National

Saskatchewan's government earmarking additional $1 billion in spending

Darpan News Desk The Canadian Press, 03 Dec, 2025 09:48 AM

Saskatchewan's government is poised to spend an extra $1 billion this year, a move that would sink the province's finances deeper into the red.

A committee meeting heard an additional expense of $813 million is required for SaskPower, the province's electrical utility.

It also heard an additional $194 million is needed to pay for carbon price fuel charges the province didn't collect.

Opposition NDP members at the meeting accused Premier Scott Moe's Saskatchewan Party government of ducking accountability, as Crown Investments Minister Jeremy Harrison and his officials did not appear at the committee to take questions.

The additional expenditures are to be presented to the assembly for a vote.

In its mid-year financial report, the province projected the deficit would grow to $427 million after initially projecting a $12-million surplus.

Picture Courtesy: THE CANADIAN PRESS/Heywood Yu

Prev Next

MORE National ARTICLES

Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

The federal government will impose 25 per cent tariffs on U.S. goods worth $29.8 billion in retaliation for steel and aluminum tariffs the administration of U.S. President Donald Trump imposed today. All countries, including Canada, were hit Wednesday with 25 per cent tariffs on steel and aluminum imports into the United States — part of Trump's attempts to realign global trade.

Canada to impose 25% tariffs on $29.8B in U.S. goods starting Thursday

White House says Trump dropping plan to double steel, aluminum tariffs

After another chaotic day in Canada-U.S. relations, U.S. President Donald Trump dropped his threat to double tariffs on Canadian steel and aluminum imports after Ontario agreed to pause a surcharge on electricity exports. White House spokesman Kush Desai confirmed a 25 per cent tariff on steel and aluminum, with no exceptions, will go into effect for Canada and all other countries on Wednesday.

White House says Trump dropping plan to double steel, aluminum tariffs

B.C. takes advantage of U.S. 'chaos,' trade war to attract more doctors and nurses

The "chaos" in the United States provides an opportunity for British Columbia to recruit more American doctors and nurses, the province's health minister said as she announced changes aimed at fast-tracking the recognition of their credentials. Josie Osborne said "now is the time" for U.S. health workers to make the move.

B.C. takes advantage of U.S. 'chaos,' trade war to attract more doctors and nurses

Ford says Trump dropping plan to double steel, aluminum tariffs

Premier Doug Ford says U.S. Commerce Secretary Howard Lutnick has committed to lowering U.S. President Donald Trump's tariff on Canadian aluminum and steel back to 25 per cent after Ontario agreed to pause a surcharge on electricity exports to the United States.

Ford says Trump dropping plan to double steel, aluminum tariffs

Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says

The British Columbia Real Estate Association says tariff uncertainty has slowed housing activity. A board report says there were 4,947 residential sales in the province last month, down 9.7 per cent from the same time last year.

Slower B.C. real estate sales blamed on U.S. tariff uncertainty, association says

Explainer: What's a recession and why is rising anxiety about it roiling markets?

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession. The tech-heavy Nasdaq stock index slipped into a correction last week, defined as a 10% drop from its most recent peak. The broader S&P 500 neared that level Tuesday.