REGINA — Agriculture spending in Saskatchewan is pegged at $1.5 billion for the upcoming fiscal year, up $81.7 million. That includes ministry estimates of about $571 million, plus spending that occurs across government for agricultural programs. The 2024-25 budget announced March 20 projects AgriStability costs will rise by $110 million, based on federal forecasts, and […] Read more
Tag Archives Sask. budget
Crop insurance costs increase Sask. ag spending
Recent provincial budget includes $462.4 million for the agriculture department, which is up from $387 million last year
Agricultural stakeholders said they were happy with the Saskatchewan budget released March 23. But what they really want is rain after the widespread and devastating drought last year. Projected spending within the ministry is up considerably due mainly to a $70-million increase in crop insurance premium costs. Total spending is estimated at $462.4 million, up […] Read more
Sask. budget increases agricultural spending
Most of the increase will cover business risk management changes, including crop insurance, AgriStability and AgriInvest
The April 6 Saskatchewan budget added $23.1 million to agricultural spending for this fiscal year, pushing it to $386.97 million. Most of the increase is for business risk management spending to cover a rise in crop insurance premium costs, the recent removal of the AgriStability reference margin limit and an extra $2.7 million for AgriInvest. […] Read more
Sask. budget boosts ag spending
Saskatchewan’s second pandemic budget contains extra money for agriculture. Finance minister Donna Harpauer delivered the 2021-22 budget April 6. It includes agriculture estimates of $386.97 million, up from last year’s estimate of $363.9 million. The bulk of that increase is for business risk management spending, which is up about $20 million to cover off the […] Read more
Sask. unveils pandemic budget
Saskatchewan introduced what it called its pandemic budget June 15. The government expects to run a $2.4 billion deficit for 2020-21 due to the COVID-19 virus and its effects on the economy. The budget forecasts revenues of $13.65 billion, down $1.2 billion from the previous year, and spending of $16.07 billion, up $1.1 billion. About […] Read more
Sask. anticipates spending less on business risk programs
The Saskatchewan budget scheduled for March 18 turned out to be a non-event as the Legislature shut down amid COVID-19 concerns. Earlier that day the government announced a spending plan of $14.15 billion, but couldn’t say how much the virus will cost the health system or how much revenue the province could expect to take […] Read more
Less money for ag as Sask. releases spending estimates
Citing the unprecedented events sparked by the COVID-19 pandemic, the Saskatchewan government released only a partial budget March 18. Spending estimates totaling $14.15 billion were announced but revenue forecasts won’t come until a later date, said finance minister Donna Harpauer. The province has access to $1.3 billion in cash if it needs it, she said, […] Read more
No-surprise budget pleases Sask. farm groups
Budget increases agriculture ministry spending by three percent and assumes crop production will be similar to last year
Saskatchewan Finance Minister Donna Harpauer says crop failure is one of her biggest concerns in revealing a provincial budget with a slim surplus. The minister released the 2019-20 budget March 20. It contains a $34.4 million surplus on revenues of $15.03 billion and expenses of $14.99 billion. “If we had a province wide or even […] Read more
Sask. budget focuses on health, education and highways
Saskatchewan’s 2019-20 budget contains a slim $34.4 million surplus on no new taxes or tax increases and no increase to the operating debt. Calling it “The Right Balance,” Finance Minister Donna Harpauer said the budget focuses on providing services in health, education, social services and highway safety. “It balances much-needed investments with carefully managed spending […] Read more
Sask. budget forecasts $365 million deficit
Despite concern about tax hikes and extensive cuts, the Saskatchewan budget released today contained no huge moves one way or the other. There was no PST hike, as some expected, and there were no large cuts similar to those seen last year such as the closure of the Saskatchewan Transportation Co. Instead, Finance Minister Donna […] Read more
