REGINA — Saskatchewan’s government says it will ride a strong economy to a projected razor-thin surplus in next year’s budget, but turbulent headwinds of tariffs could ultimately blow a billion-dollar hole in the spending plan.

Finance Minister Jim Reiter tabled the 2025-26 budget on Wednesday. It projects a $12-million surplus this fiscal year and even larger surpluses in the years that follow.

'If the tariffs are on for an extended period of time, it'll push us into a deficit position,' Finance Minister Jim Reiter said.{ai:summary}<p>Saskatchewan's government anticipates a slim $12-million surplus for the 2025-26 budget, buoyed by a strong economy. However, potential tariffs could jeopardize this outlook, risking a billion-dollar deficit in future spending plans. </p><p>#economy</p>

Saskatchewan budget projects $12M surplus but trade war a threat to spending plan

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