Funny.
Ontario's deficit is going down.
Huh.
Saskatchewan hikes projected deficit as oil prices fall
The plunging price of oil is pushing the Saskatchewan government’s budget further into the red.
Finance Minister Kevin Doherty says the government is now forecasting a deficit of $427 million for the current fiscal year — up $165 million from the mid-year forecast.
Doherty says apart from $100 million to cover forest fire costs, the government was able to control spending.
The big hit comes on the revenue side.
Revenue at third quarter was down $428 million from when the budget was tabled last March, largely because revenue from non-renewable resources is down $617 million.
This is the last look that Saskatchewan residents will get at the books before heading to the polls April 4.
Saskatchewan hikes projected deficit as oil prices fall - The Globe and Mail
Ontario's deficit is going down.
Huh.
Saskatchewan hikes projected deficit as oil prices fall
The plunging price of oil is pushing the Saskatchewan government’s budget further into the red.
Finance Minister Kevin Doherty says the government is now forecasting a deficit of $427 million for the current fiscal year — up $165 million from the mid-year forecast.
Doherty says apart from $100 million to cover forest fire costs, the government was able to control spending.
The big hit comes on the revenue side.
Revenue at third quarter was down $428 million from when the budget was tabled last March, largely because revenue from non-renewable resources is down $617 million.
This is the last look that Saskatchewan residents will get at the books before heading to the polls April 4.
Saskatchewan hikes projected deficit as oil prices fall - The Globe and Mail