Primary Country (Mandatory)

United States

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
English
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
English
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
CNN
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
AajTak
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Cleaning Gel for Car, Tools, Laptop and Keyboard Cleaner Buy Now
Google Pixel 6a Android Phone Buy Now
SAMSUNG Galaxy Tab S6 Lite 10.4 Buy Now
Anne Klein Watch Buy Now
Women's Summer Tops Buy Now
Full-Zip Fleece Lined Hoodie Sports Sweatshirts Buy Now
Tie Dye Seamless Leggings Buy Now
Blisset 3 Pack High Waisted Leggings for Women Buy Now
OLEVS Mens Leather Watches Buy Now
MAIBAOTA 8-Piece Men's Necklace Set Buy Now
Easy, Healthy Recipes with 7 Ingredients Buy Now
ODODOS Women's Sweat Shorts with Pockets Buy Now
Men's Lightweight Jacket Buy Now
OYOANGLE Mens Baggy Dress Pants Buy Now
Beefy-T Heavyweight Cotton Tee Buy Now
OLEVS Mens Big Face Watch Buy Now
Extreme Taper Jean Buy Now
KISS WIFE Christmas Jewelry Set for Women Girls Buy Now
Fashion Wallet Chain Buy Now
Gold Jewelry Set 49pc Buy Now
MoreBack to News Headlines
Sask. projects $463M deficit, finance minister says government surprised by quick economic rebound

Sask. projects $463M deficit, finance minister says government surprised by quick economic rebound

CBC
Thursday, March 24, 2022 1:07 AM GMT

Saskatchewan's Finance Minister Donna Harpauer says the province is "back on track," forecasting a $463 million deficit for 2022-23.

The projection is a far cry from the $2.6 billion deficit forecast from 2021-22. It is also lower than last year's projection of a $1.7 billion deficit for 2022-23.

"We are seeing strong economic growth and job creation as we come out of the pandemic and as a result, the province's financial outlook has improved significantly," Harpauer said.

The finance minister says she is sticking to a plan to return to balance by 2026-27.

Provincial revenues are expected to rise behind high demand for potash and oil. The government is projecting $2.9 billion in non-renewable resource revenue, up from $1.6 billion last year.

Overall revenues are forecast at $17.2 billion, up $2.7 billion from last year.

"While volatile world events have made commodity prices difficult to forecast, as always our revenue forecasts are based on cautious oil price projections," Harpauer said.

"It's too soon to tell if oil prices will remain high for an extended period and what impact that could have on revenues."

Harpauer said Wednesday the evolving situation in Ukraine and increases in inflation are going to be monitored closely.

"The risk definitely in this budget and for all of us going forward is going to be how high will inflation go due to circumstances, both with the pressure spending through the pandemic as well as global issues," she said.

"There is no doubt that the political climate due to what's happening in Ukraine is a risk. Disruptions in the supply chain, which were already there are being even more accelerated due to the war."

Overall, Harpauer told reporters the budget discussions were far more pleasant because of economic conditions.

"The surprise was how quickly our economy was recovering. It was actually positive experience because our revenues are strengthening that we didn't anticipate a year ago."

The government based the number's in Wednesday's budget on the following predictions:

Read full story on CBC
Share this story on:-
Run 3 Space | Play Space Running GamePlay Run 3, the ultimate space tunnel running game with 300+ challenging levels!Adv.
Traffic Jam 3D | Online Racing GameTraffic Jam 3D is a game where you’ll be driving through heavy traffic.Adv.
Duck Hunt | Play Old Classic GamePlay the classic 1984 light gun shooter game Duck Hunt on your browser.Adv.
More Related News
What's at the heart of Sask.'s early wildfire season? Humans, in more ways than one

Four in five of the wildfires so far in Saskatchewan this year have been caused by humans — the vast majority of them accidentally. But experts say part of the reason they've spread so far, so fast, is another human factor: climate change driven by the burning of fossil fuels.

Border city of Lloydminster united through gardening

Just a block away from the border of Alberta and Saskatchewan there's a garden uniting green thumbs in Lloydminster. 

Rare spirit bear cub living near B.C. highway stirs excitement, concern, as word of its existence spreads

Shelley Lindaas has long dreamed of seeing a Kermode bear cub in person.

'He did not deserve this,' says friend of Erixon Kabera after SIU clears officers who killed him

The Special Investigations Unit (SIU) report outlining the events leading to the death of Erixon Kabera answered some questions for his family and friends, but many remain.

'Unacceptable': Some of Windsor's parking meters are wrong — but people are still getting tickets

Syed Hassan says he doesn't like to complain much. But when his wife told him she got a parking ticket on Thursday night, he knew he needed to speak out. 

Sex assault trial reforms followed Ghomeshi case. Some experts worry Hockey Canada trial could spark more

Following the public outcry over the Jian Ghomeshi case, some legal scholars and sexual assault survivor advocates lauded changes made to the Criminal Code that would prevent defence lawyers from surprising complainants at trial with past emails or text messages with the defendant.

The word 'family' has caused controversy for this Ontario school board. Here's why

The Waterloo Region District School Board has been talking a lot about the word "family" this month.

As some restaurants ditch seed oils for beef tallow, UPEI prof warns it's no health upgrade

At Pedro's Island Eatery in North Rustico, owner Pedro Gameiro has long been not a fan of using seed oils for frying

Yukon First Nations graduation turns 50

The parking lot of the Kwanlin Dün Cultural Centre in Whitehorse was full on Friday, and the building surrounded by well-dressed young people and their proud families. Despite the smoky conditions in the city, there was much to celebrate. 

Toronto should allow sixplexes to bring 'gentle density' to city, council committee says

Toronto has moved one step closer to allowing fiveplexes and sixplexes in neighbourhoods across the city.

Why removing a dead deer from the Thames River wasn't a situation of passing the buck

Warning: Some readers may find photos in this story distressing.

Can the G7 leaders still find anything to agree about?

Fifty years ago this fall the leaders of France, Germany, Italy, Japan, the United Kingdom and the United States met in a castle outside Paris for three days of meetings, at the conclusion of which they issued the Declaration of Rambouillet, a 15-point statement of principles and commitments.

'It's escalating every minute': Iranian woman living in N.L. watches conflict with worry

An Iranian woman living in Newfoundland and Labrador says she's watching attacks between Israel and Iran with worry for her family back home.

Parking Slot | Free Parking GamePlay Parking Slot, the best online 3D car driving and parking game.Adv.
Slope Ball Run - Play OnlineSlope Game takes you on an exciting journey of a ball on special paths.Adv.
Protesters hold 'people's forum' in Calgary ahead of G7, prepare for Sunday march

On the final day before G7 leaders gather in Kananaskis, Alta., activists and community groups met in downtown Calgary on Saturday afternoon for a "people's forum" that took aim at the priorities of G7 leaders.

P.E.I. optometrist goes mobile to serve care homes in Prince County

An Island optometrist has gone mobile, providing on-site eye exams at long-term and community care homes across western P.E.I..

Funeral held for 3 children killed in alleged impaired driving crash

The Laviña-Galve family held a joint funeral in Scarborough on Saturday for three children killed last month in an alleged impaired driving crash on Highway 401. 

Canadians urged to 'avoid all travel' to Israel amid escalating hostilities with Iran

The federal government is urging Canadians to "avoid all travel" to Israel as the country exchanges missile and air strikes with Iran.

Ontario Pride groups say extra federal security dollars now necessary to run safe events

For a third year in a row, $1.5 million in federal funding is being made available to local and national Pride organizations to pay for increased security at festivals and parades celebrating the 2SLGBTQ+ community. 

2 Minnesota lawmakers and spouses shot in their homes, ex-state House Speaker and husband dead: governor

Minnesota Gov. Tim Walz says former state House Speaker Melissa Hortman and her husband were killed Saturday in a politically motivated assassination, and a second lawmaker and his wife were shot and wounded.

Information about TFSA contribution limits now available, says the CRA

The Canada Revenue Agency (CRA) says it has resolved an issue that prevented people from seeing how much contribution room they had left in their tax-free savings accounts (TFSAs).

He thought he was calling Air Canada. The airline says it wasn't them

A Stellarton, N.S., man says he was baffled when he discovered his $2,000 non-refundable airline ticket to Texas was cancelled.

Heat-pump scheme banned in Ontario snares Miramichi homeowner

Theresa Marcotte now regrets her decision four years ago to have two heat pumps installed in her Miramichi home. 

Here comes the MPP: Ontario bill could let politicians officiate weddings

Cut the red tape and cue the white dress.

More than 400 Manitoba infants got measles vaccine since eligibility expanded: province

More than 400 children under the age of one have received the measles vaccine in Manitoba since the government expanded eligibility for the shot last month due to a growing number of cases. 

Experts say Sask. wildfires could remain ablaze until snowfall

Wildfires continue to rage in northern Saskatchewan as the province faces its worst fire season in more than a decade.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us