REGINA — Saskatchewan's Crown corporations plan to invest a record $2.1 billion in capital spending in 2023-24 to enhance system safety and reliability, better serve customers and support the province's growing economy.
SaskTel will invest a record $412 million to expand wireless and fibre optic broadband infrastructure, allowing the Crown corporation to accelerate the growth of its 5G network and the SaskTel infiNETTM service.
SaskEnergy will spend a record $331 million to maintain its system integrity and reliability and develop additional infrastructure to meet increasing customer demand.
SaskPower is investing $1.15 billion in new generation, transmission and distribution projects while maintaining the existing power infrastructure to meet growing customer demand, improve system integrity and reliability.
Through SaskWater, the Government of Saskatchewan is investing $44.6 million to support significant industrial growth in the Regina region as well as continued investment to sustain water and wastewater systems.
A significant portion of SGI CANADA's capital plan of $31.2 million is allotted for continuing a business process and technology renewal project to enhance customer experience and competitiveness in the insurance industry. In addition, SaskGaming is expected to begin its $5-million renovation to Casino Moose Jaw in June 2023. This will be the first extensive renovation at Casino Moose Jaw since that facility's grand opening in 2002.
