SK announces 2024-25 provincial budget, increases funding for PSE

The Government of Saskatchewan has released its 2024-25 Provincial Budget, which includes a $793M investment (3.7% increase) into postsecondary education. SK has pledged a one-time $12M increase to its current multi-year funding agreement with the province’s institutions, as well as multiple targeted investments to create new seats in health-related programming, create and bolster student financial supports, and support Indigenous education. Several capital projects have received investments under the new budget, including the University of Saskatchewan’s electrical and mechanical upgrades ($8.7M), a cooling tower replacement at the University of Regina ($6.3M), and Saskatchewan Polytechnic’s Saskatoon Campus Renewal project ($6.0M). USask President Stoicheff praised the investments, calling the one-time increase “recognition […] of the inflationary pressures” faced by institutions. SK (Budget) | USask | CTV News