$2.5 Million Increase to Funding for SARCAN
The 2017-18 Provincial Budget maintains the Saskatchewan government’s major investments in programs and partnership initiatives that help create opportunities for First Nations and Métis people.
Crown Investments Minister Joe Hargrave today announced that operating and capital subsidies to the Saskatchewan Transportation Company (STC) will end in 2017-18, leading to the company being wound down. Freight will continue to be accepted for delivery until May 19, and passenger services will cease May 31, 2017.
Saskatchewan is investing $5.2 billion this year in core health services and infrastructure to meet the health care needs of Saskatchewan people. The 2017-18 Health budget has increased $38.6 million (0.7 per cent) from 2016-17 and more than 51 per cent since 2007.
The 2017-18 Provincial Budget is providing a major increase in infrastructure investment to help Saskatchewan municipalities meet the needs and challenges of their communities and regions.
More than $3.7 billion will be invested in Saskatchewan’s infrastructure in 2017-18, as part of the budget announced today by Finance Minister Kevin Doherty.
The Ministry of Agriculture’s Budget for 2017-18 of $388.6 million continues to support Saskatchewan’s strong agriculture industry. Business risk management programs will be fully funded with an investment of $264.1 million, an increase of almost four per cent.
The 2017-18 Budget continues to improve the Saskatchewan advantage for business investment and job creation by introducing a number of targeted initiatives.
The 2017-18 Budget continues to invest in post-secondary students while controlling costs to help meet the financial challenge facing the province.
The 2017-18 Budget will see a significant enhancement to the regulatory oversight of the oil and gas industry.