Highlights of the Saskatchewan budget

REGINA – Highlights of the Saskatchewan budget tabled Wednesday:

— A balanced budget with $11.61 billion in revenue and $11.54 billion in spending, leaving a surplus of $64.8 million.

— Overall budget spending increased by 3.1 per cent.

— Tobacco tax increase of four cents per cigarette to 25 cents a cigarette to bring in $47.5 million.

— An increase of about three per cent on alcohol to collect an additional $10 million.

— Universities and regional colleges get a 2.1 per cent operating increase.

— Plans to update uranium royalties to encourage investment.

— Promised cut in corporate income tax rate to 10 per cent from 12 per cent by 2015 deferred.

— $1.5-million increase for 300 additional apprenticeship training spots.

— $29 million to ease health-care pressures from population growth.