City of Saskatoon Business Development Incentives Program
Saskatchewan
Saskatoon Regional Economic Development Authority
Funding Amount
Tax abatement of 100% of new or incremental taxes in year one, 80% in year two, 70% in year three, 60% in year four, and 50% in year five
Program Contact Details
info@sreda.com
306-664-0720
Industry
Energy, Oil and Gas Extraction, Mining, Manufacturing, Processing, Technology, Transportation, Telecommunications, Data Processing
What is this funding for?
Tax abatement incentive to encourage business in Saskatoon
Program Description
Administered by SREDA, the City of Saskatoon established tax abatement incentives to encourage the attraction and expansion of businesses to facilitate investment and long-term job creation. These Business Development Incentives may include exemptions or reductions of city taxes or fees, waiving of utility deposits and down payments on land, and exemptions or reductions of prepaid servicing levies.
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