Business & Economy

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Minister responsible for CIC, Don McMorris. July 21 2016
Minister responsible for CIC, Don McMorris. July 21 2016 Sarah Mills/CJME News Staff

Sask. getting back millions from CIC increased earnings

By Sarah Mills/CJME News Staff
July 21, 2016 - 5:46pm

Despite their individual challenges Saskatchewan's Crown corporations showed a healthy profit this past year.

The Crown Investment Corporations (CIC) annual report shows for the 15 months that ended March 31, 2016, net earnings were $342 million, up by $179 million from 2014.

The Highway 21 bridge where the slick was first noticed on the North Saskatchewan River.
The Highway 21 bridge where the slick was first noticed on the North Saskatchewan River. Sarah Rae/battlefordsNOW Staff

UPDATE: Crews working to prevent oil spill from spreading near Lloydminster

By Geoff Smith
July 21, 2016 - 3:29pm Updated: July 21, 2016 - 4:57pm

Crews are on the scene of an oil spill in the North Saskatchewan River.

Husky Energy said it isolated a pipeline that carries blended heavy oil and diluent about 30 km east of Lloydminster the morning of Thursday, July 21. A sheen was spotted on the river nearby.

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