Saskatchewan predicts C$424.5 million budget surplus
SASKATOON, Saskatchewan (Reuters) - Saskatchewan is budgeting for a C$424.5-million surplus ($339.6 million) in its 2009-10 budget, making it a rarity among Canadian provinces.
The new budget presented on Wednesday is balanced for the 16th straight year, cuts property tax and includes C$1.5-billion ($1.2 billion) in spending on infrastructure including roads, hospitals and schools.
The resource-rich western province is expected to lead Canada with modest economic growth this year.
(Reporting by Rod Nickel; Editing by Jeffrey Hodgson)
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