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11.07.2020 / 02:49

Saskatchewan’s plan to rebound from coronavirus shutdown relies on its Crown corporations

Depression,” Saskatchewan will lean on its Crown corporations, says Crown Investments Minister Joe Hargrave.Hargrave, speaking at the release of the Crown Investments Corporations (CIC) 2019-2020 annual report Friday, said the companies are financially health and “will continue to to be part of the solution for Saskatchewan” as it recuperates from the coronavirus pandemic. SGI rates to hold steady ‘despite COVID-19 volatility’: minister CIC oversees companies including, but not limited to, SaskEnergy, SaskPower, SaskTel, SaskWater and SaskGaming.In 2019-20, CIC’s consolidated net earnings were $435.4 million.

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