Saskatchewan Value-Added Agriculture Incentive
Tax creditSaskatchewanUp to $250,000,000
A non-refundable, non-transferable tax credit for capital expenditures of $10 million or more on newly constructed or expanded value-added agriculture facilities in Saskatchewan. The credit uses a graduated structure: 15% on expenditures up to $400M, 30% on $400M–$600M, and 40% on expenditures exceeding $600M, with a maximum total incentive of $250M per project. Companies claim the credit against corporate income tax over a 3–10 year period once the facility is operational.
What you'll need
- SVAI Application for Conditional Approval
- SVAI Request for Certificate of Eligibility
- Third-party certification confirming eligible capital expenditures increased productive capacity
- SVAI Certificate of Eligibility (issued by Ministry of Trade and Export Development)
- T2 Corporate Income Tax return filed with Canada Revenue Agency
- T2 Notice of Assessment from Canada Revenue Agency
- SVAI Claim Form