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The City of Saskatoon, surrounding towns and rural municipalities offers companies in targeted industrial sectors significant tax abatement incentives to encourage expansion or location of operations, and facilitate long-term skilled or semi-skilled job creation. The aim of the incentive is to create an attractive environment for new businesses that may be considering locating to another region; and also demonstrates a commitment to local industry. Incentives include, but are not limited to, tax abatements, waiving of utility deposits, and exemptions or reductions of prepaid servicing levies.

Please note that incentive applications must typically be recieved before building permits are taken.

For more information on business development incentives for the Saskatoon region, click on the following links:

 

Region
      Type of Incentive
 
Aberdeen (RM)
  • Tax exemptions of three to five years.
  • Cost sharing for road improvements.
Blucher (RM)
  • 5 years of full municipal and education property tax exemption.
  • Waived building permit fee if company meets eligibility requirements.
Corman Park (RM)
  • Minimum $100,000 in construction value and creation of 5 new jobs.
  • Tax abatement is 100% for the first year, and decreases by 20% each year thereafter, until it is reduced to 0% for the 6th year.
Langham (Town)
  • No taxes for the year of construction, other incentives are negotiated individually.
Martensville (Town)
  • A tax exemption of up to five years based on investment amounts.
Osler (Town)
  • No discount in the year of construction (if started prior to July 1st); 25% discount in 2nd year; 50% discount in 3rd year; 75% discount in 4th year.
Rosthern (Town)
  • Property taxes exemption on new construction portion of the property assessment, land purchased or existing business expansion's square footage. (Year 1 – 100%; Year 2 – 67%; Year 3 – 33%).
  • Can negotiate the price of Town-owned land and any required municipal services (water and sewer mains, service lines, street improvements, etc).
  • Exemptions can be transferred if sold within the exemption time period.
Saskatoon (City)
  • Property taxes abatement on incremental portion of the property assessment for eligible businesses. (Year 1 – 100%; Year 2 – 80%; Year 3 – 70%; Year 4 – 60%; Year 5 – 50%).
  • Enterprise Zone—incentives are available within a specific area of Saskatoon.
Warman (Town)
  • Assessment exemption applies to an existing building's increased assessed value as a result of new construction and/or renovations.
  • 100% municipal exemption for the first three (3) calendar years of operation.

Other Towns, Villages, and Rural Municipalities (RM) in the region also offer incentives to businesses. While there is no specific policy, these municipalities respond very favourably to the needs of business, and incentives are negotiated on an individual basis. These municipalities include the RMs of Dundurn, Great Bend, Rosthern and Vanscoy; the Towns of Allan, Dalmeny, Delisle and Hague; and the Village of Borden.