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2025-26 Public Accounts Volume 2 Released
Source: Saskatchewan - Government News
Date: 2026-10-29 23:00:00.0
Tags: [Saskatchewan, Finance, Governance, Taxation]The Government of Saskatchewan released the 2025-26 Public Accounts Volume 2, detailing expense and revenue information for ministries, the Legislative Assembly, and its officers from the General Revenue Fund. Deputy Premier and Finance Minister Jim Reiter noted that ministry travel expenses reached $45.1 million in 2025-26, representing a 1.1 per cent or $0.5 million increase from the previous year. Meanwhile, government-wide communications expenses decreased by $1.2 million to $12.1 million in 2025-26 compared to $13.3 million in 2024-25, continuing a 28 per cent reduction from $16.8 million in 2007-08. The report also includes pension plan and trust fund balances, a Statement of Remission of Taxes and Fees, and the Road Use Fuel Tax Accountability Report, following the release of Volume 1 on June 30, 2026.
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Saskatchewan Assessment Management Agency Operating Effectively: Independent Review
Source: Saskatchewan - Government News
Date: 2026-10-26 23:00:00.0
Tags: [Saskatchewan, Taxation, Governance, Infrastructure]The Government of Saskatchewan released an independent review conducted by Upfront Consulting regarding the Saskatchewan Assessment Management Agency (SAMA), which manages a property assessment base valued at over $278 billion supporting approximately $2.63 billion in annual municipal and education property taxes. The review concluded that SAMA is operating effectively with strong professional competence and management capacity, while identifying four specific areas for improvement: board member appointments, advisory committees, stakeholder engagement, and conflict of interest guidelines. Government Relations Minister Eric Schmalz and SAMA CEO Shaun Cooney noted that the findings will be used to enhance transparency, stakeholder participation, and the province's property revaluation cycle.
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Small Businesses are the Backbone of Saskatchewan's Economy
Source: Saskatchewan - Government News
Date: 2026-10-21 02:00:00.0
Tags: [Saskatchewan, Economy, Taxation, Industry, Labour]The Government of Saskatchewan recognized Small Business Week for October 19 to 25, 2026, and released the Saskatchewan Small Business Profile by the Ministry of Trade and Export Development. The report notes that the province is home to 156,850 small businesses (defined federally as having fewer than 50 employees), which accounted for 98.8 percent of all businesses in 2025, employed approximately 30 percent of the provincial workforce, and provided over $8.3 billion in wages and salaries. The province maintains a permanent small business tax rate of 1 percent and has increased the small business income threshold from $500,000 to $600,000.
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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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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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Saskatchewan Brewers and Distillers Support 50 Per Cent Levy on Alcohol Imports from the United States of America
Source: Saskatchewan - Government News
Date: 2026-09-01 22:00:00.0
Tags: [Saskatchewan, Trade, Economy, Taxation, Industry]In response to a 50 per cent tariff enacted by the United States on Canadian alcohol on August 22, 2026, the Government of Saskatchewan implemented a reciprocal 50 per cent levy on U.S.-origin alcohol imports effective September 8, 2026. The Saskatchewan Liquor and Gaming Authority updated its online ordering system to apply the levy to all United States produced alcohol ordered by retailers as of that date. Several provincial industry leaders—including 9 Mile Legacy Brewing Co Ltd. CEO Shawn Moen, Sherwood Co-op CEO Troy Verboom, Last Mountain Distillery CEO Meredith Smidt, Black Fox Farm & Distillery, and Great Western Brewing Company CEO Micheal Brennan—voiced support for the measure, framing it as an encouragement for consumers to choose locally made products. The provincial government continues to advocate for the removal of cross-border trade barriers and a negotiated resolution.
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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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Saskatchewan Responds to United States Trade Measures with Levy on American Alcohol
Source: Saskatchewan - Government News
Date: 2026-08-27 21:30:00.0
Tags: [Saskatchewan, Trade, Economy, Taxation, Industry]In response to a 50 per cent tariff enacted by the United States on Canadian alcohol on August 22, 2026, the Government of Saskatchewan announced a reciprocal 50 per cent levy on U.S.-origin alcohol imported into the province. Effective September 8, 2026, the levy will apply to all U.S. produced alcohol ordered through the Saskatchewan Liquor and Gaming Authority online ordering system. Deputy Premier and Minister of Finance Jim Reiter stated that the measure aims to defend provincial industries and exporters while encouraging a return to tariff-free trade.
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