Growing investments and small businesses

The 2024-25 Budget recognizes the importance of helping businesses and Saskatchewan's economy to grow.

Budget highlights include:

  • The 2024-25 Budget invests more than $40 million to support the growth of Saskatchewan’s economy.
    • This includes providing competitive businesses incentives, growing the province’s presence in international markets and creating more opportunities to grow trade, investments and jobs in Saskatchewan.
  • Backed by a $500,000 annual minimum revenue guarantee, a new direct flight between Minneapolis and Regina makes flying more convenient for residents and boosts the economy by improving accessibility to Saskatchewan for investors and tourists.

Securing the Next Decade of Growth: Saskatchewan’s Investment Attraction Strategy

  • The Government of Saskatchewan’s new investment attraction strategy will help build new opportunities, grow existing sectors and connect the world to Saskatchewan, including:
    • The launch of a new trade and investment website that will provide international businesses and investors with insights into major economic sectors and highlight the vast economic opportunities available in Saskatchewan; and
    • The website facilitates direct connection to the Ministry of Trade and Export Development’s Investment Attraction team.
  • Visit

Supporting Small Businesses

  • The 2024-25 Budget maintains the small business tax rate at the current rate of one per cent until June 30, 2025, rather than returning it to two percent as scheduled. 
  • The amount of eligible business income on which the small business tax rate applies will remain at $600,000 – the highest threshold in Canada.
  • Saskatchewan continues to have the second-lowest small business tax rate in Canada.