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Government budget and revenue in Saskatchewan, Canada: official figures

The provincial government of Saskatchewan took in $22.0 billion of revenue in the 2024/25 fiscal year (Statistics Canada government finance statistics, reference year 2024), or $17,641 per resident; 5th highest of 13 provinces and territories per resident. Revenue was $22.1 billion a year earlier.

Government revenue
$22.0 billion
2024/25
Government expense
$24.0 billion
2024/25

How much does the government of Saskatchewan spend?

Expenses of the government of Saskatchewan came to $24.0 billion in 2024/25, $19,278 per resident (5th highest of 13 provinces and territories), against $22.8 billion in the previous year.

Source: Statistics Canada · saved copy

Does the government of Saskatchewan have a deficit?

Revenue minus expense left the government of Saskatchewan with a net operating deficit of $2.0 billion in 2024/25, equal to 9.3% of revenue; 2nd weakest balance of 13 provinces and territories.

Source: Statistics Canada · saved copy

Where does the government of Saskatchewan get its money?

Taxes made up 58.6% of revenue for the government of Saskatchewan in 2024/25 ($12.9 billion), and grants from other levels of government, which include federal transfers, made up 17.2% ($3.8 billion); 2nd lowest share of 13 provinces and territories for grants.

Source: Statistics Canada · saved copy

How much income tax does Saskatchewan collect?

Personal income tax raised $3.3 billion for the government of Saskatchewan in 2024/25 (15.2% of revenue), and taxes on goods and services, including sales and fuel taxes, raised $6.9 billion (31.3%).

Source: Statistics Canada · saved copy

How much does Saskatchewan earn from oil and gas royalties?

Oil and gas royalties brought the government of Saskatchewan $1.0 billion in 2024/25, 4.7% of its revenue.

Source: Statistics Canada · saved copy

How much interest does the government of Saskatchewan pay?

Interest on debt cost the government of Saskatchewan $1.2 billion in 2024/25, 5.1% of its expenses; 7th highest share of 13 provinces and territories. Social benefits paid directly to people came to $1.7 billion.

Source: Statistics Canada · saved copy

What is the debt of Saskatchewan?

At the end of 2024/25, the government of Saskatchewan had financial assets of $36.0 billion and liabilities of $46.5 billion, a net financial debt of $10.5 billion, or $8,460 per resident; 7th strongest position of 13 provinces and territories per resident.

Source: Statistics Canada · saved copy

How much has the government of Saskatchewan borrowed?

Debt securities such as bonds and treasury bills issued by the government of Saskatchewan stood at $34.0 billion at the end of 2024/25, $27,268 per resident, against $29.4 billion a year earlier.

Source: Statistics Canada · saved copy

How Saskatchewan compares with other provinces

Provincial or territorial government revenue per resident, 2024/25 (2024/25)

Saskatchewan ranks 5 of 13, highest first. Population on 1 July 2024.

RankRegionProvincial or territorial government revenue per resident, 2024/25
2Northwest Territories$69,532
3Yukon$44,293
4Quebec$19,138
5Saskatchewan$17,641
6Prince Edward Island$17,242
7Newfoundland and Labrador$17,242
8Alberta$16,573
Source: Statistics Canada · saved copy

Provincial or territorial government expense per resident, 2024/25 (2024/25)

Saskatchewan ranks 5 of 13, highest first. Population on 1 July 2024.

RankRegionProvincial or territorial government expense per resident, 2024/25
2Northwest Territories$63,966
3Yukon$43,873
4Quebec$20,903
5Saskatchewan$19,278
6Prince Edward Island$18,595
7Newfoundland and Labrador$17,814
8British Columbia$16,395
Source: Statistics Canada · saved copy

Net operating balance as a share of revenue, 2024/25 (2024/25)

Saskatchewan ranks 12 of 13, highest first. Negative values are deficits.

RankRegionNet operating balance as a share of revenue, 2024/25
7Newfoundland and Labrador-3.3%
8Manitoba-7.7%
9Prince Edward Island-7.8%
10Ontario-8.2%
11Quebec-9.2%
12Saskatchewan-9.3%
13British Columbia-16.5%
Source: Statistics Canada · saved copy

Net financial worth per resident, 2024/25 (negative = net debt) (2024/25)

Saskatchewan ranks 7 of 13, highest first.

RankRegionNet financial worth per resident, 2024/25 (negative = net debt)
4Alberta$-2,604
5British Columbia$-6,631
6New Brunswick$-7,444
7Saskatchewan$-8,460
8Nova Scotia$-11,267
9Quebec$-11,915
10Prince Edward Island$-13,032
Source: Statistics Canada · saved copy

Interest as a share of government expense, 2024/25 (2024/25)

Saskatchewan ranks 7 of 13, highest first.

RankRegionInterest as a share of government expense, 2024/25
4Ontario7.3%
5New Brunswick5.8%
6Prince Edward Island5.2%
7Saskatchewan5.1%
8Alberta4.9%
9British Columbia4.6%
10Nova Scotia4.6%
Source: Statistics Canada · saved copy

Grants from other levels of government as a share of revenue, 2024/25 (2024/25)

Saskatchewan ranks 12 of 13, highest first.

RankRegionGrants from other levels of government as a share of revenue, 2024/25
7Nova Scotia34.6%
8Newfoundland and Labrador25.5%
9Quebec17.9%
10British Columbia17.6%
11Ontario17.4%
12Saskatchewan17.2%
13Alberta14.3%
Source: Statistics Canada · saved copy

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Sources

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