Saskatchewan NDP criticizes province's PSE spending

March 26, 2012

Saskatchewan's NDP opposition argues that the governing Saskatchewan Party is shifting its financial problems to the University of Saskatchewan with its new capital plan. The province's latest budget includes a plan for capital spending at uSask that increases the amount of money the institution can borrow, with the province providing funding for principal and interest payments instead of upfront grants. Officials interviewed by the Saskatoon Star-Phoenix gave few details about the plan as it is still in development. "It creates an inaccurate picture of the province's finances," the NDP's PSE critic says. "The catch is that as debt levels increase on campus, there's a greater pressure to increase tuition or cut services." Still studying the budget, the NDP plans to press the government for more details about the capital funding plan. Saskatoon Star-Phoenix