Prior to 1930 Saskatchewan’s first commercial Crown corporations were established because essential services such as telephone, power, and hail insurance for crops were not available from private companies, or not available to all residents on a fair and equitable basis. The province’s relatively small and widely disbursed population continued to pose service challenges in the 1940s and Crown corporations were established to provide general insurance and transportation services.
The initial four guiding principles for services provided by government-owned corporations continue to exist today with the priority of serving Saskatchewan people first.
The Crowns must balance these public policy objectives with commercial and financial objectives. They are expected to contribute to the economy and to provide a good return on investment to their shareholders, the people of Saskatchewan.