Saskatchewan ends fiscal year with $947-million deficit, expenses in health care up
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REGINA – Saskatchewan’s government is ending the last fiscal year deep in the red.
The province’s year-end public accounts show Saskatchewan is to post a $947-million deficit for the 2025-26 year.
It’s a major swing from the $12-million surplus the province had initially projected.
The province says more spending in health care and other areas pushed it into a deficit.
Finance Minister Jim Reiter says he plans to work on reducing expenses while providing affordability relief.
The province’s net debt has increased by $1.5 billion, but Reiter says Saskatchewan continues to have a strong credit rating.
This report by The Canadian Press was first published June 30, 2026.