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: