Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.

Les ministères, sociétés d’État et organismes du gouvernement de la Saskatchewan mettent en œuvre des plans d’urgence visant à réduire les répercussions de l’interruption du service des postes.

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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.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

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.

Saskatchewan's Aa1 (stable) credit rating affirmed by Moody's Investors Service

Released on August 1, 2023

Moody's Investors Service has affirmed Saskatchewan's Aa1 (stable) credit rating and outlook.

"We are pleased that all three major rating agencies have affirmed their credit ratings for our province," Deputy Premier and Finance Minister Donna Harpauer said. "Moody's report and affirmation reflect we are headed in the right direction. Saskatchewan's financial outlook remains strong, and we will continue to be fiscally responsible by paying down debt while investing in programs and services that impact the lives of Saskatchewan people." 

Saskatchewan currently has the second-highest credit rating among the provinces when all three major rating agencies are considered. In June 2023, S&P Global Ratings affirmed Saskatchewan at its highest credit rating among the provinces, and in July 2023, DBRS Morningstar affirmed Saskatchewan's AA (low) credit rating.

In their release Moody's states: "The province maintains high levels of liquidity along with a debt burden which is the lowest among provincial peers, supporting strong debt affordability and low refinancing risks."

Saskatchewan has the second lowest net-debt to GDP ratio among the provinces. Private sector forecasts have Saskatchewan experiencing real GDP growth of 1.7 per cent in 2023, the second highest amongst provinces. 

Saskatchewan continues to experience strong employment, with the third lowest unemployment rate 4.7 per cent among the provinces in June, well below the national average of 5.4 per cent.

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For more information, contact:

Erin Luc
Finance
Regina
Phone: 306-787-6627
Email: erin.luc@gov.sk.ca

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