Despite an election promise to keep Crown corporations public, Premier Brad Wall is laying the groundwork to sell them.
Here's how we benefit from Crown corporations
Crown corporations were built over many generations by our parents, grandparents, and great grandparents. They are owned by the people of Saskatchewan with one goal: to benefit the people of this province today and for generations to come.
Every year, we benefit from the Crowns in very tangible ways:
First, they keep prices low for consumers. From your energy bill to your cell phone bill, we pay less in Saskatchewan because we have Crown corporations.
In the case of Sasktel, you benefit even if you're not a subscriber because other companies reduce their prices to compete with SaskTel.
Second, the Crowns help fund our hospitals and schools and other public services. Selling off our Crown corporations might generate a one-time payout—but once it’s gone, it’s gone forever and Saskatchewan has lost a vital funding source.
Third, Crown corporations are local companies with local priorities. Their priorities are not dictated by some far away head office. This helps to make things like rural and Northern service a priority.
Fourth, Crowns are a source of good jobs. The foundation of a solid economy is a stable middle-class, and Saskatchewan Crowns are the single largest source of good jobs in the province. Crown jobs across the province are important for consumer spending and supporting the tax base.