Budget by the numbers
- Forecasted total revenue of $14.17 billion
- Forecasted total spending of $14.80 billion
- Forecasted deficit of $685 million
Taxes
- Provincial sales tax (PST) increasing from five per cent to six per cent
- PST now applies to children’s clothing, restaurant meals, snack foods and insurance premiums
- Elimination of exemption for bulk purchases of gasoline; exemption for bulk purchases for diesel fuel down to 80 per cent
- Continued exemption for used cars, but value of trade-in no longer deductible in determining the PST on purchase price of new vehicle
- Increased tobacco taxes, alcohol markups
- Elimination of Employee Tool Tax Credit
- Suspension of indexation of Personal Income Tax
- Reduction of Labour-Sponsored Venture Capital Tax Credit rate
- Increase in Corporation Capital Tax on large financial institutions
- Increase of Low-Income Tax Credit by $100 per adult and $40 per child
- Government says these changes will add $900 million to incremental tax revenue
Education
- Education Property Tax increasing to give 40 per cent of funding to Kindergarten to Grade 12 education
- $48.3 million to complete construction projects on sites in Martensville, Regina, Saskatoon and Warman
- $43.2 million for maintaining and renewing schools
- $21.8 million for ongoing projects
- Elimination of personal income tax credits for education and tuition expenses
- $55.8 million for child care funding – 889 childcare spaces created
- Province’s 28 school divisions given $1.86 billion for school operating funding
- $3.5 million in operating funding for libraries
Advanced education
- Graduate Retention Program will continue to offer up to $20,000 in income tax credits for graduates living and working in Saskatchewan
- $26 million for Student Aid Fund for student grants and loans
- $12 million for scholarships
- $8 million for Saskatchewan Advantage Grant for Education – which will be suspended on Jan. 1, 2018
- Reduction in base operation funding by five per cent for all post-secondary institutions
Health
- $5.2 billion for core health services and infrastructure
- $15.5 million for the Children’s Hospital of Saskatchewan
- $155.0 million to continue construction on Saskatchewan Hospital North Battleford – Integrated Correctional Facility
- $3.5 million for electrical system renewal at Regina hospitals
- $6.7 million for the Leader Integrated Health Facility
- Special care home fees increasing for some residents
- $170 million to Saskatchewan Cancer Agency to provide cancer treatment to patients
Social services
- $256 million for Child and Family Programs
- $209 million for Disability Programs
- First Home Plan for recent graduates suspended
Economy
- $1.4 million for Petroleum and Natural Gas Division
- $1.0 million for Canada Saskatchewan Job Grant
- $25 million for Remediation of Contaminated sites
- Elimination of Skills Training Benefit, Student Summer Works
- $2.0 million decrease to Adult Basic Education Program – with an effort to standardize length of programs
- $2.1 million decrease to the Saskatchewan Apprenticeship and Trade Certification Commission
Other
- Agriculture budget of $388 million
- Saskatchewan Pastures Program ending
- Work continuing on 990 kilometres of provincial highways
- Province’s 13 commercial shortline railways given first opportunity to buy Saskatchewan’s 900 grain cars as Saskatchewan Grain Corporation ends
- Sask. government taking on management of Wascana Centre
- Saskatchewan Transportation Company will end May 2017