CP NewsAlert: Saskatchewan introduces budget with projected $819M deficit

By Canadian Press on March 18, 2026.

REGINA — Saskatchewan has introduced a new budget that avoids tax hikes and program cuts but carries with it a big deficit.

Premier Scott Moe’s Saskatchewan Party government spending plan for 2026-27 projects the bottom line will be $819 million in the red.

The government also predicts more deficits in the years to follow.

Finance Minister Jim Reiter says the province is protecting public services by not making cuts or raising taxes.

The budget shows the province plans to spend nearly an extra $1.2 billion, with most of the dollars going to health care, education, social services and policing.

Revenues are also projected to be up by $360 million, largely due to the province receiving more provincial sales taxes, but it expects less money from natural resources.

More coming.

Jeremy Simes, The Canadian Press