The Government of Saskatchewan is forecasting a significantly deeper deficit than planned, driven by an expensive wildfire season, rising health-care costs and a sharp decline in revenue from the provincial Crown power utility.

In the 2025-26 Mid-Year Report released Monday, Finance Minister Jim Reiter projected a deficit of $427 million. This represents a stark turnaround from the $12-million surplus originally forecast in the spring budget.

Expenses are up $521 million from budget estimates. The primary drivers include an additional $295 million for the Saskatchewan Public Safety Agency to fight an unprecedented wildfire season and $250 million to address utilization pressures in the health-care system.

“Saskatchewan’s economy remains resilient in the face of global economic uncertain

See Full Page