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SaskTel ‘not for sale’, but up for ‘partnership’ says minister

Provincial Canadian full-service telco SaskTel, controlled by the Saskatchewan government, is now permitted to sell 49% of its shares under a new law which was passed last week. The legislation (via ‘Bill 40’) allows the provincial government to sell up to 49% of any ‘Crown corporation’ (including SaskTel) without triggering a public referendum. However, CTVNews quotes Dustin Duncan, the minister responsible for SaskTel, as saying: ‘SaskTel is not for sale, but Bill 40 would allow the potential ...

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