Background Info

The debtclock.ca numbers for Saskatchewan's debt reflects “General Debt,” which is sometimes referred to as "Government Service Organization Debt."

For 2020-21, we have an April 1st starting point of $11.9549 billion, growing by the increase in GSO debt of $2.0813 billion to $14.0362 billion on March 31, 2021.

There are however, many other measurements of government debt. There is: “Public Debt” (this includes all borrowing by all crown corporations), and there is “Gross Debt” (this includes all borrowing by all crown corporations, but does not net against the value of sinking funds held by those organizations).

The figure we use on DebtClock.ca includes the debt held by health regions, school boards and loans made to crown corporations by the government, but not loans taken out by the crown corporations themselves. It also does not include unfunded pension liabilities.

For the end of fiscal 2020-21, the “Public Debt” is projected to hit $23.9 billion and the “Gross Debt” is projected to hit $11.2 billion.