Province mulls sale of Information Services Corporation
CBC News
Posted: Oct 11, 2012 5:46 AM CST
Last Updated: Oct 11, 2012 3:03 PM CST
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ISC, a provincial Crown corporation, is undergoing an evaluation according to the government. (CBC)The provincial government is considering the sale of Information Services Corporation, a company that handles the processing of information related to land titles and vital statistics, CBC News has learned.
The government is having an evaluation of ISC performed and it says similar evaluations of the company were done by the previous NDP government.
Saskatchewan has legislation that prevents the government from selling Crown corporations such as SaskTel and SaskPower, unless an extensive review and consultation has taken place.
The Crown Corporations Public Ownership Act also says that any legislation to sell a Crown corporation can only take effect 90 days after a provincial election.
The legislation does not cover ISC, although the provincial cabinet may simply add a government company to the Act's list, through a regulation.
With files from CBC's Stefani LangeneggerShare Tools
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