Saskatchewan will run deficit, Premier Brad Wall says
Saskatchewan Premier Brad Wall says his government is facing what he calls "serious revenue shortfalls" and will run a deficit this fiscal year and next.
Wall told the Saskatchewan Urban Municipalities Association that there isn't much room for the government to make cuts, and that the struggling energy sector is partly to blame for the financial situation.
The province had already moved away from a projected surplus to a $262-million deficit when it presented a budget update last fall.
The finance minister said at the time his goal was still to balance the books, but warned that falling resource revenue was going to make that a tough challenge.
Saskatchewan will run deficit, Premier Brad Wall says - Saskatchewan - CBC News
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