Saskatchewan’s Finance Minister delivered the province’s 2026 budget on March 18, 2026. The budget anticipates a deficit of $1.2 billion for 2025-26 and projects deficits of $819 million for 2026-27 and $608 million for 2027-28. The budget does not include any new changes to the corporate or personal income tax rates, but does make changes to the corporation capital tax (CCT), including to increase the large financial institution corporation capital tax (CCT) rate to 6% (from 4%), effective April 1, 2026. The budget also enhances Saskatchewan’s Research and Development (R&D) Tax Credit, among other changes.
