Saying it will clarify the meaning of the term “privatize” when it comes to the Crown Corporations, the provincial government is introducing a new law to define the word.
Justice minister Gord Wyant told reporters at the Saskatchewan Legislature on Wednesday that the government felt it was appropriate to bring a definition forward, and we’re doing that through the Interpretation Act, so as to ensure that if there was ever an issue to come up, we would have a proper definition.
He adds it is important to know 49-percent of a company could be sold without privatizing it and that control of the corporation will stay with Saskatchewan residents.
The opposition NDP says selling 49-percent of a crown sounds like privatization to them, and they feel this is the government’s way of getting out of a referendum on any possible sale as they have promised to do.
This is sparking more thoughts about the future of Sask-Tel.
The government re-iterated Wednesday it has not received any offers on the provincially owned phone company.