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 Financial Results in 2020-21

Released on July 8, 2021

While Providing Significant Pandemic Supports for the People of Saskatchewan

During one of the most challenging times in our history, Saskatchewan's Crown corporations delivered strong financial results while providing $639 million in programming and economic supports to help ease the impact of COVID-19 on Saskatchewan residents and businesses.  The Crown sector also continued to invest in infrastructure to support recovery and stimulate the economy during 2020-21 - all while providing the lowest utility expenses in Canada.  

"While the financial results of the Crown sector are important, equally as important are the economic and social initiatives and programs the Crowns provide," Crown Investments Corporation Minister Don Morgan said.  "To help residents and businesses cope through the pandemic, the Crowns implemented programs that included a utility interest waiver and deferral program and waived numerous fees and charges for residents such as data overage charges to support remote work and learning."

In 2020-21, the Crowns recorded net earnings of $585.4 million and provided $150 million to the General Revenue Fund to support government priorities.  Saskatchewan's Crown corporations invested $1.2 billion to ensure the safety and integrity of utility systems, and to upgrade technology and enhance infrastructure in the province.  Capital investments of an average $1.5 billion annually over the next five years will continue to help stimulate the province's economic recovery and job creation.

Pandemic supports also included $285 million for Auto Fund Rebates, $262 million for a 10 per cent rebate on SaskPower bills, $74 million in deferred payments through the Crown Utility Interest Waiver Program, $8.4 million in oilfield relief through SaskPower, and $8.7 million for SaskTel credits and waived data overage charges.

The 2020-21 Annual Reports for Crown Investments Corporation (CIC) are available online at


For more information, contact:

Joanne Johnson
Crown Investments Corporation of Saskatchewan (CIC)
Phone: 306-787-5889

We need your feedback to improve Help us improve