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.

Strong Crown Sector Results In 2019-20 Despite A Challenging Year

Released on July 10, 2020

Saskatchewan’s Crown sector delivered strong financial results in 2019-20 despite significant challenges.

The sector continued to provide excellent customer service, high-quality products and services, and improved infrastructure during a year that included volatile markets affecting investment returns, reduced customer demand due to low commodity prices, and an economic shut down as a result of the COVID-19 pandemic.

“The Crown sector met the challenges of 2019-20 and still returned $350 million to the General Revenue Fund in 2019-20,” Crown Investments Corporation Minister Joe Hargrave said.  “Crown corporations have consistently provided safe, reliable and affordable utilities to the people of Saskatchewan, and are up to the challenge for years to come.”

In 2019-20, the Crowns recorded net earnings of $435.4 million. Crown investment in capital renewal and expansion totaled $1.3 billion with a further $1.6 billion forecast annually over the next five years.  Continued capital investments will contribute to re-opening Saskatchewan and help stimulate the province’s economic recovery.

The Crown sector provided support to Saskatchewan people with their pandemic challenges as well.  To help customers weather the financial impact of COVID-19, support initiatives were implemented by a number of Crowns for customers, as well as providing support for community charitable organizations.

The Crown Utility Interest Waiver Program, providing a payment deferral/interest waiver program and repayment plan; no data overage charges for people who were working, schooling, and entertaining children from home during the shut-down; and deferral of fees were provided.

The 2019-20 Annual Reports for Crown Investments Corporation (CIC) are available online at  


For more information, contact:

Joanne Johnson
Crown Investments Corporation
Phone: 306-787-5889

We need your feedback to improve Help us improve