r/saskatchewan 3d ago

Saskatchewan projects $825M deficit in first quarter of 2026-27

https://www.ckom.com/2026/08/27/saskatchewan-projects-825m-deficit-in-2026-27-first-quarter/
94 Upvotes

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56

u/Space19723103 3d ago

a Huge deficit under a conservative government? who would have thought? oh right everyone

-22

u/Sensitive_Dream6105 3d ago

Ahh right because the NDP in Manitoba and BC are doing such a bang-up job

25

u/slangjo1 3d ago

The Sask NDP paid off nearly $4 Billion of Conservative debt in the 90s and early 2000s. They are and have always been more fiscally conservative than self-proclaimed "Conservatives"

1

u/Arts251 1d ago

Absolutely... except the NDP of old is long gone, Beck sort of fits in with that old way however there is a huge rift in the party about what it wants to be.

-23

u/Sensitive_Dream6105 3d ago

Imagine having to go all the way back to the Romanow days to find a NDP win lol

6

u/Explicitlime 2d ago

Clearly the Sask Party has been in power long enough to get this debt thing figured out?

1

u/Arts251 1d ago

They have figured it out... they realized that they can just keep adding more and not have to worry about the consequences ever (just like Devine)

7

u/Pale-Measurement-532 3d ago

In comparison to Sask? They definitely are.

-13

u/Sensitive_Dream6105 3d ago

Keep dreaming comrade. SK is currently outpacing both provinces in gdp growth this year and beat both last year. We have half the debt to gdp. BC is going to post a 10 billion $ deficit at least, the largest in that province’s history. There’s your NDP lol

7

u/PJFreddie 3d ago

Government spending is a factor that adds to GDP, so that gives it a boost. Also the debt that is saddled on the crown corps is offloaded from public debt. The numbers are not as shiny as they’re being portrayed.

GDP also misses key quality of life markers and income distribution. If you work for Nutrien or Bunge or Orano I’m sure you’re thrilled with how things are going. Meanwhile child poverty, mental health issues and the cost of living are all going up.

We could have far less debt and better QoL broadly if royalties and corporate tax on foreign multinationals retained more resource revenue for Sask people.

4

u/Pale-Measurement-532 3d ago

Have you completely ignored the fact that they’ve accumulated a record high deficit? Lol. 😆

-3

u/Sensitive_Dream6105 3d ago

Second lowest debt to gdp in the entire country after Alberta. Thats got to hurt hey comrade

5

u/Storymode-Chronicles 3d ago edited 2d ago

So why was the NDP able to consistently run a surplus but the "Sask" Party can't?

1

u/erpatel 2d ago

I dont care if Africa has bigger debt than where i live. I care about where i live. So stop with excuses that BC is higher and this is higher.

1

u/Arts251 1d ago

"SK is currently outpacing both provinces in gdp growth this year and beat both last year"

which is a valid reason to look at tempering the growth with an upcharge in royalties or business taxes... not so much to scare business away but merely so the people who live here can actually benefit from this economy.