A number of business incentives and tax credits are available to encourage business growth and investment in Saskatchewan.
Agriculture Development Fund
ADF project funding is designed to support the sustainability of Saskatchewan agriculture by helping develop solutions to emerging problems that affect production.
Corporation Income Tax Rebate for Capital Investment in Primary Steel Production
Eligible primary steel producers may receive a rebate on new or expanded productive capacity for up to five years.
Fuel Tax Incentives
The Fuel Tax Act, 2000 imposes a tax on purchasers and importers of fuel in Saskatchewan.
Manufacturing and Processing Tax Incentives
Saskatchewan Manufacturing and Processing Tax Credits Incentives available to firms in the Manufacturing and Processing Industry.
Oil and Gas Drilling Incentives
Find information about available drilling incentives for oil and gas wells.
Oil and Gas Processing Investment Incentive (OGPII)
The Oil and Gas Processing Investment Incentive offers transferable royalty/freehold production tax credits for qualified greenfield or brownfield value-added projects at a rate of 15% eligible program costs.
Oil Infrastructure Investment Program
The Oil Infrastructure Investment Program offers transferable royalty/freehold production tax credits for qualified greenfield or brownfield value-added projects at a rate of 20 per cent eligible program costs.
Product Development Program
The Product Development Program provides funding for prototype and product development services to food, beverage and other agri-processing value-added companies.
Research and Development Tax Credit
Learn more about the Saskatchewan Research and Development Tax Credit.
Saskatchewan Agricultural Processing Incentive Programs
A list of provincial and federal agricultural processing incentive programs.
Saskatchewan Chemical Fertilizer Incentive (SCFI)
The Saskatchewan Chemical Fertilizer Incentive is a non-refundable, non-transferable 15% tax credit on capital expenditures valued at $10 million or more for newly constructed or expanded eligible chemical fertilizer production facilities in Saskatchewan.
Saskatchewan Commercial Innovation Incentive (SCII)
The Saskatchewan Commercial Innovation Incentive – or ‘patent box' – is a new-growth tax incentive that offers eligible corporations a reduction of the provincial Corporate Income Tax rate to 6%.
Saskatchewan Farm and Small Business Capital Gains Tax Credit
Learn about the Saskatchewan Farm and Small Business Capital Gains Tax Credit.
Saskatchewan Lean Improvements in Manufacturing (SLIM)
SLIM provides funding to agri-business for infrastructure projects that improve productivity and efficiency.
Saskatchewan Mineral Exploration Tax Credit
The Saskatchewan Mineral Exploration Tax Credit (SMETC) offers a non-refundable 10% tax credit to Saskatchewan taxpayers who invest in eligible flow-through shares (FTS) issued by mining or exploration companies.
Saskatchewan Petroleum Innovation Incentive (SPII)
The Saskatchewan Petroleum Innovation Incentive offers transferable royalty/freehold production tax credits for qualified innovation commercialization projects at a rate of 25% of eligible program costs.
Saskatchewan Technology Start-Up Incentive
This incentive will offer a 45% non-refundable tax credit for individual and corporate equity investments in eligible technology start-up businesses.
Saskatchewan Value-added Agriculture Incentive (SVAI)
The Saskatchewan Value-added Agriculture Incentive is a non-transferable 15% tax rebate on capital expenditures valued at $10 million or more for newly constructed or expanded value-added agriculture facilities in Saskatchewan.
Targeted Mineral Exploration Incentive
The Targeted Mineral Exploration Incentive offers mineral exploration companies financial assistance to undertake drilling in an area of high potential for base metals, precious metals and diamonds.
Waterflood Development Program
The Waterflood Development Program offers a repayable royalty deferral for qualified waterflood injection wells.