Saskatchewan Re-Elects Govt; Potash Royalties Firm

Reuters reported that Saskatchewan’s provincial election results have ensured stability of potash revenues for the next four years.

As quoted in the market news:

Wall has promised to leave potash royalties paid to the province by major producers unchanged for the next governing term, in contrast to the NDP, which wanted to raise them. Saskatchewan is the home base of Potash Corp of Saskatchewan and its rivals Mosaic Co and Agrium Inc also have potash mines in the province.

Click here to read the full Reuters report.