Saskatoon Considers Increased Property Tax in Budget

Saskatoon is facing a proposed property tax increase to 5.84% from the previously anticipated 5.64% due to an extra $748 thousand in expenditures primarily driven by police funding. In France, the Senate initiated a second deliberation on the state budget to address amendments that could significantly impact fiscal balance, particularly concerning local authority funding. Meanwhile, India's External Affairs Minister S Jaishankar will discuss India's relationship with China in parliament, with various other ministers introducing significant bills related to banking and transportation. In another context, the Senate has taken measures to protect local officials by reducing budget cuts proposed by the government, particularly affecting the VAT Compensation Fund. Lastly, Queen’s University is grappling with a $35.7 million budget deficit, prompting discussions on potential financial recovery strategies among its leadership during the recent Senate meeting.