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Canada: Saskatchewan issues budget 2020–21

|Tax Alerts, Legislation & Policy, Provincial/State & Local Taxation|Canada
Canada

Executive summary

On 15 June 2020, Saskatchewan Finance Minister Donna Harpauer tabled the province’s fiscal 2020–21 budget. The budget contains no new taxes or tax increases and introduces or extends tax incentives.

The Minister anticipates a deficit of CA$2.4 billion1 for 2020–21.

The following is a brief summary of the key tax measures.

Detailed discussion

Business tax measures

Corporate tax rates

No changes are proposed to the corporate tax rates or the $600,000 small-business limit.

Saskatchewan’s …

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