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Saskatchewan faces a $349M deficit after removing a carbon levy and facing economic downturns.
Saskatchewan's budget has shifted from a projected $12 million surplus to a $349 million deficit, largely due to a $172 million drop in revenue from removing a carbon levy on electricity bills.
Additional factors include lower oil prices, a higher exchange rate, and extra costs for wildfire fighting.
Despite the deficit, the province's net debt-to-GDP ratio remains healthy, and it plans to continue investments in key areas like healthcare and education.
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Saskatchewan se enfrenta a un déficit de $ 349 millones después de eliminar un impuesto al carbono y enfrentarse a la recesión económica.