Canadian Manufacturing

Saskatchewan to unveil spending plan for next fiscal year

The Canadian Press
   

Canadian Manufacturing
Financing Oil & Gas COVID-19


The economic uncertainty created by the spread of COVID-19 means it's difficult to predict how much money will come in

REGINA – The Saskatchewan government will announce its spending plans for the next fiscal year without showing any revenue.

Premier Scott Moe said the economic uncertainty created by the spread of COVID-19 means it’s too difficult to predict how much money will come in.

The government said revenue forecasts that were initially in its 2020-21 budget are no longer accurate and it will likely be later this year before they are included.

The spread of the novel coronavirus has resulted in the Saskatchewan Party government changing course on what would have otherwise been a pre-election budget that Moe had been promising would be balanced.

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According to the government, spending will increase in most areas, including on the Saskatchewan Health Authority, as it deals with the COVID-19 outbreak.

There has been talk of closing the legislature to prevent the spread of the novel coronavirus.

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