Government of Saskatchewan
Tuesday, March 26, 2019
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OC 448/2008 - Advance of Proceeds from the Issue and Sale of Province of Saskatchewan Debentures to the Canada Pension Plan Investment Board for the Saskatchewan Opportunities Corporation (Minister of Finance/Minister of Enterprise and Innovation)
Description:

Title: Advance of Proceeds from the Issue and Sale of Province of Saskatchewan Debentures to the Canada Pension Plan Investment Board for the Saskatchewan Opportunities Corporation

Minister: Minister of Finance and Minister of Enterprise and Innovation

Summary: Authorize the Minister of Finance to raise money by way of loan upon the credit of the Government of Saskatchewan (the ¡§Province¡¨) by the issue and sale from time to time to the Canada Pension Plan Investment Board of Debentures of the Province of Saskatchewan in a principal amount not exceeding $75,000,000.00, it being hereby declared that it is necessary to issue and sell the Debentures to realize the net sum of $75,000,000.00 required for the purpose of advances to Saskatchewan Opportunities Corporation for the purpose of acquiring, developing or operating research and development parks.

See: The Financial Administration Act, 1993
The Saskatchewan Opportunities Corporation Act (Subsections 26(1) and 30(1))





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