Investors from across Canada and around the world are able to invest in Saskatchewan through bonds issued by the provincial government. The government uses the funds raised as part of its financing activities.
To help ensure that potential investors are well-informed about the current economic situation and forecasts in Saskatchewan, the following documents are made available:
1. Borrowing Strategy and Issuance Documents
Saskatchewan’s public borrowing program has been concentrated within the Canadian domestic market and is expected to remain so into the future. However, over the last few years, the Province has focused on moving into the international market in a more substantial way, with a general target of having 25% of its borrowing program denominated in foreign currencies.
Borrowing is focused on 10- and 30-year terms. The Province’s longer maturity profile reflects the fact that the debt is primarily supporting investment in longer term capital assets by both Executive Government and Crown Corporations.
Depending on borrowing requirements, the Province would look to issue in the USD market every 12-18 months to maintain a consistent presence. Issuance in other currencies will still be contemplated, but would likely be smaller deal sizes, issued opportunistically, and likely with longer tenors.
The Province’s general practice is to fully hedge its debt denominated in foreign into a fixed rate Canadian dollar liability through the use of derivative instruments.
The Province maintains a target cash balance of approximately $1.5 billion. Additional sources of liquidity include authorization to issue short-term notes of up to $4.0 billion, as well as access to a $2.5 billion government bond fund, which could be liquidated if primary debt markets become challenging.
Debt Issuance Documents
Regulatory Filings and Listings
Provided for your convenience are the following links to the Province of Saskatchewan’s information made available on external sites:
2. Investor Presentations and Resources
Investor Relations Presentations comprehensively overview Saskatchewan’s economy, economic forecasts, and environmental sustainability.
Saskatchewan’s economy and statistics
Saskatchewan's Dashboard opens a window into what's going on in the province. Key economic indicators such as capital investment, gross domestic product, consumer price index, business industry, trade, employment and labour market statistics, and housing and construction data can be accessed.
The Saskatchewan Bureau of Statistics is the province's statistical agency.
The Bureau is part of Canada's national statistical system. In conjunction with our Federal, Provincial and Territorial partners, the Bureau participates in the coordination of statistical activity within the country and represents Saskatchewan's interests within the system.
Government of Saskatchewan News
Find articles, photos and videos for recent news and media events. Search for past press releases by accessing provincial news media.
3. Provincial Budget and Financial Reporting
4. Environmental, Social and Governance
Saskatchewan has some of the highest-quality and sustainably produced food, fuel and fertilizer that a growing world needs. Visit Sustainable Saskatchewan to learn more about the province's sustainable resources, environmental stewardship, community support and clean energy.
5. Credit Ratings
Investors are especially interested in the province's long-term and short-term credit ratings, as determined by the major credit rating agencies: