Signalling.

17 Replies to “Signalling.”

1. Good for Premier Wall and his government. It is much better to make strategic cuts than take the province deeper into debt. In our family, with the ups and downs of farming income, we have had to do this many times during our forty plus years of farming. That way we did not get into a financial bind. Those farmers that kept spending got into trouble and had to leave the business. Money management in a province should be like money management in any business, or for that matter, even in the money management of an employed family.

2. We should probably give the SU Nurses another big fat pay hike and allow them to further dictate their terms of employment just to keep them on board with the cuts and changes that are coming. It worked after the last election!

3. Hopefully Wall learnt his lesson last time and won’t cave to the greedy unions!!

4. I’m quite confident that SUN, SEIU, SGEU, etc. will be understanding and tighten their belts accordingly for the good of the province. Not!

5. Time to cut off transfer payments!

6. Toad,
   Don’t talk crazy! Just because you’ve lost revenue and are going into debt doesn’t mean that you get to stop your payments to keep Quebec in Canada!

7. Wow ! Sorry for my ignorance, but I had no idea there was a large-enough population in Sask. to generate a $ 1 bil. Deficit … DEFICIT !

8. $1000 for every man, woman and child…give or take.

9. Not-Wall-bucks?

10. I guess that’s not so bad … compared to the US deficit, which is somewhere between $ 40-45,000.00 per person. Now what percentage of Sask. GDP does that represent ? Inotherwords, does the Prov. have the ability to cover the debt ? Do all your first peoples carve totems for sale ? Weave baskets ?
    Oh well, a billion here, a billion there … pretty soon, you’re talking about REAL $$$$$

11. Kenji, that’s not the deficit, it’s the projected shortfall. Big difference.

12. And Ontario in rainbow coloured flags.

13. It is amazing the number of people that get the two confused. I expect that Kenji does know the difference though.

14. Don’t make cuts to the civil service, instead enact a carbon tax and boost taxes on booze and cigarettes,Brad. It’s the Canadian way.

15. Ken,
    The press release can be a little confusing as it relates to a drop in expected natural resource revenue, not a deficit or debt announcement. But for those truly interested in Saskatchewan…
    2015-2016 expected revenue was $14.28 with a small $128 million surplus.
    Now the government expects a drop in revenue of $1 billion, reducing their expected revenue to $13.28 with a resulting deficit of $862 million if they do nothing.
    But the government is revising its deficit estimate to $259 million which means it will announce about $600 million in reduced spending.
    Total debt in Saskatchewan is $5.92 billion.
    There are approximately 1.11 million Saskatchewan residents.
    Debt per person is $5,190, one of the lowest in Canada.
    Total number of First Nations people in Saskatchewan is just over 10% of the population.

16. I’d fire half the gubmint employees and cut the pay of the other half in half just for starters.

17. Thanks, for getting my back, KK … Yes, I know the difference. However experience teaches that a shortfall is almost ALWAYS rapidly converted to a deficit. I almost consider them equally.