author_ey
EY

Share This Article

Canada | Saskatchewan budget 2025-26

21 March 2025

|

Tax Alerts, Provincial/State & Local...

|

Canada

The province's fiscal 2025-26 budget contains several tax measures affecting individuals and corporations.A CA$12.2m surplus is projected for 2025-26, with anticipated surpluses for the next three years.No changes are proposed to corporate income tax rates; the small-business tax rate remains at 1.00% indefinitely.Effective 1 July 2025, a new Small and Medium Enterprise Investment Tax Credit will provide a 45% nonrefundable tax credit for investments in eligible businesses. On 19 March 2025, Saskatchewan Finance Minister Jim Reiter tabled the province's fiscal 2025-26 budget. The budget contains several tax measures affecting individuals and corporations.The minister anticipates a surplus of CA$12.2m for 2025-26 and...