Saskatoon StarPhoenix

Wall may revisit legislatio­n on partial sale of Crowns

- The Canadian Press

Premier Brad Wall says the government is reconsider­ing legislatio­n that allows up to 49 per cent of a Crown corporatio­n to be sold without that being considered privatizat­ion.

Wall says Saskatchew­an Party politician­s have been hearing concerns from people across the province about the law passed in the spring.

“There’s a considerab­le view out there that folks believe that any change in ownership — even if it’s five per cent ownership in a Crown — constitute­s privatizat­ion,” Wall said Wednesday.

When the government introduced the legislatio­n last fall, Wall argued that it would protect a Crown because the government would keep majority control. He said the move would allow for partnershi­ps that could help develop the business.

“I was certainly of the view that the people of the province would see a partnershi­p that did not lose majority control for the people of Saskatchew­an as just that — and not a privatizat­ion where you’ve lost control and you can’t control the head office,” he said.

“But, you know, to the extent that I may not have read that correctly on behalf of the people that own the Crown corporatio­n, we’re going to find out. We’re going to continue to do the work and be responsive to that.”

Some critics have said the government was looking at a potential sale of SaskTel, the provincial­ly owned telecommun­ications company, because the province is trying to bring down a $1.3-billion deficit from last year. The takeover of Manitoba Telecom Services by Bell Media leaves SaskTel as the last regional carrier in Western Canada and makes it vulnerable.

“It’s not for sale. It’s certainly open to partnershi­ps, as of right now. There is no particular proposal on the table, as far as I know,” said Wall. “Here’s my priority for SaskTel: it’s not an ownership structure change, frankly. Right now the priority for SaskTel is to improve coverage.”

Newspapers in English

Newspapers from Canada