SaskPower posts $136 million first-quarter loss

SaskPower posts $136 million first-quarter loss

SaskPower has released its first-quarter financial report showing major losses, even as the government banks on profits from the Crown utility.

NDP points to SaskPower losses, raises prospect of rate hikes

REGINA - The opposition New Democrats are again raising the prospect of a hike in power bills after Sask Power reported losses in quarter one. “Quietly last week, Sask Power released its Q1 financial reports showing that they are in a position of historic loss,” said Aleana Young, NDP critic for SaskPower. “SaskPower has lost $136 million just in the first quarter of this year alone. And the Government of Saskatchewan, the minister responsible (…