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TAX CREDITSaskatchewan

Saskatchewan Manufacturing and Processing Investment Tax Credit

Last verified: June 2026

Saskatchewan refundable tax credit for corporations that buy qualifying equipment used mainly to manufacture or process goods for sale or lease in the province. The credit equals 6 percent of the capital cost of the property. New equipment is claimed through the federal T2 return; used equipment is handled by the provincial Ministry of Finance.

See if I qualifyOfficial page
Estimated value
6% of capital cost of qualifying equipment (refundable)
Approval likelihood
High
Ready to apply score
85/100
Documents needed
4

Eligibility

  • Business types:incorporated
  • Industries:Manufacturing, Food & Beverage
  • Provinces:Saskatchewan

What you'll need

  • Schedule 402 filed with the T2 corporate income tax return
  • Records of qualifying equipment purchases
  • Proof the equipment is used mainly for manufacturing or processing in Saskatchewan
  • PST payment records for used equipment

How to apply

  1. 1Purchase qualifying new or used manufacturing equipment
  2. 2Confirm the equipment is used mainly for M&P in Saskatchewan
  3. 3Complete Schedule 402 for new equipment
  4. 4File with your T2 return, or apply to the Ministry of Finance for used equipment

Is your business a fit for Saskatchewan Manufacturing and Processing Investment Tax Credit?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Related programs

TAX CREDIT

Saskatchewan Value-added Agriculture Incentive

15% to 40% of eligible capital costs, up to $250 million per project

TAX CREDIT

Saskatchewan Technology Startup Incentive (STSI)

45% of eligible investment

TAX CREDIT

Saskatchewan R&D Tax Credit

10% of eligible R&D expenditures

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.