Yorkton News Review June 9, 2016

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THE NEWS REVIEW 20 Third Avenue North, Yorkton S3N 2X3

Thursday, June 9, 2016 - Volume 19, Number 17

Budget promises changes coming By DEVIN WILGER N-R Writer

The provincial budget for 2016-17 reflects a new reality in the province, with a major drop in oil revenue leading to some big changes for the province, as well as a projected $434 million deficit. Yorkton MLA Greg Ottenbreit admits that they didn’t want to run a deficit this year, but they wanted to make a budget that would keep the economy of the province rolling. The tight budget year is defined by a $958 million dollar shortfall in resource revenue, which Ottenbreit says is out of government hands but still something that they have to deal with. They also anticipate less consumer spending in the coming year, thanks to that cut of resource revenue affecting people. There are going to be no new taxes made to meet the shortfall. “We’re basically dealing with a billion dollar shortfall that we have to make up for so I think being able to deliver a $434 million dollar deficit this year was not what we wanted to do, we would prefer not to, but I think shows some pretty prudent financial decisions without impacting people too heavily.” The two big spends are health, with a budget increase, and infrastructure, especially highway construction, with $3.5 million in infrastructure spending. Ottenbreit says that while they’re not doing much in the way of new TIME TO DANCE – The Painted Hand Casino Pow Wow brought singers, dancers and drum groups from across North America to celebrate at the Farrell Agencies Arena in the Gallagher Centre. Photo by Devin Wilger.

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