Saskatchewan forecasts $349 million deficit after budgeting a 12 million surplus

From a $12 million surplus to a $349 million deficit.

Saskatchewan’s first quarter budget update forecast is a total revenue of $20.9 billion, $172 million lower than the first quarter budget.

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The provincial government says it’s largely due to a reduction in net income from removing the federal carbon price levy and increased expenses such as wildfire and evacuation costs.

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