STC 2008 ANNUAL REPORT

The Saskatchewan Transportation Company (STC) today released its 2008 Annual Report, highlighting the following:

• Opening of the new passenger and express terminal in Regina;
  • New bus service to La Loche, Buffalo Narrows, Ile-a-la Crosse, Beauval and Green Lake
• the first significant expansion of service in over 30 years;
• All coaches fuelling in Regina and Saskatoon began operating on a two per cent canola-biodiesel blend;
• Operating subsidy was reduced to $6.2 million from the budgeted amount of $7 million;
• Ridership declined slightly by one per cent from 2007; and
• Passengers gave the company an 89 per cent satisfaction rating.
  
  "The Government of Saskatchewan supports STC's commitment to deliver passenger service on a broad basis, now reaching more than 280 Saskatchewan communities," Crown Corporations Minister Ken Cheveldayoff said.

In 2008, STC carried 270,002 passengers, generated $7.3 million in parcel express business and purchased $18 million in Saskatchewan in support of the provincial economy.

Cheveldayoff also noted that a benefit of intercity bus transportation is that it displaces numerous private vehicles travelling on provincial highways, thereby reducing greenhouse gas emissions.

"STC is also an investment in our environment," Cheveldayoff said.

"Looking forward, the company is taking a number of measures to increase the attractiveness of bus travel," STC President and CEO Ray Clayton said. "For our new full size coaches, we are increasing leg room and adding AC power outlets and fold-down tables for those who wish to use lap-top computers while en-route. Along the Regina-Saskatoon corridor, we will soon offer Wi-Fi internet access as well."

Clayton also noted that throughout the year, STC will be offering discounted seat sales on selected routes and on selected days of the week.

"We remain committed to our passengers, our parcel express customers, our employees, our environment and the communities we serve," Clayton said.

Copies of the 2008 STC Annual Report are available online at stcbus.com.

About STC

The Saskatchewan Transportation Company (STC) is a provincial coach company that provides safe, affordable and accessible bus passenger and parcel express services to over 280 Saskatchewan communities.

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For more information, contact:

Tracy Fahlman
STC
Regina
Phone: 787-6807
Email: tfahlman@stcbus.com