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SaskWater Posts 2017–18 Annual Report, Shows $8.2M in Earnings

By Todd Westcott 10:45AM July 11, 2018

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SaskWater’s 2017–18 annual report has outlined the corporation’s finances throughout the year and demonstrated how SaskWater is meeting its mandate.

“This past year, SaskWater has built new relationships and delivered crucial infrastructure upgrades,” said Minister Responsible for SaskWater Bronwyn Eyre. “It has continued to supply safe, reliable, and sustainable water and wastewater services in a fiscally responsible manner and to make customer and community connections that will ensure continued growth and success as a provincial Crown corporation.”

SaskWater reported earnings of $8.2 million for the year ending March 31st, 2018. Another notable outcome from the last year include the installation of a 30-kilometre pipeline outside Melville. The pipeline, along with two new wells and a well control building, were awarded a $10.2 million grant from the Clean Water and Wastewater Fund. Work is now proceeding on Melville’s new water treatment plant, which is expected to be completed by the end of 2019.

The utility also significantly improved the Elbow regional water supply system in 2017–18 with all-new infrastructure to deliver water to the water treatment plant. The new intake, pump station, and pipeline received $1.46 million in CWWF support.

During 2017–18, customer growth continued thanks in part, to an agreement with the Town of Kindersley, which saw SaskWater assume operation of the community-owned water treatment plant, water tower, pump station, and reservoir.

In addition, the Town of Southey contracted SaskWater to provide continuous 24-hour monitoring of its water treatment plant and wastewater lift station through its ROAM remote monitoring service.

Other highlights of SaskWater’s activities in 2017–18 also included:

  • Paying a dividend of $2.0 million to the province.
  • Delivering 43.6 billion litres of potable and non-potable water.
  • Project-managing 14 grant-funded infrastructure upgrade initiatives in northern Saskatchewan on behalf of the Ministry of Government Relations and the Northern Municipal Trust Account.
  • Marking the 40th year of SaskWater’s First Nations Water and Wastewater Operator training program.
  • Installing 75 solar panels at the Wakaw-Humboldt water treatment plant to reduce the corporation’s greenhouse gas emissions.

SaskWater owns nine water treatment plants, three wastewater facilities, 140 kilometres of canal and 964 kilometres of pipeline.

More information about SaskWater’s is available online at www.saskwater.com. The full report is also available on their website.

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