The Canadian PressApril 16, 2014 18:41
REGINA - A new report says Saskatchewan's Crown corporations had substantially higher net earnings last year.
The Crowns reported net earnings of $566 million in 2013, up $128 million from 2012.
But the results are not as rosy as they appear, and include $156 million in net proceeds from the sale of shares in the Information Services Corporation.
Donna Harpauer, minister of Crown Investments Corporation, says 2013 was actually a challenging year.
She says earnings were down at SaskPower, SaskTel, SaskEnergy and SGI.