Business Incentives - SREDA

Business Incentives

Fuel your growth with a range of incentives, including tax credits, grants, low-interest loans, and funding programs. Whether you’re launching, expanding, or innovating, our business-friendly environment provides the support needed to reach your goals faster.

City of Saskatoon Business Development Incentive

The City of Saskatoon Business Development Incentive (BDI) supports businesses looking to expand or build new facilities.

If your business is investing in growth, the BDI could help you reduce costs, accelerate development, and improve your bottom line.

Start your application today!

While the BDI is administered by SREDA in partnership with the City of Saskatoon, it’s just one of many incentives available to support business success in the Saskatoon Region.

Explore the full range of programs and incentives below.

Business Incentives

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Vacant Lot and Adaptive Re-use Incentive Program

The Vacant Lot and Adaptive Re-use Incentive Program is designed to encourage development on existing vacant or brownfield sites, and the reuse of vacant buildings in established buildings in the city by providing financial and/or tax-based incentives to owners of eligible properties.

Saskatoon Neighbourhood Planning

Targeted Mineral Exploration Incentive (TMEI)

The Targeted Mineral Exploration Incentive (TMEI) supports the diversification of Saskatchewan’s mineral sector by encouraging exploration for base metals, precious metals, and diamonds. Other components of the strategy include the provision of new airborne geophysical data and complementary ground-based geoscience investigations.

Saskatchewan Business Incentives

Saskatchewan Value-Added Agriculture Incentive (SVAI)

The Saskatchewan Value-Added Agriculture Incentive (SVAI) program offers non-refundable tax credits on capital expenditures valued at $10 million or more for newly constructed or expanded value-added agriculture facilities in Saskatchewan.

Saskatchewan Business Incentives

Saskatchewan Investment Tax Credit (ITC) for Manufacturing and Processing (M&P)

The Saskatchewan Investment Tax Credit (ITC) for Manufacturing and Processing (M&P) is available to manufacturing and processing corporations filing a T2 CIT return with some allocation of taxable income to Saskatchewan. This is a refundable tax credit designed to encourage plant and equipment investment for M&P activities in Saskatchewan.

Saskatchewan Tax Incentives

We’re here to help

Let our team guide you. Our experts are here to answer any of your questions and help you on your path to success.

Ashley Dean

Manager, Business Development

(306) 664-0727 adean@sreda.com