Postal Service Disruption | Interruption des services postaux

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Government of Saskatchewan ministries, Crown corporations and organizations are working to minimize the impacts of the postal service disruption.

Les ministères, les sociétés d’État et les organismes du gouvernement de la Saskatchewan travaillent à réduire au minimum les répercussions de l’interruption des services postaux.

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BILL TO PRESERVE PUBLIC OWNERSHIP OF CROWN CORPORATIONS

Released on November 18, 2004

The Saskatchewan Government has introduced legislation to preserve the public ownership of Crown corporations. The Crown Corporations Public Ownership Act received first reading in the Legislative Assembly today.

"This legislation is an investment in Saskatchewan's future," Crown Management Board Minister Pat Atkinson said. "Our publicly-owned Crown corporations have played a vital role in Saskatchewan's first century as a province, and we intend to preserve them and ensure their success in our second century."

The Act would require a thorough study of any proposed privatization, including an analysis of the costs and benefits. A full report would be tabled with the Legislature, and a Committee of the Legislative Assembly would debate the proposed sale. A sale would be effective only after a general election, ensuring the people of Saskatchewan have the final say.

"Saskatchewan people have told us that they don't want us to sell our Crown corporations," Atkinson said. "As a result, we have designed this legislation to set out a procedure that must be followed before any proposed privatization can take place. The process requires transparency and allows time for public input."

Saskatchewan's earliest Crown corporations were established before the province was incorporated in 1905. They were founded to provide reliable, high-quality services to all Saskatchewan people, at affordable costs. Over the years, that role has expanded. The Crowns now promote economic development and make a significant contribution to the province's finances. Since 1995, the Crown sector has paid more than $1.8 billion in dividends to the province's General Revenue Fund.

"There is no better legacy to leave for future generations than to enshrine in law the preservation of institutions that are so vital to our province's economy and to our way of life," Atkinson said.

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For More Information, Contact:

Karen Schmidt
CIC
Regina
Phone: (306) 787-5889

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