The Government of Saskatchewan extends deepest condolences to all the families and friends of those affected by the Humboldt Broncos bus crash.  Support services and resources are available

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan`s web site have been professionally translated in French. These translations are identified by a yellow text box that resembles the link below and can be found in the right hand rail of the page. The home page for French-language content on this site can be found here:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

The results of software-based translation do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos, and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Do Not Invest with USI-TECH Limited

Released on January 26, 2018

The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) has issued a Temporary Cease Trade Order against USI-TECH Limited, a non-registered platform that allows users to trade Bitcoin and Forex.

The order which has been extended to February 15, 2018, may be further extended as necessary.

“Investors can lose a lot of money if they trade with unregistered dealers and advisors,” FCAA Deputy Director of Enforcement Ed Rodonets said.  “Although Forex and cryptocurrency can be legitimate products, unscrupulous individuals often use these terms to convince investors to place their money in illegal activities.”

USI-TECH uses the website www.usitech-int.com, and they claim to be located in Dubai, UAE.  The website provides a securities or derivatives trading platform to the public as well as facilitates securities or derivative trading by website users.  Residents of Saskatchewan have been contacted by USI-TECH Limited and have participated in conference calls in which USI-TECH Limited solicited individuals to purchase securities or derivatives.

USI-TECH is not registered to trade in securities in Saskatchewan.

People or companies need to be registered in order to sell securities or derivatives in Saskatchewan.  USI-TECH Limited is currently the subject of Investor Alerts issued in several Canadian provinces as well as being named in a Cease and Desist order issued by the Texas State Securities Board.

Investors can check the registration status of any person or company selling investments by using the Canadian Securities Administrators’ National Registration Search database at www.aretheyregistered.ca.

Anyone contacted by USI-TECH or any of their representatives should contact the FCAA Securities Division at 306-787-5936.

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For more information, contact:

Shannon McMillan
Financial and Consumer Affairs Authority
Regina
Phone: 306-798-4160
Email: shannon.mcmillan@gov.sk.ca

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