June 1, 2016, No. 2016-31. Saskatchewan Finance Minister Kevin Doherty delivered the province’s 2016 budget on June 1, 2016. The budget anticipates a deficit of $434 million for the 2016-2017 fiscal year. Although the budget does not include any changes to personal or corporate tax rates, it adjusts the provincial dividend tax credit rate to maintain the current level of provincial taxation on non-eligible dividends. The budget eliminates the Active Families Benefit and introduces a program to allow post-secondary graduates to use Graduate Retention Program tax credits towards buying their first home in the province.
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