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Sask Power
Saskatchewan Power Corporation, trade name, operating as SaskPower, is the principal electric utility in Saskatchewan, Canada. Established in 1929 by the Saskatchewan#Government and politics, provincial government, it serves more than 538,000 customers and manages over $11.8 billion in assets. SaskPower is a major employer in the province with over 3,100 permanent full-time staff located in approximately 70 communities.SaskPower 2019, p. 2. Legal status SaskPower was founded as the Saskatchewan Power Commission in 1929, becoming the Saskatchewan Power Corporation in 1949 with the passage of ''The Rural Electrification Act''. The abbreviated name SaskPower was officially adopted as a trade name in 1987. Owned by the government through its holding company, the Crown Investments Corporation, SaskPower is governed by a #Corporate governance, Board of Directors who are accountable to the provincial government Minister Responsible for Saskatchewan Power Corporation. SaskPower has the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown Corporations Of Canada
Crown corporations in Canada are government organizations with a mixture of commercial and public-policy objectives.Tupper, Allan. 2006 February 7.Crown Corporation" ''The Canadian Encyclopedia'' (last edited 2021 March 18). Retrieved 2021 May 19. They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). Crown corporations represent a specific form of state-owned enterprise. Each corporation is ultimately accountable to (federal or provincial) Parliament through a relevant minister for the conduct of its affairs. They are established by an Act of Parliament and report to that body via the relevant minister in Cabinet, though they are "shielded from constant government intervention and legislative oversight" and thus "generally enjoy greater freedom from direct political control than government departments." Crown corporations are distinct from "departmental corporations" such as the Canada Revenue Agency. Crown corporations have a long-st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
