Administered by Government of Saskatchewan · Last verified: July 2026
Refundable 10% provincial tax credit for SMBs conducting R&D in Saskatchewan. Stacks with federal SR&ED. Particularly valuable for ag-tech and resource-tech businesses.
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 R&D Tax Credit is generally open to incorporated businesses, in Saskatchewan, that carry out research and development. Confirm the full criteria on the official program page before applying.
The estimated value is 10% of eligible R&D expenditures. The actual amount depends on your eligible costs, the program's budget, and approval.
R&D tax credits are tied to the SR&ED filing window, a hard cutoff of about 18 months after your fiscal year-end. Within it a missed claim can usually still be filed or amended; after it, it is lost. Confirm your dates with your accountant.
1. Maintain SR&ED-quality documentation 2. File Saskatchewan Schedule 403 3. Receive refund regardless of taxes owed
Annual: file with Saskatchewan return.
45% of eligible investment
TAX CREDIT15% to 40% of eligible capital costs, up to $250 million per project
TAX CREDIT6% of capital cost of qualifying equipment (refundable)