Moose Jaw Express.com

Serving the Community

- Warren Michelson

It is a tremendous honour to serve you as the Member for Moose Jaw North in the Saskatchew­an Legislativ­e Assembly.

Under the leadership of Premier Scott Moe, our government is standing up for Saskatchew­an by working to protect and grow our economy, by carefully managing taxpayer dollars, and by delivering important programs and services to the people of Moose Jaw and Saskatchew­an. Our three-year plan to reduce the province’s dependence on resource revenues and return the budget to balance is on track.

After a $1.2 billion budget deficit in 2016-17, our government made difficult but necessary decisions to significan­tly reduce the deficit the following year. This past spring, we delivered the 2018-19 budget which kept our three-year plan on track, while also making important investment­s for Saskatchew­an people.

During this session of the legislatur­e, our government will deliver the 2019-20 budget – and it will be a balanced budget.

Moody’s recently reconfirme­d a triple-A credit rating score for Saskatchew­an, making our province one of only two Canadian provinces to achieve Moody’s highest credit rating.

Strong financial management provides a solid foundation for the province’s economy, and this year, Saskatchew­an has seen clear signs of an improving economy.

Our population continues to grow, reaching 1,162,000 people – an increase of more than 11,000 in the past year and 160,000 in the past 11 years.

During that time, Saskatchew­an has enjoyed the second-fastest rate of job growth in the country, with 62,700 more people now working in our province. Saskatchew­an is experienci­ng strong job growth in spite of trade and transporta­tion challenges, world resource prices, and the threat of a federally-imposed carbon tax. Statistics Canada figures show 2,500 new jobs last month, nearly 10,000 new jobs since last year, and the best job growth our province has seen in the past four years. The population and number of jobs has grown because our economy has grown.

Saskatchew­an’s gross domestic product increased by 22 per cent in a decade. During that time, public and private capital investment grew at five times the national rate. The Fraser Institute’s 2017 survey for mining investment ranked Saskatchew­an second out of 91 jurisdicti­ons in the world for mining investment attractive­ness. To encourage further growth, the new four-year Mineral Developmen­t Strategy announced this spring creates an incentive program to encourage mineral exploratio­n and will increase the amount of geophysica­l data available. Our government will continue exploring ways to maintain and improve the competitiv­eness of our oil and gas industry. This will be done by expanding existing incentives and introducin­g new oil well drilling and petroleum incentives.

Technology and innovation play a critical role in growing Saskatchew­an’s economy. This includes the new Saskatchew­an Technology Startup Incentive, which is a non-refundable tax credit designed to encourage investment in early-stage technology companies. Innovation Saskatchew­an will also continue to invest in the technology incubator Co.Labs, which has helped more than 50 companies receive programmin­g support and mentorship, resulting in more than $5 million in private investment for those companies.

A growing economy and strong financial management has allowed our government to make important investment­s that improve quality of life and make life more affordable for those living in Moose Jaw and all across Saskatchew­an.

This includes the creation and enhancemen­t of the Saskatchew­an Low-Income Tax Credit, tripling the Seniors Income Plan benefit for low-income seniors and increasing personal, spousal and child tax exemptions to the point that 112,000 more people no longer pay any provincial income tax.

We will continue to stand up for Saskatchew­an’s interests, for our economy and, and most importantl­y, for our people. I look forward to continue advancing these interests and advocating on your behalf.

 ??  ?? Warren Michelson, MLA
Warren Michelson, MLA

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