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Sask United proposes review of provinces system for potash royalties [Video]

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Saskatchewan News

Affordability continues to be a key issue in Saskatchewan as prices on goods and services continue to rise.

One provincial political party is looking at reviewing the current system of how the province collects from companies mine one of the Saskatchewan’s largest resources, potash.

“That framework just does not capture the value of the resources, so that’s why we’re proposing to do a full review of the royalties,” said Jon Hromek, leader of Sask United.

Sask United, seen as a conservative and populist party, was formed in 2022. Hromek became leader in May.

Hromek says the current regime was designed back in the 1990s when potash prices were sitting around $100 to $200 dollars per tonne.

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“The paradigm has shifted in potash; now worldwide there’s much more demand for it,” Hromek said.

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