The Crown Investments Corporation (CIC) is the financially self-sufficient holding company for Saskatchewan’s commercial Crown corporations.
CIC’s roots are in the Government Finance Office (GFO) which was established in 1947 to act as a holding company and to be a mechanism for policy, directing investment and routing dividends into the Provincial Governments consolidated Fund. In 1978, the GFO was renamed Crown Investment Corporation of Saskatchewan. The Crown Corporations Act, 1993 is the corporation’s governing legislation.
CIC is mandated to exercise supervisory powers over its subsidiary Crown corporations as well as operating as a Crown corporation itself