Tax Highlights from the 2023 Saskatchewan Budget

Minister of Finance Donna Harpauer tabled the 2023/24 Saskatchewan provincial budget on March 22, 2023.

The budget projects a surplus of $1.0 billion for the upcoming 2023/24 fiscal year and projects a pay down of up to $1.0 billion in operating debt. The budget also projects surpluses of $200 million for 2024/25 and $134 million for 2025/26. The forecast surplus for the almost completed 2022/23 fiscal year now stands at $1.1 billion, compared to the projected deficit of $463 million due to a 14.7 % increase in revenues from last year’s budget. Read more here.

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