Saskatchewan to post $12M budget surplus amid tariff headwinds


Source: sootoday.com sootoday.com

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REGINA — Saskatchewan’s government says it will ride a strong economy to a projected razor-thin surplus in next year’s budget, but turbulent headwinds of tariffs could ultimately blow a billion-dollar hole in the spending plan. Finance Minister Jim Reiter tabled the 2025-26 budget on Wednesday. It projects a $12-million surplus this fiscal year and even larger surpluses in the years that follow. However, it doesn't put aside money to offset potential massive losses, as Canada fights an ongoing trade war with the United States and faces one with China starting this week. Reiter said it wasn't possible to build the...