(21 Nov 2012)
Move Saskatchewan Forward
Our government’s commitment to continuing to move Saskatchewan forward was seen again in this week’s announcement regarding the Information Services Corporation (ISC). We introduced legislation that will allow ISC to take the next steps to expand into new markets and continue growing. This legislation will allow for shares in the provincially owned corporation to be sold to the public with the province retaining 40 per cent ownership. Of the 60% of shares open for public offering, 45% are available for Saskatchewan citizens.
Under this legislation, your private records remain in government hands and ISC’s head office stays in Saskatchewan. This move is also about using the benefits of growth to improve the quality of life for you and your family. Going public with ISC is expected to raise between $90 million and $120 million, which will then go towards addressing the infrastructure needs of our growing province. .
Two other recent announcements showcased using the benefits of growth. Under the Saskatchewan Advantage Scholarship program, our government has awarded more than 4,000 scholarships worth over $2 million. This program was introduced last spring and is open to Saskatchewan grade 12 graduates enrolled in post-secondary education in our province. Students approved will receive up to $500 per year to a lifetime maximum of $2,000 over ten years.
Using the benefits of growth also meant the second largest highways budget in Saskatchewan’s history with more than 1,200 KM of highways improvements. This brings our highway investment since 2008 to $3.1 billion. Aggressively investing in improving our highways means safer roads and meeting the infrastructure needs of a growing economy.
This week also saw historic changes which will reduce red tape and modernize Saskatchewan’s liquor regulations. Under these changes, businesses such as salons, spas and movie theatres will be eligible for special use liquor permits. If the restaurant permits it, you can bring in your own bottle of wine. In total, there are more than 70 changes. For a complete list, go to http://bit.ly/TfME0z.
If you have a question about this Legislative Report or any other matter, just Contact Donna.
Past Legislative Reports