Finance News

The mid-year financial report forecasts a $1 billion deficit by the end of the fiscal year.

Update: $1B deficit forecast for Saskatchewan by end of April

By Sarah Mills November 22, 2016 - 6:23am Updated: November 22, 2016 - 4:11pm

The financial picture for Saskatchewan is far from rosy as a $1 billion deficit is forecast by the end of the fiscal year.

That's the picture coming from the mid-year...

File photo of library at Douglas Park School in Regina.

Sask. school boards and universities could be part of 'transformational change'

By Sarah Mills, Kevin Martel June 3, 2016 - 7:37am Updated: June 3, 2016 - 9:59am

The Saskatchewan government is increasing spending in education but also fighting to get out of a deficit by starting to talk about “transformational change”.

As the...

Premier Brad Wall speaks at SUMA convention in Regina.

Sask. premier says province will run deficits due to revenue shortfall

By Kevin Martel February 1, 2016 - 3:02pm Updated: February 2, 2016 - 7:12am

Due to the economic pressures Saskatchewan is facing, especially in the oil sector, the provincial government is announcing it will run deficits.

Premier Brad Wall made...

Finance Minister Kevin Doherty. Nov 30 2015

Sask. finance minister against CPP increases

By Alex Docking, Lisa Schick December 20, 2015 - 12:12pm Updated: December 21, 2015 - 7:55am

Saskatchewan's finance minister is ready to dig in his heels at meetings this week when it comes to public-pension reform.

Kevin Doherty meets with his federal and...

Sask. Finance Minister Kevin Doherty, Nov 2015

Sask. will stick around as a 'have' province: finance minister

By Alex Docking December 19, 2015 - 8:53am Updated: December 21, 2015 - 8:38am

Even will the price of oil falling more and more, Saskatchewan will stick around as a "have" province, according to provincial finance minister. 

"We will continue to be...

Finning International Caterpillar dealer.

Caterpillar dealer to lay off 440 people in western Canada

By Brant Hilton, The Canadian Press November 12, 2015 - 4:19pm Updated: November 13, 2015 - 6:41am

Finning International, the world's largest Caterpillar heavy equipment dealer, announced Thursday it is reducing its workforce in western Canada by 440 people.

Finning...

Sask. finance minister looks at efficiences ahead of financial update

By Sarah Mills November 10, 2015 - 4:20pm Updated: November 12, 2015 - 6:07am

The province's financial hole could be growing larger.

At the end of August, the government released the first financial update of the year and it showed a deficit of $...