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Published Jun 30, 2025 " Last updated 8 hours ago " 1 minute read
Saskatchewan Finance Minister Jim Reiter Photo by KAYLE NEIS /Regina Leader-Post REGINA Saskatchewans government says its finishing the last fiscal year with a $249-million deficit.
The province says the deficit is slightly smaller than the $273-million deficit it projected in the 2024-25 budget.
Revenue increased from budget last year while expenses also grew, Finance Minister Jim Reiter said in a statement.
We are continuing to make investments that deliver on what the people of Saskatchewan have said is important to them affordability, health care, education, community safety and fiscal responsibility.
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The province received $990 million more in revenues, which includes a large settlement from tobacco companies.
Expenses were up by $970 million due to increases in health, agriculture and natural resources.
Saskatchewans net debt increased by $1.3 billion due to investments into roads, schools and hospitals.
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