Meili calling for postponed budget in wake of coronavirus-related market drop
With markets and oil prices taking a plunge in reaction to coronavirus in countries around the world, the leader of Saskatchewan’s NDP wants the government to postpone the budget and take another look at its numbers.
“We’ve got an economy that is crashing around our ears around the world, and that’s going to have huge repercussions in Saskatchewan,” Ryan Meili said Tuesday.
On Monday, the province’s finance minister, Donna Harpauer, said the 2020-21 budget was already finished and the oil price drop to $33.49 per barrel wasn’t factored in.
Meili said without factoring the large change in markets into the numbers and projections, the budget unveiled on March 18 will be “a fiction.”


