Article Posted date 23 March 2022
Saskatchewan's Finance Minister Donna Harpauer delivered the province's 2022 budget on March 23, 2022. The budget anticipates a deficit of $2.2 billion for 2021-22 and projects deficits of $463 million for 2022-23 and $384 million for 2023-24. Although the budget does not announce any new changes to the corporate or personal tax rates, it retroactively increases the tax credit rate for the Saskatchewan Value-added Agriculture Incentive depending on the level of investment, and adds provincial sales tax (PST) to admissions and entertainment charges, among other changes.
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