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Saskatchewan Crown corporations report earning losses; SaskPower faces steep hit

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The reports, released by the Saskatchewan Party government last week, show SaskPower is staring down a net loss of $172-million

The province’s other Crown corporations made money this fiscal year, but not as much as they did last year.

In total, the corporations reported net earnings of $7.4-million, but that’s well below the $361-million they earned last year. The government normally holds a news conference and technical briefing when it releases the reports, but it did not do so this year.

 

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