Saskatchewan is back on track. The province's economy is growing past pre-pandemic levels. Saskatchewan's finances are strong, and its fiscal plan to balance is on track.
This budget strengthens and protect Saskatchewan, with record investment into priority programs and services in health care, education, social services, and the protection of people and property.
- Keeping life affordable with combined taxes and household utility costs among the lowest in Canada.
- Responsible management of the province's finances has secured Saskatchewan the second highest credit ratings in Canada.
- Saskatchewan's real GDP is expected to have grown by 3.5 per cent in 2021 and is expected to grow by 3.7 per cent this year, a significant recovery from the 4.9 per cent contraction in 2020 caused by the pandemic.
- A dozen companies ranging from BHP, to Richardson International, to Federated Co-operatives and AGT have announced investments of more than $13.6 billion into projects related to oilseed crushing and refinery, potash, pulp mill, renewable diesel and others.
- Investments into the value-added agriculture, mining, forestry and oil and gas sectors are projected to create nearly 9,000 construction jobs and more than 2,300 permanent jobs when construction is complete.