A Husky spokesperson said that is the total cost to the company as of Dec. 31, 2016.
FULL COVERAGE: North Saskatchewan River Husky oil spill
The company originally reported the cleanup cost at $90 million.
The spokesperson said $88 million has been recovered through insurance proceeds.
A pipeline burst and leaked about 225,000 litres of heavy oil and diluent in July 2016.
The company said approximately 210,000 litres was recovered during its clean-up efforts which are now complete.
The spill jeopardized drinking water for thousands of people downstream and many communities were left looking for alternate water supplies.
A report released by Husky last November said that shifting ground caused the pipeline to rupture.
The Saskatchewan government is also investigating.