US EditionSaskatchewan Crown corporations raise $510 million in consolidated net earnings
- Saskatchewan's Crown corporations reported a combined profit of $510 million for the current year, according to a report by The Canadian Press dated June 23, 2025.
- This result follows last year's earnings of $578 million and coincides with record infrastructure investments and maintained low utility rates according to Crown Investments Minister Jeremy Harrison.
- In the 2024-25 fiscal year, SaskWater achieved a record revenue of $71.1 million along with a total comprehensive income of $9.1 million, while activating 13,000 additional irrigated acres for the 2025 growing season through its expanded irrigation services.
- Minister Harrison highlighted that SaskWater’s involvement in fulfilling the government’s plan to expand irrigation is essential for improving the province’s ability to withstand drought, increasing farm yields, and securing the food supply throughout Saskatchewan.
- The earnings reported, along with growth in irrigation, suggest continued backing for economic progress and the expansion of food processing, while the Crown corporations are expected to contribute $240 million this year to the province’s main revenue fund through dividends.
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NiagaraFallsReview.ca+11 Reposted by 11 other sources
Saskatchewan Crown corporations raise $510 million in consolidated net earnings
REGINA - Saskatchewan's Crown corporations are reporting consolidated net earnings of $510 million for this year, slightly lower than last year.
·Niagara Falls, Canada
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Record $71.1M in revenue flows into SaskWater coffers – Clark's Crossing Gazette
For the first time in its history, SaskWater surpassed $70 million in revenue, recording $71.1 million in 2024-25 and total comprehensive income of $9.1 million. Additional irrigation acres contributed to the 2.2 per cent increase over 2023-24 revenue, as non-potable water sales reached $25.6 million. To support the Saskatchewan Growth Plan, SaskWater collaborated with the Water Security Agency to expand irrigation service along its Saskatoon So…
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