MENU Who We Are CIC is the holding company for Saskatchewan's commercial Crowns as well as one subsidiary fund. CIC is responsible for: Providing Crowns with guidance and direction to align with government priorities, Implementing public policy programs and initiatives, Ensuring the Crown sector has strong governance, disclosure and transparency, and accountability, Monitoring sector financial results to support a balanced budget as well as a return for Saskatchewan people, and Supporting Crown boards as they oversee the management of the Crowns. Crown Investments Corporation of Saskatchewan 400 - 2400 College Ave. Regina, SK S4P 1C8 TEL (306) 787-6851 FAX (306) 787-0294 2020 CIC. All Rights Reserved. Website by OH! Media a division of Phoenix Group.

MENU Governance & Accountability Governance CIC is governed by The Crown Corporations Act, 1993. Its mandate is to: Be the holding company for all subsidiary commercial Crown corporations and act for the interests of all Saskatchewan residents; Make and administer investments authorized by the Act on behalf of the Government of Saskatchewan. The CIC Board of Directors are Members of the Legislative Assembly appointed to the Board by Order in Council. The CIC Board is a Cabinet committee that acts as a liaison between Cabinet and Crown corporations. The Board’s key responsibilities are to: Set strategic direction for the Crown sector; Govern the subsidiary Crown corporations by setting performance goals, approving capital, and monitoring performance; and Govern CIC management by approving business plans and budgets, monitoring and evaluating corporate performance. Accountability The following chart demonstrates the accountability structure of Saskatchewan commercial Crown corporations to both the government and The Standing Committee on Crown and Central Agencies of the Legislature.  The chart also demonstrates the reporting structure for decision items and performance management, and identifies and describes the oversight responsibilities of: The government (as shareholder and mandating body for Crown corporations) The CIC Board (as representative of the shareholder confirming mandates and activities are consistent with the interest and intent of government.) The Crown corporation’s Board of Directors (as the stewardship/management body for the Crown’s operations). Financial and Public Accountability Structure Financial & Public Accountability Structure Photo credit: Adobe Stock Crown Investments Corporation of Saskatchewan 400 - 2400 College Ave. Regina, SK S4P 1C8 TEL (306) 787-6851 FAX (306) 787-0294 2020 CIC. All Rights Reserved. Website by OH! Media a division of Phoenix Group.