Bububu Sasquatchewan is supposed to be the shining beacon of economic prosperity.
Sask. Premier welcomes stimulus money into the province
Saskatchewan's premier is welcoming news that Prime Minister Justin Trudeau could decide to focus initial stimulus efforts between Saskatchewan and Alberta.
Brad Wall said he was hopeful to see a report by Bloomberg News, which said the federal government is in talks to allocate $1 billion for infrastructure projects in the two oil-producing provinces.
"This is very hopeful," Wall said. "If it's true that the federal government is indeed looking at some specific ways to help the West, with respect to the economic challenges that are being faced in the energy sector, it is very positive."
Wall said the slump in oil prices will be a "deeper challenge in the energy sector and a longer lasting one than people were expecting." He added that during a conversation with Trudeau on Monday, they spoke about how Saskatchewan will be contributing roughly half-a-billion dollars to equalization this year, but will not receive money back.
"One way the federal government could recognize the fact that Alberta and Saskatchewan taxpayers are funding equalization this year without money coming back, is perhaps to provide a little more assistance in infrastructure than we would otherwise be … eligible for on a population basis," Wall said.
Sask. Premier welcomes stimulus money into the province - Canada - CBC News
Sask. Premier welcomes stimulus money into the province
Saskatchewan's premier is welcoming news that Prime Minister Justin Trudeau could decide to focus initial stimulus efforts between Saskatchewan and Alberta.
Brad Wall said he was hopeful to see a report by Bloomberg News, which said the federal government is in talks to allocate $1 billion for infrastructure projects in the two oil-producing provinces.
"This is very hopeful," Wall said. "If it's true that the federal government is indeed looking at some specific ways to help the West, with respect to the economic challenges that are being faced in the energy sector, it is very positive."
Wall said the slump in oil prices will be a "deeper challenge in the energy sector and a longer lasting one than people were expecting." He added that during a conversation with Trudeau on Monday, they spoke about how Saskatchewan will be contributing roughly half-a-billion dollars to equalization this year, but will not receive money back.
"One way the federal government could recognize the fact that Alberta and Saskatchewan taxpayers are funding equalization this year without money coming back, is perhaps to provide a little more assistance in infrastructure than we would otherwise be … eligible for on a population basis," Wall said.
Sask. Premier welcomes stimulus money into the province - Canada - CBC News
