covidDollars and SenseNationalNews

Finance Minister Says Economy Won’t Return to Pre-Coronavirus Levels Until 2022

Source: Mickey Djuric, globalnews.ca, August 28, 2020

At the first quarter, revenue is forecasted to be $14.05 billion, an increase of 2.9 per cent over what the 2020-21 budget forecasted.

Following the economic turmoil from the coronavirus pandemic, the government of Saskatchewan says the province’s budget will return to a surplus in 2024-25.

On Thursday, the provincial government released its first quarter budget update, which forecasts a $2.1 billion deficit, $296 million less than previously projected.

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