Wall confirms meetings about partial sale of Saskatchewan Government Insurance - Action News
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Saskatchewan

Wall confirms meetings about partial sale of Saskatchewan Government Insurance

Saskatchewan Premier Brad Wall confirmed Wednesday the minister responsible for Saskatchewan Government Insurance has had meetings about the potential partial sale of the Crown corporation.

Premier says 'of course' minister responsible for SGI in talks with private sector

Saskatchewan Premier Brad Wall confirmed the minister responsible for Crown corporations has been in meetings about potential partnerships for SGI.

Saskatchewan Premier Brad Wall said "of course"the minister responsible for Saskatchewan Government Insurance hasbeen inmeetings about apotential partial sale of the Crown corporation.

Wall was responding to comments from NDP interimleader Trent Wotherspoon during question period on Wednesday.

Wotherspoonaccused thegovernment of scheming to sell off Crown corporations, and said Joe Hargrave,the minister responsible for SGI,has been meeting with different parties in order to make the deal.

"We campaigned on not privatizing the Crowns and we're not going to," Wall told reporters afterwards, but added the government isopen to striking private partnerships.

"If it's about strengthening that Crown corporation, that head office, maybe creating jobs in the province."

As of Wednesday morning, Hargrave's officesaid no offers forSGIhad been made.

'Government looking forcash'

Wotherspoonsaid Wall is breaking a campaign promise made in the last election not to privatizethe Crowns corporations.

"It's a bald-faced lie when you see Bill 40 and the actions of this governmentwith STC now through to SGI and SaskTel," he said.

"This is a government looking forcash."

UnderBill 40, the government is allowed to sell up to 49 per cent of a Crown corporation. Such a sale, Wall said, does not mean privatization because the majority of the shares would remain with taxpayers.