2015-16 SaskEnergy Annual Report


On behalf of Premier Brad Wall and the Government of Saskatchewan, I present the SaskEnergy 2015-16 Annual Report. Over the past eight years, our government has worked to create the Saskatchewan Advantage — a plan to grow and strengthen Saskatchewan through sound fiscal management and a stable regulatory regime. We’ve done this because we know a growing economy will help us maintain a high quality of life. Once again in 2015-16, SaskEnergy played a key role in supporting this vision by providing high levels of customer service at competitive rates, while realizing operational cost efficiencies. SaskEnergy’s success in these areas has supported the overall strength of our province’s energy sector, which continues to attract billions of dollars in new investment. For example, in early 2016, Husky Energy celebrated the opening of its Edam East heavy oil thermal facility, located near the village of Edam. This natural gas-fueled plant is the first of three heavy oil thermal projects Husky will bring online this year, with the projects expected to create 500 construction jobs and 90 permanent positions. Along with other large-scale infrastructure investment underway across Saskatchewan, these expansion projects indicate that our diversified, resilient economy is well-equipped to weather the economic uncertainty and continue to create opportunity for Saskatchewan families. SaskEnergy will continue to play a significant role in the coming years as the Corporation provides stable, fulfilling careers, responds to the demands of provincial growth, maintains a safe and reliable infrastructure and collaborates effectively with the private sector. My thanks to all SaskEnergy employees, management and the Board of Directors for their contributions to the company throughout the year.

[Original signed by J. Reiter]

Honourable Jim Reiter Minister Responsible for SaskEnergy


Minister’s Message

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