News and Insights

Saskatchewan Budget 2014 

Tax Development Mar 19, 2014

On March 19, 2014, Finance Minister Ken Krawetz presented the 2014 Saskatchewan budget, which focuses on controlling government spending and projects a surplus of $71 million.  This budget proposes to make capital expenditures of $886.9 million directed towards infrastructure investments, in addition to proposed investments of $2.0 billion in SaskPower, SaskTel and SaskEnergy.                                  

The budget contains no new measures from a commodity perspective and no new tax increases.  From a sales tax perspective, the province noted that their provincial sales tax is not imposed on many of the goods and services subject to the GST/HST, providing tax relief to families resident in the province versus those located in a province that has harmonized their sales tax with the GST.  

Further details on the 2014 Saskatchewan budget are available on the province’s web site at: