Effective Friday, September 17, a province-wide mandatory masking order will be implemented for all indoor public spaces. 

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A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

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Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Credit Rating Remains Strong Following 2021-22 Budget

Released on August 18, 2021

S&P Global Ratings has affirmed Saskatchewan's credit rating at AA with a stable outlook in a recent report.

"All three major rating agencies have now updated their credit rating and outlook for Saskatchewan following the 2021-22 Budget, and we continue to have the second-highest overall credit rating among Canadian provinces," Deputy Premier and Finance Minister Donna Harpauer said.  "We are pleased that the major rating agencies continue to have confidence in our government's fiscal and budgetary approach, despite the significant challenges posed by the global COVID-19 pandemic."

The S&P report states that "we expect that with the resumption of economic growth, the province's revenues will begin to recover, and its fiscal results will materially improve in the next two years."

The report adds that "Saskatchewan's creditworthiness is supported by what we view as the province's strong financial management ... With respect to revenue and expenditure management, the government has historically demonstrated a willingness to take corrective steps to control spending to offset revenue volatility. Debt and liquidity management policies and practices are prudent and risk averse."

S&P also noted that economic reopening and higher commodity prices should help Saskatchewan's economic rebound gain traction through the remainder of 2021.

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For more information, contact:

Brian Miller
Finance
Regina
Phone: 306-787-6605
Email: brian.miller@gov.sk.ca


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