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SaskatchewanBill 612First Reading

Bill 612: The Lower Power Bills and Car Insurance Act

Sponsor: Aleana YoungIntroduced March 5, 2026Checked September 4, 2026
Read the official textOfficial version — Legislative Assembly of Saskatchewan

What this bill does

This Saskatchewan bill directs the Minister of Crown Investments Corporation to freeze SaskPower and SGI rates at their January 1, 2026 levels, effectively blocking proposed 2026-2027 rate increases until the Rate Review Panel issues its recommendations. It also requires annual reporting with five-year rate projections for all Crown corporation subsidiaries.

Plain-language summary by Legisail — not legal advice.

Business impact

Compliance
This bill directly affects every business operating in Saskatchewan that pays electricity bills or carries SGI vehicle insurance — from farmers and trucking companies to retail shops, restaurants, and construction contractors. For a small business owner running, say, a grain operation or a small fleet of work trucks, this means their power costs and commercial auto insurance premiums would stay locked at 2025 levels rather than rising in 2026 or 2027. Energy-intensive businesses like manufacturers, greenhouses, or food processors would feel the most relief on the power side, while any business with registered vehicles — which covers nearly every trade or delivery operation — benefits on the insurance side. The impact applies equally regardless of business size, since both SaskPower and SGI serve solo operators and large employers alike across the province.

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Where this bill is

First ReadingMarch 5, 2026
Next: Second Reading debate

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At a glance

Bill number
SK-612
Type
Private Member's Public
Jurisdiction
Saskatchewan
Session
30-2
Official record