Saskatchewan has one of the lowest corporate income tax rates in Canada (12% as of Jan. 2020), combined with low operating costs and competitive, targeted incentives.
“Saskatchewan has the lowest net business tax burden among the provinces according to a Conference Board of Canada report.”
– Regina Leader Post, May 2, 2016
|Province or territory||Lower rate||Higher rate|
|Newfoundland & Labrador||3.0%||15%|
|Prince Edward Island||4.5%||16%|
Targeted to create the conditions for the continued rapid growth and success of newly emerging technology companies, this incentive will further strengthen the province’s innovation strategy by helping to retain technology start-ups in Saskatchewan.