Public Values

Saskatchewan shelves privatization plans

Crowns earn to much to sell off.

SaskTel made $129 million in 2009, up $5.4 million from 2008.The Regina Leader-Post reports that the Saskatchewan Party government has quietly turned its back on its ideology concerning privatizing Crown assets.

"Without the $277 million dividend the government took from the Crowns last month to balance the budget, Finance Minister Rod Gantefoer would have been looking at far more draconian cuts than the controversial steps of shutting down SCN and ending chiropractic copayments," the Canwest publication reported.

"As well as offering good services at modest cost for taxpayers, the Crowns continued to be profitable last year. SaskTel, for example, made $129 million -- up $5.4 million from 2008, while SaskPower's profit rose to $93 million."

For the full story, click here.

Posted: April 30, 2010

Categories:
  News
  Public services

Public Values (PublicValues.ca) is a project of the Golden Lake Institute and the online publication StraightGoods.ca


Public Values
 
HOME
CONTACT US
SEARCH
FREE BULLETIN
FRANÇAIS
Search PublicValues.ca
Donate to PublicValues.ca
News
Research
Politics
Campaigns
Health care
Public services
Natural resources
Energy
Education
Front lines
Voices of privatization
Feedback and dialogue
Visit StraightGoods.ca
About Us
Donations
Newswire/RSS
What is framing?
Tuesday, October 17, 2017
Updated frequently
To view photo captions, run your mouse over the photo
 
Bookmark and Share

© Golden Lake Institute/PublicValues.ca, 2007-11
PublicValues.ca owns copyright on all staff-written articles.
We encourage others to freely distribute material from this website but, without explicit permission,
Web publishers may only use short excerpts that also include credit to us and a reference to our site for the full article.
This site is managed by the Golden Lake InstituteVisit Golden Lake Institute Website and Straight Goods NewsVisit Straight Goods News Website
For comments or suggestions, please contact the PublicValues.ca Editor
For technical issues, please contact the PublicValues.ca Webmaster