Federal Budget Plan Gets Mixed Reactions From Saskatchewan Organizations

Canada’s new federal budget plan is generating mixed opinions among Saskatchewan residents and organizations.

On Thursday, the Canadian government released this year’s federal budget plan, distributing spending among a number of different sectors. While some Saskatchewanians praised the plan, others criticized certain decisions.

Saskatchewan Urban Municipalities Association (SUMA) President Randy Goulden had mixed feelings about the budget plan.

“We applaud a lot of things that were in the budget,” Goulden said. “But we are also concerned that some of the priorities that SUMA has for our province have been missed.”

Read more:

Budget 2022 promises $4.3 billion to improve Indigenous housing in Canada

A particular concern for Saskatchewan municipal leaders is the inflationary increase in infrastructure projects. Goulden says that, coupled with ongoing supply chain issues, the price increase will likely cause delays to the project.

The story continues under the ad

“With the agreements we have in place with the provincial and federal levels of government, it is the municipalities that must bear this cost. Either they have to re-apply for the increased funding and go back into the pool and compete in this competition, or they have to pay the costs themselves… it will be very difficult to complete these projects in a timely manner.

Goulden says she knows many of these projects are critical and SUMA will continue to champion these concerns.

Read more:

Budget 2022: Liberals to invest $15 billion in new business investment fund

Inflation is one of the main issues that Canadians are concerned about lately.

While the federal budget may not have completely fixed the problem, Jason Childs, an economics professor at the University of Regina, says that only complicates matters.

“It’s probably going to make inflation worse,” Childs said. “This budget basically said to the Bank of Canada, ‘Inflation is your problem, you fix it. We will continue to accelerate spending and put pressure on inflation through fiscal channels.

The impact of the federal budget on agriculture in Saskatchewan

Climate change and the carbon tax is another issue the government has tried to tackle in its federal budget plan.

The story continues under the ad

The federal government also plans to refund $100 million of the carbon tax to farmers in provinces where the federal system applies, including Saskatchewan. But some in Saskatchewan’s agriculture sector say that’s not enough.

Agricultural Producers Association of Saskatchewan (APAS) president Ian Boxall says the rebate is a start, but he says it’s nowhere near enough to cover the rising costs of carbon pricing.

“We could be over $4.92 an acre in carbon tax alone,” Boxall said. “So on my 4,000 acre farm, we’re looking at $18-20,000. That’s a huge, huge amount of money to take out of our bottom line. So $100 million to the provinces in the safety net is really just a drop in the ocean.

Click to play the video:

Federal budget aims to help first-time homebuyers save for down payment

Federal budget aims to help first-time homebuyers save for down payment

Like Goulden, Boxall cites infrastructure funding as another area of ​​concern. He says that Canada’s infrastructure system is quite weak and sometimes unreliable to get products to port and export them quickly.

The story continues under the ad

“We need to get the government to move faster on some of these infrastructure investments…we’re going to miss huge export opportunities here if we don’t start moving things much faster.

Boxall praises the government’s $2.75 billion investment in high-speed Internet access in rural and remote communities. However, he hopes more of that money will be spent supporting rural and remote areas of Saskatchewan.

© 2022 Global News, a division of Corus Entertainment Inc.

Previous Easter fun at Leicester's libraries and museums
Next "Karnataka, laboratory of new Hindutva, tensions stoked by al-Qaeda leader" - Urdu Press Top News