The Provincial Budget is being released this afternoon.
Today’s budget is expected to include income-tax cuts, a date for a new carbon tax and some spending controls.
Along with announcing the date of when it will take effect, the government will announce where the 260 million dollars in anticipated revenue will be spent.
The basic personal exemption before taxes is also expected to increase. Right now the amount before taxes kick in is around $9,200.
In Saskatchewan’s basic personal exemption before taxes is set at $16,000.
The budget will also contain a new estimate for the province’s deficit, which currently sits around $800 million dollars.
This is the PC’s 3rd budget.
