Postal Strike Update

Show more Show less

Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.

Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

NEW LEGISLATION SHOWS GOVERNMENT’S COMMITMENT TO SOUND FISCAL MANAGEMENT

Released on December 13, 2007

Sound financial management will be the foundation of the Saskatchewan Government and its growth agenda.

That was the message from Finance Minister Rod Gantefoer today as he introduced the new government's first piece of legislation - The Saskatchewan Growth and Financial Security Act.

"We are committed to balanced budgets and economic growth, and The Saskatchewan Growth and Financial Security Act takes a number of steps to ensure this happens," Gantefoer said. "Sound financial management and a growing economy will ensure a more secure future for all Saskatchewan people."

The Growth and Financial Security Act:

  • Requires the government to balance the General Revenue Fund (GRF) budget each fiscal year;
  • Requires four-year financial plans and public debt management plans to be prepared annually;
  • Winds up the Fiscal Stabilization Fund and Saskatchewan Infrastructure Fund and transfers the balances to the newly created Growth and Financial Security Fund (GFSF);
  • Requires annual surpluses in the GRF to be applied as follows:
    • 50 per cent to the GFSF; and 
    • 50 per cent to the Debt Retirement Fund (DRF)
  • Requires Treasury Board to monitor the size of the public service as compared to the size of the population of the province.

Gantefoer said the four-year forecast released with the Mid-Year Financial Report last month identified some serious financial challenges left behind by the previous administration.

"With this Act, we are reducing the risk of those challenges in the future - by mandating balanced budgets, by ensuring that surpluses go toward debt pay-down and investment in economic growth initiatives, by tabling four-year financial plans with each and every Budget, by finding efficiencies," Gantefoer said. "With this Act, we are implementing stronger guiding financial principles to increase accountability and better secure the financial future for Saskatchewan people."

-30-

For more information, contact:

Bonny Braden
Media Services
Regina
Phone: 306-787-0906
Email: bonny.braden@gov.sk.ca
Cell: 306-541-7068

We need your feedback to improve saskatchewan.ca. Help us improve