CARLA BECK’S TEAM RAISES MAJOR CONCERNS OVER POTENTIAL SALE OF INFORMATION SERVICES CORPORATION

Sale Could Drive Up Costs for Land Sales, Real Estate Transactions
REGINA – Carla Beck’s team is raising major concerns ahead of legislation that will potentially pave the way for the sale of Information Services Corporation (ISC) to a private owner.

ISC operates Saskatchewan’s land titles and registry system — a foundational public asset that underpins property rights, financial security, and economic activity across the province.

“This isn’t just another asset — it’s the backbone of property ownership in Saskatchewan and any sale to a private owner is ultimately going to cost Saskatchewan people more,” Aleana Young, Crown Investments Corporation Shadow Minister.

“The government made clear commitments in 2012 that control would remain with the public. If those commitments are now being abandoned, Saskatchewan people deserve full transparency before any deal moves forward.”

It is anticipated legislation could be introduced this week to change the ownership structure of ISC. Young raised concerns about increased costs, the potential monetization of public registry data and a lack of control or transparency as a result of being contractually locked into a private operator.

When the government first moved to privatize ISC in 2012, it made clear and repeated commitments to Saskatchewan people, including:

The province will retain “the right to decide on any proposed change of control or corporate restructuring.”

The Golden Share would “maintain the company’s head office in Saskatchewan” with protections against transferring the registered office or the head office operations.

That a 15 per cent ownership cap would be enacted.

“The current process being undertaken by ISC in collaboration with the Government represents a fundamental shift away from those commitments,” said Nicole Sarauer, Justice Shadow Minister. “The land titles registry is not a typical commercial asset, it is the legal foundation for property ownership in Saskatchewan. It’s essential to mortgages, lending and investment — and, now, Scott Moe seems hellbent on fully privatizing all of it and selling off hundreds of jobs.”

Carla Beck’s team is calling for Scott Moe to back off any potential sale of ISC and lay out clearly how the provincial government will maintain services, keep costs down, and protect public data.

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