The Saskatchewan government has released a fiscal update projecting a deficit of $825 million. This figure represents a slight increase into the red compared to the budget projections released in March for the 2026-27 fiscal period.
The provincial government cited rising costs in the health and agriculture sectors as primary drivers of the financial shortfall. Additionally, inflated oil prices resulting from conflict in the Middle East were insufficient to pull the budget out of the projected deficit, leaving the final figure nearly static at $825.2 million.
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Toronto Star (Toronto, Canada) (CA)Highlights Middle East oil prices failing to offset provincial deficit