The annual report for the now shut-down Saskatchewan Transportation Company shows what a money-loser the provincially-owned bus line was.
The report, one of many from the Crowns being released this week, shows ridership dropped by 2.4 percent from the year previous to just under 186-thousand with passenger revenue down 2.5 million. In all, STC lost 34.2 million dollars.
In a release, STC minister Joe Hargrave says the difficult decision to wind up the organization was in response to declining ridership, the growing requirement for subsidies, and the belief that the dollars could be better directed to other government priorities.
The opposition NDP says this is quite a different tune from this time last year.
The opposition says just a year ago, the Minister responsible for STC (Jennifer Campeau) was singing a very different tune than the one Hargrave is trying to sell today. Campeau said in last year’s report, “by linking communities, people and businesses, STC serves the customer and the shareholder.”
Saskatchewan people – who are both the customer and the shareholder – are right to question why the Sask. Party scrapped and are now trying to undermine STC and the services their own Minister described as “high level,” “valuable,” “essential,” “safe,” and “reliable.”