Letter of the Day: The future of Crown corps

The Saskatchewan Crown Investment Corporation (SCIC) released its 2016-17 annual report. The Crown sector recorded net earnings of $399 million for the fiscal year ending March 31, 2017, an increase of $225 million from the 12-month period and more than double that of 2015.
In particular, SCIC’s 2016-17 annual report shows SGI Canada with profits of $65.2 million profit while SaskTel profits were $134.8 million.
SCIC on behalf of the Crown sector paid a $219 million dividend to the General