Canada: Tax credit carryforward period extended to seven years (Saskatchewan)

Saskatchewan’s technology start-up incentive credit is also extended.

Saskatchewan’s technology start-up incentive credit is also extended.

Saskatchewan Bill 30 and Bill 35 are now law, having received Royal Assent on 13 May 2021

  • Bill 30 extends the province's technology start-up incentive credit through to 31 March 2026.
  • Bill 35 extends the credit carryforward period to seven years (from four years), effective 1 January 2021.

These changes were announced in Saskatchewan's 2021 budget that was delivered on 6 April 2021. Read TaxNewsFlash

Read a June 2021 report prepared by the KPMG member firm in Canada


The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.