Tag Archives: Government of Saskatchewan

Dividend Of $39 Million Declared As Safety, Reliability And Growth Highlight Saskenergy’S 2017-18 Annual Report

Safety remained a core focus in 2017-18 as the corporation dedicated $109 million toward increasing safety across its more than 85,000 kilometres of pipelines. SaskEnergy continued to upgrade service connections, and its damage prevention program resulted in a 3.5 per cent reduction in pipelines damaged by unsafe digging — part of a 37 per cent reduction in incidents since 2013.

In 2017-18, SaskEnergy invested in projects to move high pressure transmission pipelines away from cities, while significantly increasing capacity to serve the growing number of homes, businesses and industries that rely on natural gas.

“SaskEnergy is making significant investments in expanded pipeline capacity and in the additional gas supply needed to fill those lines, in order to meet rising customer demands for natural gas into the future,” Minister responsible for SaskEnergy Bronwyn Eyre said. “The company’s focus on reliability means most homes or businesses have never had an unplanned loss of natural gas service, something we all depended upon this past winter when three new natural gas consumption records were set during cold snaps.”

In 2017-18, SaskEnergy recorded income before unrealized market value adjustments of $110 million, compared to $70 million for the 12-month period ending March 31, 2017. The corporation declared a dividend of $39 million to Crown Investments Corporation (CIC), based on 2017-18 income before unrealized market value adjustments. Unrealized market value adjustments were favourable in 2017-18, resulting in a consolidated net income of $144 million.

Accounting standards require SaskEnergy to report its natural gas purchase and sales contracts at their market price on the financial statement reporting date. The difference between the contract price and the price on the financial statement reporting date is recorded as an unrealized market value adjustment on the statement of comprehensive income. These adjustments are non-cash items and therefore they do not result in any cash inflow or outflow to the corporation.

SaskEnergy added more than 3,700 new customers to its distribution system, bringing its total customer base to more than 394,000. SaskEnergy has added more than 58,000 new customers during the last 10 years. At the same time, a continued focus on efficiency gains resulted in $4.2 million in cost reductions throughout 2017-18, bringing efficiency savings to $48 million since 2009.

Annual transmission volumes totaled 350 Petajoules (PJ) an increase of 24 PJ, or seven per cent, from a year ago. This growth was supported by significant system investments to connect customers in a wide range of key industries, including power production and enhanced oil recovery.

“Natural gas is the fuel of choice for new businesses and homes, as well as for major industry, and by providing the pipeline infrastructure for these investments, SaskEnergy will continue to support strong economic growth for Saskatchewan,” Eyre said.

Other 2017-18 operational highlights include:
Provided competitive residential delivery rates to customers, offering among the lowest rates in the country and the lowest delivery rate in Western Canada.
The corporation obtained an overall audit score of 90 per cent in the Energy Safety Canada Certificate of Recognition program, which evaluates an organization’s safety programs against provincial and industry standards.
SaskEnergy developed a standard for installing technology on new mobile compressor units to reduce greenhouse gas emissions and operating costs.
The installation of an additional 31,773 Advanced Metering Infrastructure modules throughout the province, bringing the total to 94 per cent of SaskEnergy distribution meters.

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Source: Dividend Of $39 Million Declared As Safety, Reliability And Growth Highlight Saskenergy’S 2017-18 Annual Report

Saskatchewan’S Free Fishing Weekend Is July 14 And 15

Saskatchewan’S Free Fishing Weekend Is July 14 And 15 Government SouthWest Saskatchewan Tourism  Government of Saskatchewan

Saskatchewan’s annual summer free fishing weekend is just around the corner.

On July 14 and 15, residents and visitors to the province are welcome to fish in any of Saskatchewan’s public waters open to sport fishing without purchasing a fishing licence.

“Saskatchewan offers some of the best freshwater fishing in the world,” Environment Minister Dustin Duncan said. “Free fishing weekend is a great opportunity for families and visitors to make summer memories at one of our province’s many lakes.”

For those new to fishing or interested in learning more on fishing necessities, local fishing experts Jason and Jeff Matity will be leading free Learn to Fish sessions during free fishing weekend. Participants will learn about fish identification, how to pack a tackle box, cleaning/filleting and more. These free lake-side sessions run at 10 a.m. and 1 p.m. in Douglas and Moose Mountain provincial parks on July 14, and Buffalo Pound and Echo Valley provincial parks on July 15. More information can be found at www.tourismsaskatchewan.com/places-to-go/provincial-parks/summer-fun.

Anyone planning to take part in free fishing weekend should note that all other fishing regulations, including possession limits, gear restrictions and size limits on some lakes and rivers, remain in effect. Free fishing weekend does not apply in national parks and anyone planning on taking fish out of the province must purchase a licence.

More information about fishing in Saskatchewan can be found in the 2018 Anglers’ Guide, at www.saskatchewan.ca/fishing.

The first free fishing weekend in Saskatchewan was held in the summer of 1989 to encourage participation in sport fishing and increase public awareness about the value and diversity of angling opportunities in the province.
In 2015, the province held the first winter free fishing weekend. Annually, approximately 250,000 people sport fish in Saskatchewan, including more than 50,000 out-of-province anglers.

Source: Saskatchewan’S Free Fishing Weekend Is July 14 And 15

Premier Appoints Legislative Secretaries

Premier Appoints Legislative Secretaries Government SouthWest Saskatchewan  Saskatchewan Government of Saskatchewan Cypress Hills MLA

Premier Scott Moe has now appointed new Legislative Secretaries responsible for a variety of important portfolios.

The new Legislative Secretaries and their specific duties are:

  • Nadine Wilson, Legislative Secretary to the Premier;
  • Everett Hindley, Legislative Secretary to the Minister of Trade and Export Development;
  • David Buckingham, Legislative Secretary to the Minister of Immigration;
  • Doug Steele, Legislative Secretary to the Minister of Energy and Resources;
  • Larry Doke, Legislative Secretary to the Minister of Government Relations;
  • Hugh Nerlien, Legislative Secretary to the Minister Responsible for SaskTel;
  • Terry Denis, Legislative Secretary to the Minister of Education;
  • Herb Cox, Legislative Secretary to the Minister of Corrections and Policing;
  • Greg Lawrence, Legislative Secretary to the Minister of Social Services;
  • Lori Carr, Legislative Secretary to the Minister of Finance;
  • Fred Bradshaw, Legislative Secretary to the Minister of Environment;
  • Eric Olauson, Legislative Secretary to the Minister of Parks, Culture and Sport; and
  • Steven Bonk, Legislative Secretary to the Minister of Agriculture.

“These appointments reflect the depth of experience within our government caucus,” Moe said. “I look forward to seeing these talented individuals provide their expertise to our government as we work to keep Saskatchewan strong.”

Source: Premier Appoints Legislative Secretaries

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