Saskatchewan Research and Development (R&D) Tax Credit
The Saskatchewan Research and Development (R&D) Tax Credit encourages innovative research and development activity in Saskatchewan. The 10% income tax credit is refundable on the first million dollars of annual eligible expenditures for Saskatchewan Canadian-controlled private corporations.
Saskatchewan Commercial Innovation Incentive (ICII)
The Saskatchewan Commercial Innovation Incentive (ICII) is a new growth tax incentive that offers eligible corporations a reduction of the provincial Corporate Income Tax (CIT) rate to 6%, for a period of 10 years. A first of its kind in North America “patent box” style tax incentive, the SCII program is open to a wide variety of eligible intellectual property (IP) types, including patents, plant breeders’ rights, trade secrets and copyrights (computer programs and algorithms).
Saskatchewan Technology Fund
The Saskatchewan Technology Fund is a funding program designed to support industry-driven technology, innovation, and improvement projects that lead to the mitigation, sequestration or capture of greenhouse gases (GHGs).
Saskatchewan Technology Start-Up Incentive (STSI)
The Saskatchewan Technology Start-Up Incentive (STSI) is designed to encourage investment in early-stage technology startups that bring new products to market and create jobs in Saskatchewan. The program offers a non-refundable 45% tax credit to Saskatchewan-based investors who invest in Eligible Technology Startup Businesses (ESBs).
Invest Canada
Invest in Canada is Canada’s global investment attraction and promotion agency. Facilitating global investment that spurs job growth and makes Canada stronger, Invest in Canada is the foreign investor’s primary point of contact.