Closed
Source verified July 23, 2026
Saskatchewan Manufacturing and Processing Investment Tax Credit
Refundable tax credit for manufacturing property
Funding available
Up to 6% of project cost
Deadline
Closed
Location
Saskatchewan, Canada
Who can apply
Canadian controlled private corporations that acquired qualified property for use in Saskatchewan
See full eligibility
Overview
The Saskatchewan manufacturing and processing investment tax credit offers a fully refundable 6% credit to Canadian controlled private corporations that acquire qualified property for use in Saskatchewan. It applies to property used mainly for manufacturing or processing goods for lease or sale.
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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
Funds Providers
Eligible candidates
Eligible Industries
- All industries
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, Saskatchewan Manufacturing and Processing Investment Tax Credit
Official resources
Eligibility
Who is eligible?
- Canadian controlled private corporations that acquired qualified property for use in Saskatchewan
Who is not eligible
- Corporations exempt under section 149 of the federal Income Tax Act
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
How to apply
- Download and save the accessible fillable PDF to your computer.
- Open the downloaded PDF in Acrobat Reader 10 or later.
- File a completed Schedule 402, Saskatchewan Manufacturing and Processing Investment Tax Credit, with your return.
- Enter the amount of the credit you are claiming on line 644 of Schedule 5, Tax Calculation Supplementary – Corporations.
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
What is the Saskatchewan Manufacturing and Processing Investment Tax Credit?
The Saskatchewan manufacturing and processing investment tax credit offers a fully refundable 6% credit to Canadian controlled private corporations that acquire qualified property for use in Saskatchewan. It applies to property used mainly for manufacturing or processing goods for lease or sale.
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:
Canadian controlled private corporations
Qualified property acquired for use in Saskatchewan
Property used mainly for manufacturing or processing goods for lease or sale
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 sask.tax.info@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