At a glance
Saskatchewan’s 2026–27 budget expands the R&D Tax Credit to better support business investment and innovation. With increased claim limits and newly eligible capital expenditures, companies can reduce costs, improve cash flow, and accelerate growth.
If your business is investing in new equipment, improving processes, or developing new products, you may be sitting on funding you are not claiming.
Saskatchewan’s 2026-27 budget expands the R&D Tax Credit in a way that directly rewards the kind of work many businesses are already doing. The opportunity is not just bigger. It is easier to access and more aligned with real operations.
Whether you are in manufacturing, agri-food, mining, energy, or technology, this is a chance to recover costs and reinvest back into your business.
Key changes to the Saskatchewan R&D Tax Credit in 2026
The province has increased how much businesses can claim and expanded what qualifies. The changes apply to R&D expenditures incurred on or after December 16, 2024. You can now recover 10% on up to $2 million in eligible R&D spend. On top of that, capital costs like machinery, equipment, and lease expenses are now included.
That shift is significant. For many businesses, the largest investments are not just in people or testing. They are in equipment, production upgrades, and scaling operations. Those costs can now be part of your claim.
Even beyond the refundable portion, additional spend can still qualify for a non-refundable credit, bringing total potential claims up to $1 million annually.
How Saskatchewan businesses can qualify for R&D Tax Credit
Many businesses assume that R&D only applies to lab-based projects or highly technical work. In reality, the expanded R&D Tax Credit reflects how innovation actually happens in Saskatchewan companies every day.
It includes the improvements you are already making to your operations, upgrading production lines, streamlining processes, reducing waste, or testing new methods and materials. These activities, while part of normal business operations, often qualify for the credit.
Across sectors, this looks different but equally impactful. Manufacturers capturing automation or process improvements, agri-food companies developing new products or refining production efficiency, mining and energy companies advancing extraction methods or sustainability initiatives, and technology firms building and testing software can all benefit.
If your team is solving technical challenges or finding ways to work smarter, there’s a strong chance those efforts are eligible under the program.
Why the expanded R&D Tax Credit matters for Saskatchewan businesses
These incentives are more than just tax savings. They give your business the financial room to innovate faster, scale smarter, and reinvest in technologies that keep you competitive.
Over 2,700 Saskatchewan companies are expected to benefit, with $41 million in tax credits projected in 2026-27 alone. Businesses that are already investing in growth are now in a stronger position to move forward with confidence.
How Ayming helps you maximize R&D Tax Credits
At Ayming, we help businesses navigate these programs with confidence. Our team identifies all qualifying expenditures, ensures your claim is accurate and maximized, and supports you through every step of the process, including audit preparation.
Companies across Saskatchewan are turning government incentives into real growth with our guidance.
Start maximizing Saskatchewan tax credits today
The expanded R&D Tax Credit is only one part of the opportunity available to Saskatchewan businesses. Programs like the Manufacturing and Processing Investment Tax Credit (MPITC) further support companies investing in machinery, equipment, and production capacity.
Together, these incentives create a powerful funding ecosystem for businesses looking to modernize operations, improve efficiency, and scale production. Whether you are upgrading equipment, expanding facilities, or advancing innovation, there are multiple ways to reduce costs and reinvest in growth.
At Ayming, we help you take a strategic approach to Saskatchewan tax credits, identifying how programs like the R&D Tax Credit and MPITC can work together to maximize your return.
Don’t leave funding on the table. Explore how Saskatchewan’s full suite of incentives can support your next phase of growth.
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