SaskPower reports annual loss despite $187M grant from CIC (opens original article in a new tab)

SaskPower reports a $114 million annual loss despite a $187 million grant from the Crown Investments Corporation, with critics arguing the grant hides larger losses and the CIC faces declining earnings.

• SaskPower reports $114 million net loss for 2025-26 fiscal year despite $187 million CIC grant
• CIC grant aimed at supporting customer affordability but criticized for masking $301 million loss without subsidy
• CIC reports $173 million net earnings, down from previous years, with SaskPower's capital expenditures at $1.8 billion