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- đłď¸ Where did all the money go?
đłď¸ Where did all the money go?
Party expenses for 2023, an SMR soft-launch, and grocery costs are a problem
May 7, 2024 | Advertise with us
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Good morning. The Bern is coming back! U.S. Senator Bernie Sanders has announced he will be seeking re-election this fall, despite retirement rumours (he is 82 years old). OkayâŚletâs get to it.
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Hereâs The SKoop for Tuesday, May 7:
A breakdown of 2023 political party expenses,
Premier soft-launches SMR site, and
Canadians taking grocery risks to curb cost of living.
Todayâs Top Stories
Where did all the money go?
Yesterday we discussed the 2023 financial returns of Saskatchewanâs political parties, highlighting individual donations and why they matter. Today, weâre looking at the expense side of the ledger.
Last year the Saskatchewan Party raised $3.4 million from individuals and corporations. The party spent $2.4 million, for a surplus of about $1 million for 2023. The expenses included annual administrative costs, advertising, wages, postage, and research. After spending just under $1 million on wages, the partyâs next largest expense was $287,000 on research and telemarketing. The party reported it had $2 million cash on hand.
The NDP raised $1.4 million in 2023 and spent over $1.5 million simultaneously, for an operating deficit of about $150,000. Like the Sask. Party, the bulk of the NDPâs expenses were on administrative costs and wages. The NDP spent $750,000 on wages while the next highest cost was $214,000 on consultants. When it comes to polling, the NDP spent $45,000. The party reported it had about $1.2 million cash on hand.
The Saskatchewan United Party raised $550,000 in 2023 and spent $683,000, for a deficit of approximately $127,000. The partyâs largest expense was $426,000 in contracting services. The party reported no cash on hand.
All parties in Saskatchewan will be looking to ramp up their advertising and campaign operations spending in the coming months leading up to this fallâs election.
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Premier says SMR âQuite Likelyâ to be located in Estevan
Estevan, The Energy City, well-known for its abundance in resources for provincial energy such as coal, oil and gas, is now âquite likelyâ the location of Saskatchewanâs first small modular reactor (SMR).
Speaking at the Saskatchewan Chamber of Commerce âFood, Fuel and Fertilizerâ Conference yesterday, Premier Scott Moe addressed the crowd and spoke about the future of energy in the province, including SMRs.
âI donât think thatâs been announced yet,â the Premier said, after stating it was âquite likely to be located in Estevan.â
Estevan and Lake Diefenbaker have been the two sites that have been considered for the SMR.
Sponsored by Insurance Brokers Association of Saskatchewan
Canadians taking more risks due to high grocery prices
According to a study done out of Dalhousie University, Canadians are taking risks when it comes to grocery shopping to try and save money.
The cost of living has consistently polled as the top issue facing Canadians and it is obvious to everyone that grocery prices are higher today then they were previously.
According to the study, 58% of Canadians are purchasing and eating food past its best-before date. Although best-before does not indicate rotten or bad, food should be consumed prior to that date.
Sylvain Charlebois led the study and said, âThey (Canadians) felt that they didnât have much of a choice, (because) they couldnât afford to buy more food ⌠But the reality is, if you do fall ill, itâll cost you even more.â
Charlebois also said more people are freezing their leftovers now. âTwenty-four per cent of Canadian households have bought a new freezer in the last year.â
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Weâve been here since 1905, advancing collective member interests with various government bodies, improving local governance, and fostering municipal growth.
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More news and info
Someone will eventually succeed Justin Trudeau as Liberal leader. Hereâs what Canadians told a pollster about some of the potential contenders. (Toronto Star, Abacus Data)
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The Legislature passed a number of Motions of Condolence yesterday to honour former MLAs that have passed.
Council committee to discuss next steps for Saskatoon compost, solar power projects (Saskatoon StarPhoenix)
Northern municipalities invited to access infrastructure funding (SaskToday)
Hudsonâs Bay in Regina Cornwall Centre to close permanently in 2025 (CBC Saskatchewan)
*Sponsored content from Mash Strategy.
Sponsored by Saskatchewan Egg Producers
đĽđł More eggs in more baskets. Saskatchewanâs egg farmers are investing in value-added innovation, growing our exports and adding new egg farms. That means stronger rural communities and a stronger economy. saskegg.ca/more.
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