The Canadian Press

2015-03-18 | SASKbudget

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Saskatchewan's finance Minister Ken Krawetz (KRAV'-itz) delivered a budget that touts no new taxes but makes changes to tax incentives for middle-class families, graduates and the potash industry. He says the government is focusing on growing the economy despite low oil prices. Oil revenue is down 661-million dollars from last year's budget and Krawetz (KRAV'-itz) says the trend will continue. (This year's budget hinges on oil averaging 53 US dollars a barrel in 2015 and 67 dollars in 2016. The price has hovered around 40 US dollars per barrel this week.)

Date: 2015-03-18
Placeline: REGINA.
Source: The Canadian Press
Length: 17 seconds

Transcript Prediction: << we base it on many different forecasters they're forecasting that the price of a barrel of oil will remain lower than course the $100 a barrel of oil that was there a year ago and there will be slow growth or a slow return to something higher >>


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