Government of Saskatchewan
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         Tuesday, July 26, 2016
Minister of Finance

What's New

Saskatchewan finished 2015-16 with a $675 million deficit (excluding the pension adjustment), largely attributable to shortfalls in oil and potash revenue.

Finance Minister Kevin Doherty released the province’s year-end financial results today, with a clean audit opinion from the Provincial Auditor.

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Businesses directly impacted by recent flooding activity in Saskatchewan can apply for relief from penalty and interest charges for filing late PST returns.

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With the potential for a Canada Post mail service disruption as early as July 2, the Ministry of Finance is reminding Saskatchewan businesses of several ways to file and pay their consumption taxes by the monthly deadline of the 20th of each month.

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Finance Minister Kevin Doherty today tabled Saskatchewan’s 2016-17 Budget which will keep Saskatchewan strong by controlling operational spending and investing in people and infrastructure.  This year’s Budget contains no tax increases and no new taxes.

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March 3, 2016 - If you're living in Saskatchewan the good news is a number of provincial tax credits are available that can help keep your taxes low.

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February 29, 2016 - Finance Minister Kevin Doherty today said provincial revenues took a big hit in 2015-16 because of the dramatic drop in oil prices but global economic recovery over the next few years coupled with Saskatchewan’s strong economic fundamentals means the province’s finances are expected to improve.

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November 30, 2015 - The provincial government continues to control and reduce spending to offset a nearly $400 million drop in non-renewable resource revenue since the 2015-16 Budget was introduced in March.

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August 31, 2015 - Finance Minister Kevin Doherty today release the 2015-16 First Quarter Financial Report, which shows that forest fires and the decline in oil prices have put the province's finances into a deficit position after the first quarter of the fiscal year.

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March 18, 2015 - Finance Minister Ken Krawetz today tabled a balanced budget that will keep Saskatchewan strong by keeping taxes low, investing in infrastructure, controlling operating spending and providing new incentives that will help create jobs.

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November 27, 2014 - The 2014-15 Mid-Year Report was released today projecting a year-end surplus of 70.9 Million.

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November 10, 2014 - Legislation to create the Institute of Chartered Professional Accountants of Saskatchewan (CPA Saskatchewan) was proclaimed today.

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August 14, 2014 - Finance Minister Ken Krawetz today said the provincial budget surplus remains intact, even with a $150 million allowance for flood related costs.

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Did You Know?

There is a $1.5 million increase for the Saskatchewan Apprenticeship and Trade Certification Commission for an additional 300 training seats in 2013-14, as well as a $119,000 increase for the Apprenticeship Training Allowance.


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