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Crown Sector 2025-26 Payee Disclosure Report Released
Source: Saskatchewan - Government News
Date: 2026-10-29 22:00:00.0
Tags: [Saskatchewan, Finance, Governance, Economy, Indigenous]The Crown Investments Corporation (CIC) tabled the Crown sector's 2025-26 Payee Disclosure Report with The Standing Committee on Crown and Central Agencies, detailing sector payments between April 1, 2025, and March 31, 2026. CIC provided $68 million in dividends to Saskatchewan's General Revenue Fund, while total Crown procurement reached $2.1 billion, including $1.5 billion awarded to Saskatchewan suppliers and $152 million to Indigenous suppliers. Crown corporations employed over 11,000 people with total remuneration of just over $1.3 billion, and contributed over $35 million in grants, donations, and sponsorships to organizations like STARS air ambulance and the sector-wide Indigenous Bursary Program. The report lists ministerial and board expenses, supplier payments over $50,000, employee remuneration exceeding $50,000, and grants greater than $5,000 in accordance with Standing Committee guidelines.
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Provinces call on Ottawa to expand mining credit
Source: Global News Politics
Date: 2026-10-10 12:17:12.0
Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.
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Wholesale Trade Stands Strong in Saskatchewan
Source: Saskatchewan - Government News
Date: 2026-09-15 23:00:00.0
Tags: [Saskatchewan, Economy, Trade, Industry, Finance]According to Statistics Canada figures reported by the Government of Saskatchewan, the province's wholesale trade increased by 17.9 per cent in July 2026 compared to July 2025, reaching a total value of $5.3 billion (excluding petroleum, hydrocarbons, oilseeds, and grain) and ranking second among Canadian provinces. Additionally, Saskatchewan's 2025 real GDP reached an all-time high of $85.4 billion, representing a 2.2 per cent increase that exceeded the national average of 1.7 per cent. Private capital investment in the province rose by 12 per cent last year to reach $13.6 billion, ranking first nationally, driven by the province's Securing the Next Decade of Growth: Saskatchewan's Investment Attraction Strategy.
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Strong and Steady: Saskatchewan Maintains Top Provincial Credit Rating
Source: Saskatchewan - Government News
Date: 2026-09-14 21:00:00.0
Tags: [Saskatchewan, Finance, Taxation, Economy, Affordability]Moody's Investors Service, Morningstar DBRS, and S&P Global have affirmed Saskatchewan's top provincial credit ratings (Aa1, AA (low), and AA respectively) with stable outlooks, citing strong financial management and a manageable debt burden. Deputy Premier and Minister of Finance Jim Reiter noted that the province's economic strength supports the 2026-27 Budget, which implements the second year of a four-year provincial income tax reduction plan providing approximately $200 million in savings. Under this plan, a family of four pays no provincial income tax on their first $65,000 of income, representing the highest threshold in Canada. Furthermore, Saskatchewan projects real Gross Domestic Product growth to rank third-highest among provinces in 2026 and second-highest in 2027, alongside maintaining the second-lowest net-debt-to-GDP ratio in the country.
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Government of Saskatchewan Releases 2026-27 First Quarter Report
Source: Saskatchewan - Government News
Date: 2026-08-27 22:00:00.0
Tags: [Saskatchewan, Finance, Economy, Taxation]The Government of Saskatchewan released its 2026-27 First Quarter Report, forecasting an $825 million deficit with total revenue of $21.7 billion and total expenses of $22.6 billion, compared to the initially projected $819 million deficit. Total revenue is $331 million higher than budget due to non-renewable resource revenues increasing by $320 million, driven by West Texas Intermediate oil prices rising to US $75.00 per barrel. Conversely, total expenses increased by $337 million over budget due to healthcare service demand pressures, compensation costs, flood-related response efforts, and higher Crop Insurance claims from unseeded acres. The province's net debt-to-GDP ratio is projected to improve to 14.9 per cent by March 31, 2027, with real GDP growth expected to rank third-highest among provinces in 2026 and second-highest in 2027.
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