2016-17 SaskEnergy Annual Report

MINISTER’S MESSAGE

On behalf of Premier Brad Wall and the Government of Saskatchewan, I present the SaskEnergy 2016-17 Annual Report. SaskEnergy enjoyed another strong operational and financial year in 2016-17, effectively meeting the needs of its residential, commercial and industrial customers across Saskatchewan. In doing so, SaskEnergy continues to be effective in fulfilling the priorities our government has outlined for Crown corporations. Despite the downturn in natural resource commodity markets, Saskatchewan saw strong oil and gas sales in 2016-17, relative to other Western provinces, and steady industrial investment from the potash and enhanced oil recovery sectors. While these accomplishments were enabled by clear government policies designed to make Saskatchewan a destination of choice for investors and business, provincial infrastructure providers like SaskEnergy/TransGas continue to play a vital role in delivering results for customers. Looking ahead, the energy sector will continue to play a foundational role in the Saskatchewan economy and SaskEnergy will be called upon to support provincial growth by collaborating with the private sector, Crown peers and other stakeholder groups. I would like to thank all SaskEnergy employees, management and the Board of Directors for their contributions to the company in 2016-17.

Sincerely,

[Original signed by D. Duncan]

Honourable Dustin Duncan Minister Responsible for SaskEnergy

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2016-17 ANNUAL REPORT SASKENERGY

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