Language

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

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.

Software-based translations 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. The 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.

CLARK SETTLEMENT ANNOUNCED

Released on September 29, 2004

Crown Investments Corporation (CIC) President Tom Waller announced today that a settlement has been reached with the former President of SaskEnergy regarding amounts owing to the corporation.

Ron Clark and the SaskEnergy Board of Directors have agreed that Mr. Clark will repay $75,000 to the corporation.

"This negotiated settlement is in the best interests of all parties," Waller said. "It avoids the necessity of commencing legal action, with the costs and delays inherent in that process."

Clark resigned as President and CEO of SaskEnergy effective July 16th, 2004, after a review of the corporation's executive compensation and benefits policies. The review by Deloitte and Touche found irregularities regarding the implementation and use of some policies. As CEO, Mr. Clark accepted full responsibility for those irregularities.

"This settlement concludes the matter with Mr. Clark," Waller said. "We are now focusing on a search for a new President of SaskEnergy so the corporation and its employees can put this matter behind them and move forward."

Dean Reeve will continue as Acting President and CEO of SaskEnergy until a permanent appointment can be made. That's expected by the end of October.

-30-



For More Information, Contact:

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

We need your feedback to improve saskatchewan.ca. Help us improve