Mo said the windfall for the province was responsible for improving the government’s financial picture. Finance Minister Donna Harpower is set to lay out the details Tuesday when she outlines the province’s first-quarter financial report.
“You own the resources and you have to take advantage when the prices of those resources are high,” Mo told viewers. “So this fall we’ll be sending out a $500 tax credit check to everyone in Saskatchewan age 18 and over to help with some of those rising costs.”
Potash, oil and gas prices have risen significantly, which Mou says has “significantly improved our budget position, from deficit to surplus”.
When Harpower presented the budget in March, the province’s deficit was expected to be $463 million. The government also increased the provincial sales tax on certain items and added other new taxes in the budget.
Moe said Harpower will have more to say about the checks, as well as the deficit, during Tuesday’s media conference.
“She will also announce some other important measures, such as paying down the debt and helping our small businesses in Saskatchewan,” Moe said.
“We are able to do these things because we have a strong and growing economy. Our industries drive growth, create jobs and keep Saskatchewan strong, which means we can help you meet these rising costs.
“This is growth that works for everyone.”
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