Saskatchewan covid-19 Coronavirus Saskatchewan

SaskEnergy shows decline in net income, no plans to hike gas rates

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globalnews.ca

SaskEnergy’s bottom lime took a significant hit in 2019-20 when compared to years past.Outlined in its annual report released on Tuesday, SaskEnergy reported a consolidated net income of $43 million-$66 million before unrealized market value adjustments.In 2018-19, that number was $166 million.“It’s much more in the normal traditional range.

In 2018-19, it was an extremely unique year… it was a bitterly cold winter,” said Bronwyn Eyre, minister responsible for SaskEnergy.

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