announced thedeficit for the current fiscal yearwould jump $165 million from mid year projectionstoa $427-million.
On Friday, the premier saidhe and his government will have to findhundreds of millions of dollars in savings within the upcoming budgetto support healthcare, education and social services.
"Some ministries are going to come in lower than last budget not the big three, but some will," said Wall.
"We'll also be able to lay out how we're going to get back to balance in '17-'18."