Saskatchewan is forecasting a deficit of $427 million at mid-year, an increase of $79 million from the first quarter. This compares to a projected $12 million surplus in the 2025-26 Budget. Despite lower oil prices and the impact of global tariffs, Saskatchewan’s economy remains one of the best-performing provincial economies in Canada, with the lowest deficit per capita among provinces and the federal government by a considerable margin.

Read more: https://www.saskatchewan.ca/government/news-and-media/2025/november/25/government-of-saskatchewan-releases-mid-year-report