Tax Credits and Incentive Programs
There are a number of tax incentive programs available to businesses and individuals: Scientific Research and Experimental Development (SR&ED) Pre-Production Mining, Apprenticeship Job Creation, and Child Care Spaces, to name a few.
Some Other Tax Incentives for Businesses
Agriculture Development Fund
The Agriculture Deveolpment Fund (ADF) was created to promote agricultural-related research to eligible Saskatchewan businesses.
Small Business Job Credit
The Small Business Job Credit has been introduced to effectively lower businesses' EI premiums from $1.88 to $1.60 per $100 of insurable earnings. It will benefit almost 90% of businesses paying EI premiums, saving eligible businesses nearly 15% in EI premiums.
Metis Employment Programs
Alberta businesses may be eligible ro up to a 50% wage subsidy when they hire Metis people who have acqurired skills, but lack experience, or when they hire Metis youth for summer employment or internships.