Closed
Saskatchewan Manufacturing and Processing Investment Tax Credit
Tax credit for M&P equipment investment
Last Update: June 8, 2026
Funding available
Up to 6% of project cost
Timeline
- Receipt of requests is now closed
Location
Saskatchewan, Canada
Overview
This program provides a Saskatchewan investment tax credit for manufacturing and processing corporations investing in qualifying new or used equipment. It supports plant and equipment purchases used in Saskatchewan manufacturing and processing activities.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Up to 6% of project cost
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Manufacturing
Location
- Saskatchewan
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Purchase of qualifying new equipment for manufacturing and processing activities
- Purchase of qualifying used equipment for manufacturing and processing activities
- Investment in new buildings, machinery, and equipment used in Saskatchewan
Documents Needed
- Completed Schedule 402 for new equipment claims
- Completed application form for used equipment claims
- Copy of the T2 Corporate Income Tax Return
- Purchase invoices and proof of PST paid
- Financial statements and property use description
Eligibility
Who is eligible?
- Manufacturing and processing corporations
- Corporations with a permanent establishment in Saskatchewan
- Businesses purchasing qualifying new or used M&P equipment
Who is not eligible
- Businesses whose primary activity is not manufacturing and processing
- Corporations involved in farming, fishing, logging, or construction
- Businesses in oil and gas extraction or processing
- Businesses in mineral extraction or processing
Eligible expenses
- Qualifying new or used machinery and equipment
- New buildings used for manufacturing or processing
- Installation and initial setup costs for eligible equipment
- Capital lease costs for qualifying property
Ineligible Costs and Activities
- Property used for storing, shipping, selling, leasing, or administering finished goods
- Raw material purchases
- Purchase and resale operations
- Data processing and employee facilities
- Activities such as farming, fishing, logging, construction, and oil and gas extraction or processing
Eligible geographic areas
- Saskatchewan
Processing and Agreement
- New equipment claims are reviewed through the Canada Revenue Agency with the annual T2 return.
- Used equipment claims are submitted to the Saskatchewan Ministry of Finance.
- The applicant must certify that the information provided is true and complete.
- Claims may be subject to verification based on supporting documents.
Additional information
- The program has two parts: one for new equipment and one for used equipment.
- New equipment claims are filed with the annual T2 Corporate Income Tax Return.
- Used equipment claims are submitted directly to the Saskatchewan Ministry of Finance.
- The credit can be carried forward in some cases, subject to the program rules.
Contacts
Frequently Asked Questions about the Saskatchewan Manufacturing and Processing Investment Tax Credit Program
Here are answers to the most common questions about the Saskatchewan Manufacturing and Processing Investment Tax Credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Saskatchewan Manufacturing and Processing Investment Tax Credit?
This program provides a Saskatchewan investment tax credit for manufacturing and processing corporations investing in qualifying new or used equipment. It supports plant and equipment purchases used in Saskatchewan manufacturing and processing activities.
How much funding can be received?
Saskatchewan Manufacturing and Processing Investment Tax Credit Funds up to 6% of admissible expenses.
Who is eligible for the Saskatchewan Manufacturing and Processing Investment Tax Credit program?
To be eligible for the Saskatchewan Manufacturing and Processing Investment Tax Credit program, you must:
Manufacturing and processing corporation
T2 filer with Saskatchewan income allocation
Qualifying equipment used in Saskatchewan
What expenses are eligible under Saskatchewan Manufacturing and Processing Investment Tax Credit?
Purchase of qualifying new equipment for manufacturing and processing activities
Purchase of qualifying used equipment for manufacturing and processing activities
Investment in new buildings, machinery, and equipment used in Saskatchewan
Who can I contact for more information about the Saskatchewan Manufacturing and Processing Investment Tax Credit?
You can contact Government of Saskatchewan by email at sasktaxinfo@gov.sk.ca or by phone at 1-800-667-6102.
Where is the Saskatchewan Manufacturing and Processing Investment Tax Credit available?
The Saskatchewan Manufacturing and Processing Investment Tax Credit program is available the province of Saskatchewan.
Is the Saskatchewan Manufacturing and Processing Investment Tax Credit a grant, loan, or tax credit?
Saskatchewan Manufacturing and Processing Investment Tax Credit is a Tax Credits