Overview

• The province now forecasts 2025–26 revenue of $20.9 billion against expenses of $21.2 billion.
• Revenue is $172 million below budget, including a $163 million decline in SaskPower net income linked to the levy change.
• Expenses are $189 million higher than planned, with an $80 million increase for wildfire response and $115 million more for pensions.
• Non-renewable resource revenue is projected to fall by about $30 million due to lower oil prices and a stronger Canadian dollar.
• Officials say finances remain stable, project a 14.5% net debt-to-GDP ratio, continue talks with Ottawa on industrial carbon pricing, and plan to formalize wildfire funding by special warrant on Aug. 25.