so a carbon tax will destroy us but a pst hike won't?

[the big wheel]

Hahahaha we ve got all that mess your talking about and guess what there is no Ndp government!!!

[15444]

Things are definitely going to slow down for those who don't live close to border and can't buy US fuel. Went over Friday to fill diesel pickup, 3.00 US a gallon vs 1.41 CDN a litre in town. Even with exchange, I'm now saving over $50 CDN every time I fill up pickup on US side. The savings are even greater with gas. By summer I'm sure the difference will be closer to $80.

Sure hope fuel goes to $2.00 all summer in BC. $2.50 would be better. See how fast they can dismantle their economy.

[bucket]

You have look at this objectively....neither Devine nor the NDP ruined this province ....Brad Wall definitely lifted our spirits with his Tommy Douglas motivation but he left this province in a mess....

[SASKFARMER3]

Yes, he was close to a Tommy Douglas Character but how are we worse compared to Almost a 100 Billion in Alberta and climbing with no plan.

Or Ontario with close to what a Trillion with no plan. All for the better good of going green.

For one moment you don't think the Sask NDP would have done that.

And let's just say the NDP won the last Sask election can you guess how they would spin the story. Same as you guys BRAD bad NDP Good DEBT BILLIONS.

NDP Always try to look good blaming others.

It's the Sask NDP way.

Now let's look at our province yes the Spending on stupid projects was really dumb a highway around Regina with a few clover leafs and it was a by-pass.

They got caught up in the world of their is no tomorrow the good times will continue.

I ask again how many farmers are in the same boat or city people the good times are still going on as land has climbed to 550 or higher and rents at over 100.

Some see the Iceberg and turn, Some slow down but still hit it, and some put that hammer down and ram the shit out of it because steel is stronger than ice and it will split apart.

[chuckChuck]

http://thestarphoenix.com/news/local-news/saskatchewan-2017-18-budget-by-the-numbers
A look at the numbers in the Saskatchewan government’s 2017-18 budget …

$685 million — Total projected deficit, which includes a “contingency allowance” of $300 million and a $250 million projected expense to reduce public service costs. The province says it hopes to decrease the deficit to $304 million in the 2018-19 budget and return to a surplus by 2019-20.

$14.8 billion — Total projected expenses in 2017-18, up 2.4 per cent from 2016-17. The biggest expenses: health ($5.63 billion), education ($3.64 billion) and social services and assistance ($1.36 billion).

$14.17 billion — Total projected revenue in 2017-18, up one per cent from 2016-17. The biggest revenue sources: taxation ($7.29 billion), federal government transfers ($2.45 billion) and own-source revenue ($1.96 billion).

6% — New provincial sales tax (PST), up from five per cent. PST will now be charged on children’s clothing, restaurant meals and snack foods, and construction services. According to the budget, the changes to the PST will add an estimated $871.6 million in revenue, which includes $242.1 million from the one-per-cent increase and $344.6 million from the addition of construction services.

$34 million — Enhancement to low-income tax credit aimed at offsetting the impact of PST changes.

224 — Job losses as a result of the closure of Saskatchewan Transit Company (STC). Passenger service will end May 31 for the provincial bus company that presently serves 253 communities but loses money on 25 of 27 routes.

5% — Reduction from 2016-17 in base operational funding for provincial post-secondary institutions. University funding is down $25 million year-over-year to $450 million, while technical institutes are down to $150 million from $156 million, and colleges will receive $27.3 million, down from $28.8 million.

$56.25 — Price per barrel of oil, according to the province’s key revenue assumptions. The assumed per-tonne price of potash: $176. Based on the assumptions, oil and natural gas royalties are $670 million, while potash royalties are $261 million.

$5.2 billion — Investment in core health services and infrastructure, up $38.6 million from 2016-17. That includes $3.4 billion in funding for Regional Health Authorities.

$257.8 million — Total municipal revenue sharing, a decrease from 2016-17 due to lower PST revenue.

$1.86 billion — Operating funding for the 28 school divisions, down 1.2 per cent ($22 million) from last year. There are no major changes to boundaries, with 28 divisions remaining in place. Overall, the budget provides $2.02 billion for education, a decrease of 6.7 per cent attributable in part to a $262 million reduction in funds to build 18 new schools in Regina, Saskatoon, Warman and Martensville. The schools are set to be completed by fall.

$4.8 million — Cuts in funding for regional and Saskatoon and Regina library systems. In total, those three will get $2.5 million in 2017-18.

2 cents — Price increase for each cigarette sold. Also part of the government’s “sin tax”: an increase of between four and six per cent on alcohol.

0.5% — Decrease to personal and corporate income tax rates in 2017 and 2019.

$3.7 billion — Planned capital investment, most notably $1.3 billion for SaskPower and $302 million for SaskTel.

$1.6 billion — Funding for the Saskatchewan Builds capital plan.

[bucket]

An iceberg will win over steel....that's been proven....

[chuckChuck]

"$56.25 — Price per barrel of oil, according to the province’s key revenue assumptions. The assumed per-tonne price of potash: $176. Based on the assumptions, oil and natural gas royalties are $670 million, while potash royalties are $261 million."

On the revenue side we are taking only a small amount royalties from the resource sector. We also get a significant amount of taxes from these sectors but I am not sure how much.

Is there room to take more royalties? Probably.

How many saw the story in the Western Producer about all the abandoned orphaned oil wells in Alberta?

https://www.producer.com/2018/03/orphan-wells-albertas-47-billion-problem/#

"He quoted a report by the C.D. Howe Institute that estimates more than 155,000 Alberta energy wells have no economic potential and will eventually require reclamation.

He also quoted Orphan Well Association figures that it costs an average of $304,448 to reclaim a well.

That math leads to a big number: $47.19 billion in future reclamation costs."

So we let the oil companies off with low royalties. They extract a lot of wealth and make significant profits. They abandon the facilities or just never clean them up. They leave land owners and tax payers with the bill to clean up?

If you estimate the average oil well lease pays $3000 per year in parts of Saskatchewan. It would take 100 years to collect $300,000 and pay taxes on it and then you are responsible for cleaning up the site?

You will have lost a significant amount of money as a landowner because most oil wells wont last even 25 years. Not to mention all the lost crop.

Where has the all the profit from the oil gone? The oil industry is extracting a lot of profits on the backs of farmers, landowners and taxpayers if they abandon facilities.

[RD414]

Well big wheel, simple matter is govt. needs more money and you can either have everyone pay a little more with pst or a smaller group pay it all. That is what a carbon tax does to my farm. Comparing our deficit to the Alberta or Ontario, I'll take ours anyday. We do need to clean up a lot of useless bureaucrats and light weight Mla's who are there just for the cheque.

[SASKFARMER3]

RD good points we need to also consolidate constituencies and get fewer MLAs NDP and Sask party.

Useless people working for the gov TIT is easy to spot walk around any building and you will have a list real fast.

Health tackles the beast once and for all.

But yes ill take a 1% increase or even 2% on the sales tax any day.

[sumdumguy]

I remember the days of Devine intervention, Devine was an awesome premier but those close to him got derailed and led him into deep shize. He paid the price for that. If you surround yourself with garbage, it’s bound to get stuck on you.