Government of Saskatchewan
Wednesday, February 20, 2019
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OC 635/2010 - Saskatchewan Telecommunications/Saskatchewan Telecommunications Holding Corporation – Increase Temporary Borrowing Limit to $500,000,000 (Minister Responsible for Saskatchewan Telecommunications)
Description:

Title: Saskatchewan Telecommunications/Saskatchewan Telecommunications Holding Corporation – Increase Temporary Borrowing Limit to $500,000,000

Minister: Minister Responsible for Saskatchewan Telecommunications

Summary: Orders that Saskatchewan Telecommunications and Saskatchewan Telecommunication Holding Corporation are authorized to borrow from any chartered bank or credit union or from any person any temporary loans from time to time up to the consolidated aggregate principal amount of Five Hundred Million Dollars ($500,000,000), such borrowings to be by way of bank overdraft, line of credit, or in any other manner that the corporation may determine including advanced from the Province of Saskatchewan.

See: The Saskatchewan Telecommunications Act, section 29(9)
The Saskatchewan Telecommunications Holding Corporation Act, section 16(11)





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