Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.

Les ministères, sociétés d’État et organismes du gouvernement de la Saskatchewan mettent en œuvre des plans d’urgence (en anglais) visant à réduire les répercussions de l’interruption du service des postes.

Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Apply to Invest Surplus Municipal Funds

The Local Government Committee (LGC) approves certain municipal investments.

Below are the steps to apply for approval of a municipal investment.

Top

1. Overview

Municipalities other than cities may require approval from the LGC to invest the municipality's surplus money.

The LGC will review and make a decision regarding the application.

Top

2. Guidance

Cities

A city does not require approval from the LGC to invest surplus municipal money.

Towns, Villages, Resort Villages, Rural Municipalities, and Municipal Districts

If a town, village, resort village, rural municipality or municipal district would like to invest surplus municipal money in a security other than listed below, the municipality must apply for approval from the LGC:

  • Government of Canada Bonds;
  • Guaranteed Investment Certificates;
  • Saskatchewan municipal securities;
  • Saskatchewan school division securities;
  • deposit certificates; or
  • shares in a corporation.

Northern Towns, Northern Villages, Northern Hamlets, and Northern District

If a northern town, northern village, northern hamlet, or northern district would like to invest surplus municipal money in a security other than listed below, the municipality must apply for approval from the LGC:

  • Government of Canada Bonds;
  • Guaranteed Investment Certificates;
  • Saskatchewan municipal securities;
  • Saskatchewan school division securities; or
  • deposit certificates.
Top

3. Eligibility

You may apply to the LGC if:

  • your municipality is not a city; and
  • you'd like to invest surplus municipal money in a security other than:
    • Government of Canada Bonds;
    • Guaranteed Investment Certificates;
    • Saskatchewan municipal securities;
    • Saskatchewan school division securities;
    • Deposit certificates; or
    • Shares in a corporation.
Top

4. How to Apply

If you are eligible to apply:

  1. Complete the application to the LGC and include all required documents listed in the application.. 

  2. Submit the application to the LGC:
    • personally by emailing, submitting online or delivering;
    • by registered mail; or
    • by regular mail.
Top

5. Apply

Application to the Local Government Committee

  • Step 1 (Saving file): Right-click on "Application to the Local Government Committee" then select "Save Link as..." or "Save Target as..." and save the file to your computer.
  • Step 2 (Opening file): Open the PDF using Adobe Acrobat® or Adobe Reader®, version 8 or later.
Top

6. Further Information

Legislation that applies to municipal investments includes:

We need your feedback to improve saskatchewan.ca. Help us improve