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Budget 2020

Saskatchewan economic update

Finance Minister Donna Harpauer was scheduled to table Saskatchewan’s 2020-21 budget on March 18, 2020, however, due to the ongoing COVID-19 pandemic, the government has postponed the release of the province’s full budget. Instead, Harpauer delivered a scaled-back budget, which mainly focused on the government’s spending plans.

Business tax measures

Corporate tax rates

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

Saskatchewan’s corporate tax rates for 2020 are summarized as follows:

Combined federal and Saskatchewan corporate tax rates

Read the full SK economic update [ 1035 kb ]