Administered by Government of Saskatchewan · Last verified: July 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.
You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilitySaskatchewan Manufacturing and Processing Investment Tax Credit is generally open to incorporated businesses, in Saskatchewan, in Manufacturing, Food & Beverage. Confirm the full criteria on the official program page before applying.
The estimated value is 6% of capital cost of qualifying equipment (refundable). The actual amount depends on your eligible costs, the program's budget, and approval.
Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.
1. Purchase qualifying new or used manufacturing equipment 2. Confirm the equipment is used mainly for M&P in Saskatchewan 3. Complete Schedule 402 for new equipment 4. File with your T2 return, or apply to the Ministry of Finance for used equipment