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Saskatchewan Provincial Budget 2016-17

Tagline: Keep Saskatchewan Strong - Provincial Budget 2016-17

The 2016-17 Budget will keep Saskatchewan strong by keeping taxes low, by controlling operational spending and by continuing to make key investments in infrastructure and people.

These are challenging times and the strength of the province is being tested.

Budget 2016-17 builds on a solid foundation. Government is taking steps to improve the province’s fiscal picture and return to balance.

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1. No New Taxes

The level of taxation is an important factor in the quality of life in Saskatchewan, which helps to attract people, business and investment to the province.

  • Since 2007, nearly $6 billion in tax reductions for families, individuals, homeowners, businesses and farmers
  • Among the lowest personal and business tax burdens in Canada, according to a recent Conference Board of Canada report
2016 Average Taxes and Utilities Bar Chart
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2. Controlling Spending

Budget 2016-17 includes difficult but necessary decisions to ensure the sustainability of valuable services to the people of Saskatchewan.  Government opted for a manageable deficit rather than making severe cuts to programs and services, or increasing the tax burden on Saskatchewan people and businesses.

  • Total revenue forecast of $14.02 billion
  • Total expense forecast of $14.46 billion
  • Projected deficit of $434 million

Examples of controlled spending

  • Modest expense growth of 2.0%
  • Regional Health Authorities reducing administrative expense by $7.5 million and reinvesting that money into front-line staff to improve care for seniors in long-term care
  • Changes to programs and services to ensure sustainability and manage costs
  • Beginning a government-wide exercise of transformational change to ensure high quality public services delivered in the most effective, efficient way

Government is committed to returning to balance in 2017-18.


Continued strong investments in priority areas

2016-17 Spending Breakdown

Composition of 2016-17 Expenses Pie Chart

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3. Investing in People

This budget ensures a better quality of life by investing in people.

Investing in People Infographic  - Saskatchewan Budget 2016-17

  • Continued investments to support seniors at home and in long-term care
  • 199 previously approved child care spaces will be available
  • Increased supports for at-risk and medically fragile children and youth
  • Enhanced programming for people with disabilities
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4. Investing in Health and Education

Total Health Spending

Total health care spending for this year is nearly $5.6 billion, which is a new record. Much of the increased funding will go to compensate front-line health care workers who provide quality care to the people of Saskatchewan and to key initiatives, including:

  • $28 million increase (or in additional funding) to keep reducing surgical and diagnostic wait times
  • An increase of $9.8 million for 15 additional cancer drugs and cancer care

Investing in Health Care Infographic - Saskatchewan Budget 2016-17

Education

  • $53 million in direct supports for post-secondary students, including bursaries, student loans and student aid, and grants
  • $4 million increase in funding for K-12 classroom supports to help address enrolment growth
  • $8 million for new First Home program which allow eligible post-secondary graduates to borrow against GRP tax credits, for an interest-free loan for a down payment on their first home
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5. Investing in Communities

Investing in Communities Infographic - Saskatchewan Budget 2016-17

Revenue sharing helps communities meet the needs of people in cities, towns, villages in rural Saskatchewan.

Investing in Agribusiness

  • Nearly $255 million to fully fund agricultural business risk management programs, including Crop Insurance
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6. Investing in Infrastructure

Continued record investments will keep Saskatchewan strong and will show a return now and in the future. Infrastructure establishes the structural framework to help the province’s economy and supports construction jobs when other sectors are feeling the downturn.

Investing in Infrastructure Infographic - Saskatchewan Budget 2016-17

  • Nearly $400 million for K-12 schools and education capital
  • $1.15 billion to fix more roads, build new overpasses, twin more highways and add new passing lanes
  • Nearly $1.8 billion will be invested in capital projects by Saskatchewan’s commercial Crown corporations

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