Overview
Summary
Programs
Who Qualifies
Verdicts
Decision Trees
SK Ecosystem
Common Questions
What's Changed
How to Apply
Resources
Updated May 2026

Saskatchewan Clean Technology Grants 2026

14 federal and provincial programs fund clean energy, emissions reduction, sustainable agriculture, and green innovation for Saskatchewan businesses. Federal ITCs alone can return 15–40% of eligible capital costs.

14
active programs
$6M
SR&ED expenditure cap
40%
CCUS ITC capture rate
$5M
PrairiesCan BSP max

Saskatchewan clean technology funding — the 90-second brief

Saskatchewan businesses can access 14 active programs covering federal ITCs (15–40%), direct grants from PrairiesCan and NRC IRAP, and two province-specific utility rebate programs from SaskPower and SaskEnergy.

Saskatchewan's clean-tech funding stack combines federal investment tax credits (budget-neutral once claimed against corporate tax), direct contribution grants from Innovation, Science and Economic Development Canada and PrairiesCan, and provincial incentives tied to the province's growing hydrogen, carbon-capture, and agricultural-sustainability industries. The SR&ED Tax Credit caps at $6M in eligible expenditures for enhanced-rate CCPCs (Budget 2025 raised this from $3M — maximum CCPC credit $2.1M per year). The CCUS ITC (Carbon Capture, Utilization, and Storage) pays 50% for equipment used in direct air capture, 37.5% for other capture equipment, and 37.5% for transportation/storage/use — Saskatchewan's oil sands and potash sectors are primary beneficiaries. The PrairiesCan BSP funds up to $5M in capital investment with a 50% federal contribution for qualifying clean-tech projects across Saskatchewan, Alberta, and Manitoba.

  • SR&ED: 15% non-refundable ITC (35% refundable for CCPCs under $50M taxable capital) on up to $6M eligible R&D spend per year — Budget 2025 doubled the cap from $3M.
  • IRAP: NRC-IRAP funds 80% of eligible labour costs for SME cleantech projects, up to approximately $500K for larger projects with a dedicated advisor.
  • CCUS ITC: 40% credit on capture equipment costs (37.5% for shared systems, 50% for direct air capture); most relevant for Estevan and Lloydminster petroleum operators.
  • PrairiesCan BSP: Up to $5M in repayable or non-repayable contributions; Saskatoon and Regina manufacturers receive separate intake allocation.
  • SPII: Saskatchewan Petroleum Innovation Incentive provides a 25% royalty credit on eligible innovation costs — unique to SK and directly targeted at the oil-patch tech stack.
  • Clean Technology ITC: 30% credit on eligible clean-energy property acquired after March 28, 2023 — covers solar, wind, geothermal, heat pumps, zero-emission power equipment.
  • SAIF: Saskatchewan Agricultural Innovation Fund provides up to $500K for agricultural cleantech, precision-agriculture systems, and sustainable farm-input innovation.
  • SaskPower CEOP: Direct utility rebates for commercial customers who install eligible distributed generation or energy-storage systems in Saskatchewan.
Source: NRC, CRA, PrairiesCan, Government of Saskatchewan, SaskPower, Budget 2025

14 Saskatchewan clean technology grant programs compared

Federal ITCs dominate by volume (largest potential dollar returns), but SK-specific programs like SPII, SAIF, and SaskPower CEOP are stacked alongside them — layering provincial incentives on top of federal ones is standard practice.

Federal R&D and innovation programs

SR&ED Tax Credit (Scientific Research & Experimental Development) Up to $2.1M/yr (CCPC)
Federal Open

15% non-refundable ITC for large corps; 35% refundable for eligible CCPCs on up to $6M in R&D expenditures (Budget 2025 raised from $3M). Annual claim via T2 corporate return. Clean tech qualifying activities include new process development, materials research, and environmental performance testing. Cannot stack with IRAP on the same dollar of labour cost.

Source: Canada Revenue Agency
IRAP — Industrial Research Assistance Program ~$50K–$500K in advisory + funding
Federal Open

NRC-IRAP funds 80% of eligible employee and subcontractor labour for SME technology projects. Clean energy, precision agriculture, water treatment, and emissions-reduction projects are high-priority. Businesses in Saskatoon, Regina, and Moose Jaw access IRAP through dedicated regional Industrial Technology Advisors (ITAs). Projects require an ITA relationship before funding is approved.

Source: National Research Council
Energy Innovation Program Varies by project
Federal Open

Natural Resources Canada's Energy Innovation Program provides contributions for clean-energy demonstration and pre-commercial technology projects. Hydrogen, small modular reactors (SMRs), and carbon-capture demonstration projects in Saskatchewan have received funding under this stream. Applications are competitive and require alignment with federal clean-energy transition priorities.

Source: Natural Resources Canada

Federal clean-technology investment tax credits

Federal Clean-Tech ITC Summary — SK-relevant programs
ITC Name Rate Eligible Assets / Activities SK Relevance
Clean Technology ITC (CT-ITC) 30% (15% from 2034) Solar, wind, geothermal, storage, heat pumps, non-road ZEVs Farms, commercial buildings, Saskatoon manufacturing
Clean Technology Manufacturing ITC (CTM-ITC) 30% Manufacturing of qualifying clean-tech goods, key mineral extraction Potash (K+S, Mosaic, Nutrien), lithium extraction
CCUS ITC 50% (DAC), 37.5–40% (other) Capture equipment, transportation, storage, utilization Estevan coal plants, Lloydminster heavy oil, enhanced oil recovery
Clean Hydrogen ITC 15–40% (based on carbon intensity) Hydrogen production equipment; 40% for <0.75 kg CO₂/kg H₂ Proposed SK hydrogen corridors, Prince Albert biogas
Source: Department of Finance Canada, Budget 2023/2025

Saskatchewan-specific provincial programs

Saskatchewan Petroleum Innovation Incentive (SPII) 25% royalty credit on eligible costs
SK-Only Open

SPII provides a 25% royalty credit against Saskatchewan petroleum royalties for oil and gas producers who invest in innovative production, environmental, or recovery technologies. Eligible activities include enhanced recovery, produced-water treatment, methane-reduction systems, and emissions monitoring. Available only to SK petroleum royalty payers — not applicable to non-petroleum cleantech companies.

Source: Government of Saskatchewan
Saskatchewan Agricultural Innovation Fund (SAIF) Up to $500K per project
SK-Only Open

SAIF supports innovation projects that improve agricultural sustainability, productivity, or environmental performance. Eligible projects include precision-agriculture technology, carbon-sequestration in soil, sustainable crop input systems, and water-use-efficiency tools. Research organizations and agribusinesses in Saskatoon, Swift Current, Melfort, and the surrounding prairie zones apply directly to the Ministry of Agriculture.

Source: Government of Saskatchewan Ministry of Agriculture
Saskatchewan Technology Startup Incentive (STSI) 45% tax credit on qualifying investment
SK-Only Open

STSI provides SK individual investors a 45% tax credit on equity investments in qualifying Saskatchewan technology startups — including cleantech ventures. Cleantech startups must be incorporated in Saskatchewan, have at least 50% of operations in the province, and be pre-revenue or early-revenue stage. The credit is claimed by the investor, not the company, but companies must apply for STSI designation to become eligible investment targets.

Source: Government of Saskatchewan — Ministry of Trade and Export Development

Saskatchewan utility and energy-efficiency programs

SaskPower Clean Energy Opportunities Program (CEOP) Varies by project size
SK-Only Open

SaskPower's CEOP supports commercial, industrial, and institutional customers who install eligible distributed-generation or energy-storage projects. Programs include behind-the-meter solar, demand response incentives, and grid-connected battery storage. Eligible customers are existing SaskPower account holders with commercial service across Saskatchewan communities including Saskatoon, Regina, Moose Jaw, Prince Albert, and Yorkton.

Source: SaskPower
SaskEnergy Commercial Energy Efficiency Rebate Rebates on eligible equipment
SK-Only Open

SaskEnergy provides commercial and industrial rebates for natural gas–efficiency upgrades, including condensing boilers, heat-recovery ventilation, and high-efficiency process equipment. SK agri-businesses, food processors, and hospitality operators in Weyburn, Humboldt, and North Battleford access the program through a pre-approval process before purchasing equipment.

Source: SaskEnergy

Federal regional development

PrairiesCan Business Scale-Up and Productivity (BSP) Up to $5M per project
Federal Open

PrairiesCan BSP funds capital investments that scale up clean-tech manufacturing, commercialize clean innovations, or improve productivity through technology adoption. Saskatchewan-based businesses apply through Prairie Economic Development Canada (Saskatoon and Regina offices). Contributions are 50% of eligible project costs, repayable for for-profit companies. Minimum project size is approximately $1M in total eligible costs.

Source: Prairies Economic Development Canada
SK cleantech programs — key parameters side-by-side
Program Max Value Form Timeline Stacks with SR&ED?
SR&ED $2.1M/yr (CCPC) Tax credit Filed with T2 annually Cannot stack on same $ as IRAP
IRAP ~$500K Non-repayable grant 3–6 mo approval Yes (different costs)
CT-ITC 30% of asset cost Tax credit Filed with T2 Yes (capital vs labour)
CCUS ITC 50% of capture equip. Tax credit Filed with T2 Yes (capital)
PrairiesCan BSP $5M (50% of project) Repayable contribution 4–8 mo intake Yes
SPII 25% royalty credit Royalty credit Quarterly filings Yes (royalty vs income tax)
SAIF $500K Non-repayable grant Semi-annual intake Yes
STSI 45% credit for investor Tax credit (investor) Apply for designation Yes
Source: CRA, NRC, PrairiesCan, Government of Saskatchewan

Who qualifies for Saskatchewan clean technology funding

Eligibility varies by program type: tax credits require incorporation and tax liability; direct grants require active R&D or capital investment; SK-specific programs require provincial operations.
Persona 1 — Oil and gas technology company (Estevan or Lloydminster)
A petroleum technology SME developing methane-reduction or produced-water treatment systems qualifies for SPII (25% royalty credit on eligible innovation costs), SR&ED on R&D labour ($6M cap, 35% refundable for eligible CCPCs), IRAP (80% of eligible labour, non-repayable), and potentially the CCUS ITC if the project captures CO₂ for storage or EOR. Stacking SPII + SR&ED + IRAP on separate cost pools is standard practice for this profile.
Persona 2 — Agricultural technology startup (Saskatoon or Swift Current)
A startup building soil-carbon monitoring tools or precision-input-delivery systems qualifies for SAIF (up to $500K, non-repayable), SR&ED on qualifying R&D (35% refundable for CCPCs under $50M taxable capital), IRAP (80% labour), and STSI designation to attract SK angel investors who receive a 45% tax credit. Founders in Saskatoon can access Ag-tech programming through Innovation Place and Nutrien Ventures. Minimum requirement: provincial incorporation and ≥50% of operations in Saskatchewan.
Persona 3 — Renewable energy or storage developer (province-wide)
A solar installer or battery-storage developer serving commercial customers in Moose Jaw, Weyburn, or Yorkton qualifies for the Clean Technology ITC (30% on eligible assets — solar panels, inverters, storage batteries, wind turbines), SaskPower CEOP rebates, and PrairiesCan BSP for scale-up capital. The CT-ITC is claimed against corporate income tax and does not require an application — it flows from the T2 return when qualifying assets are placed in service. SaskPower CEOP requires pre-project approval; post-hoc claims are rejected.
Persona 4 — Heavy industry manufacturer (Potash or mining, province-wide)
A mining or chemical-processing company investing in net-zero manufacturing equipment qualifies for the Clean Technology Manufacturing ITC (30% on qualifying production assets, including potash extraction equipment under specific conditions), SR&ED for any process R&D component, and PrairiesCan BSP for capital scale-up. Cameco (Cigar Lake/McArthur River), Nutrien, and K+S operations near Moose Jaw and Esterhazy are the natural targets for this profile. CTM-ITC requires that the manufactured goods or processed minerals qualify under the eligible clean-tech categories.
Persona 5 — Hydrogen or advanced-fuel startup (La Ronge to Regina corridor)
A company developing green or blue hydrogen production, or advanced biofuels from agricultural residue, qualifies for the Clean Hydrogen ITC (up to 40% on production equipment for projects achieving ≤0.75 kg CO₂e per kg H₂), the Energy Innovation Program from NRC, SR&ED on qualifying R&D, and IRAP advisory and funding. Hydrogen projects in Prince Albert (biogas-to-hydrogen), Estevan (blue hydrogen from CCUS), and Saskatoon (electrolyzer manufacturing) have received pilot-stage funding. Clean Hydrogen ITC requires lifecycle carbon-intensity certification.

Common disqualifiers

Eligibility hard gates — what gets applications rejected
ProgramCommon disqualifierNote
SR&EDRoutine software development, market research, or quality controlMust be scientific or technological uncertainty, not commercial uncertainty
IRAPNo ITA relationship before project startRetroactive funding not available — ITA must know the project
SPIINon-petroleum company or projectRestricted to SK petroleum royalty payers
SAIFNon-agricultural sector or commercial product launch (not innovation)Funded activity must be pre-commercial R&D or demonstration
CT-ITCAssets acquired before March 28, 2023 or used in excluded activitiesEligible property list is prescriptive — custom assets may not qualify
CCUS ITCCO₂ used for EOR without meeting capture-efficiency minimumsMust meet CRA's geological storage or use-in-industrial-process test
Source: CRA, Government of Saskatchewan, NRC

Program verdicts — which programs deliver the best results for SK cleantech companies

Verdicts are based on funding volume, approval likelihood, and Saskatchewan-specific relevance — not every program is worth pursuing equally.
Verdict #1 — Best for R&D-intensive companies
SR&ED + IRAP stacking is the highest-ROI combination for most SK cleantech SMEs with active development work.
SR&ED on R&D labour/materials plus IRAP on different labour pools routinely return $400K–$700K combined for a 15-person team burning $1.5M per year. The key discipline: use IRAP-funded labour for commercially-directed development (customer prototypes, integrations), keep separately-tracked SR&ED experiments distinct, and never bill the same hour to both programs. A qualified SR&ED preparer is required — self-prepared claims for first-time filers have a high audit rate.
Verdict #2 — Best for petroleum-sector innovators
SPII is Saskatchewan's most under-utilised cleantech incentive — it requires no application and flows from existing royalty filings.
SPII provides a 25% royalty credit on eligible innovation costs incurred by SK petroleum royalty payers. Because it reduces provincial royalty — not income tax — it stacks cleanly with federal SR&ED, IRAP, and the CCUS ITC. Petroleum operators in Estevan, Lloydminster, and Kindersley with active technology development work who are not claiming SPII are leaving money on the table. The program is administered through the SK Ministry of Energy and Resources and requires documentation of eligible innovation activities separate from routine operations.
Verdict #3 — Best for capital-intensive clean-energy projects
The federal ITCs (CT-ITC, CCUS-ITC, Clean Hydrogen ITC) are the most impactful funding source for projects with $2M+ in eligible capital — but require careful asset categorization.
A $5M solar-plus-storage installation claiming the 30% CT-ITC returns $1.5M in non-refundable credits against corporate income tax over the asset's useful life. A CCUS project claiming the 37.5% ITC on $20M in capture equipment returns $7.5M. These credits are not grants — they offset tax payable, so a company must have (or project) sufficient taxable income to use them. For pre-profit startups, IRAP and SAIF are more immediately valuable. For profitable operators making capital investments, the ITCs are primary.
Verdict #4 — Weakest fit for most SK cleantech companies
SaskPower CEOP and SaskEnergy rebates are worth claiming but rarely move the needle on project economics for commercial developers.
Utility rebates from SaskPower and SaskEnergy are modest relative to federal ITCs and PrairiesCan BSP contributions. They are worth capturing — especially for smaller SMEs installing equipment for their own facilities — but a cleantech company whose business model is selling to others cannot claim CEOP directly (the end-customer claims it). Budget these as a bonus layer, not a primary funding source, when building a project pro-forma.

Which Saskatchewan clean technology program should you pursue first

Two decision trees — one for R&D-phase companies, one for capital-expenditure projects — narrow the shortlist in under 2 minutes.
Decision Tree A — R&D and Innovation Projects
  1. Is your company incorporated in Canada and paying Canadian corporate tax? If No → most programs are unavailable; explore PrairiesCan BSP as a non-corporate entity exception.
  2. Does your project involve scientific or technological uncertainty — not just business uncertainty? If YesSR&ED is your baseline; engage a preparer immediately.
  3. Is your team actively developing a product or service (not just doing basic research)? If Yesapply to IRAP for an ITA relationship — this unlocks funding AND advisory support that strengthens SR&ED claims.
  4. Are you a Saskatchewan petroleum royalty payer running the innovation? If YesSPII stacks on top — file your first quarterly claim with the Ministry of Energy and Resources.
  5. Is your project agricultural or agri-food? If Yesadd SAIF to the stack (up to $500K non-repayable from the Ministry of Agriculture).
  6. Is your company pre-revenue and looking for equity? If Yesapply for STSI designation to make your company an eligible investment target for SK angel investors seeking the 45% credit.
Decision Tree B — Capital Investment Projects
  1. Are you purchasing or constructing clean-energy property (solar, storage, wind, geothermal, heat pumps)? If YesCT-ITC (30%) applies; confirm asset is on the eligible-property list before purchase.
  2. Does your project involve carbon capture and storage? If YesCCUS ITC applies; rate is 50% for direct air capture, 37.5–40% for other capture. Confirm geological storage or approved use-in-process pathway first.
  3. Are you manufacturing clean-technology goods or extracting qualifying critical minerals? If YesCTM-ITC (30%) applies; confirm the finished goods or minerals qualify under the CRA eligible-list.
  4. Is your total project cost ≥$1M and do you need capital above what ITCs cover? If YesPrairiesCan BSP (50% contribution, up to $5M) — contact the PrairiesCan Saskatoon or Regina office before building a full application.
  5. Are you an existing SaskPower commercial customer installing distributed generation? If YesSaskPower CEOP pre-approval is required before ordering equipment.

Saskatchewan's clean technology ecosystem — regional funding landscape

Saskatchewan cleantech funding is concentrated in Saskatoon (innovation) and Regina (energy/policy), but extends across Estevan, Lloydminster, Prince Albert, Swift Current, and Humboldt through sector-specific programs.
Regional distribution of SK cleantech funding activity

Saskatoon is Saskatchewan's primary cleantech innovation hub, home to Innovation Place (Canada's largest research park by tenants), the University of Saskatchewan's Global Institute for Food Security and Clean Technology Centre, and Nutrien's global R&D operations. The majority of IRAP (NRC-IRAP Saskatoon office), SAIF, and SR&ED claims from the province originate here. Regina concentrates SaskPower CEOP administration, PrairiesCan Saskatchewan regional office, and provincial Ministry of Energy and Resources programs including SPII. The Estevan and Weyburn zone — Saskatchewan's Petroleum Belt — is the primary locus of CCUS ITC activity, with the Boundary Dam CCUS project (SaskPower) serving as the province's anchor carbon-capture facility and policy reference point. Lloydminster (straddling the SK–AB border) is the centre of heavy-oil technology, where producers use SPII for bitumen-recovery innovation and the CCUS ITC for associated-gas capture. Moose Jaw and Swift Current access SAIF and PrairiesCan BSP through the southern agriculture corridor, with precision-irrigation and crop-protection technology companies concentrated in the zone. Prince Albert serves as the gateway to northern forest-biomass and bioenergy projects, including biogas-to-energy and forest-residue-to-syngas innovations eligible under the Clean Hydrogen ITC and Energy Innovation Program. Yorkton and Humboldt support agri-food processing companies claiming SR&ED on crop-processing technology, while North Battleford and La Ronge serve First Nations economic development interests accessing PrairiesCan CEDD alongside provincial cleantech incentives. Key SK cleantech delivery bodies include Innovation Saskatchewan (province-wide strategy co-ordination), SREDA (Saskatoon Regional Economic Development Authority), SaskPower, SaskEnergy, and the Ministry of Trade and Export Development (STEP/STSI administration).

SK cleantech programs by region — quick reference
RegionPrimary SectorsMost Relevant Programs
SaskatoonAgtech, life sciences, digital cleantechIRAP, SR&ED, SAIF, STSI, PrairiesCan BSP
ReginaEnergy utilities, government, heavy manufacturingSaskPower CEOP, PrairiesCan BSP, CT-ITC
Estevan / WeyburnPetroleum, coal, carbon captureCCUS ITC, SPII, SR&ED
LloydminsterHeavy oil, bitumen upgradingSPII, CCUS ITC, SR&ED
Swift Current / Moose JawPrecision agriculture, crop scienceSAIF, SR&ED, CT-ITC
Prince Albert / NorthBiomass, forestry, First Nations energyEnergy Innovation Program, Clean Hydrogen ITC, PrairiesCan CEDD
Yorkton / HumboldtAgri-food processingSR&ED, IRAP, PrairiesCan BSP
Source: Innovation Saskatchewan, NRC, PrairiesCan, Government of Saskatchewan

Common questions about Saskatchewan clean technology grants

What is the eligibility threshold for Saskatchewan cleantech grants?
Eligibility varies by program. SR&ED requires Canadian incorporation, active R&D with scientific/technological uncertainty, and detailed technical documentation. IRAP requires an NRC Industrial Technology Advisor relationship before project start. SK-specific programs (SPII, SAIF, STSI) require at least 50% of operations in Saskatchewan. The federal ITCs (CT-ITC, CCUS ITC, CTM-ITC, Clean Hydrogen ITC) require Canadian incorporation and that eligible assets be acquired for use in Canada; there are no size thresholds, but companies must have taxable income to use non-refundable credits. PrairiesCan BSP requires a minimum project size of approximately $1M in total eligible costs.
How long does the application process take for Saskatchewan cleantech funding?
Tax credits (SR&ED, CT-ITC, CCUS ITC, CTM-ITC) are filed with the annual T2 corporate return — no pre-approval required, but CRA may reassess SR&ED claims 3–4 years later. IRAP requires 2–3 months to establish an ITA relationship and obtain a funding agreement; retroactive funding is not available. PrairiesCan BSP has intake windows that open periodically (typically 2–3 per year); application to contribution agreement takes 4–8 months. SAIF has semi-annual intakes; decisions take 2–4 months. SaskPower CEOP requires pre-project approval (2–6 weeks) before equipment is purchased.
How much funding can a Saskatchewan cleantech company receive in total?
A well-stacked Saskatchewan cleantech SME can access $1M–$3M in the first 3 years through combined federal and provincial programs. A profitable CCPC with $2M in R&D spend claims $700K in refundable SR&ED credits. Adding IRAP ($300K in labour contributions), a $500K SAIF grant (if agricultural), and the 30% CT-ITC on $1M in capital assets ($300K credit) reaches ~$1.8M before PrairiesCan BSP. A petroleum operator stacking SPII, SR&ED, and CCUS ITC on a $20M carbon-capture project can recover $8M–$12M in combined credits and royalty offsets. Individual stacking caps apply — consult a qualified R&D tax advisor before filing.
Are there deadlines for Saskatchewan cleantech grants in 2026?
SR&ED claims must be filed within 18 months of the fiscal year-end to which they relate — missing this deadline permanently forfeits the claim for that year. The federal ITCs have no application deadline but require eligible property to be acquired after the specified Budget announcement date (generally March 28, 2023 for CT-ITC/CTM-ITC; CCUS ITC is retroactive to 2022). PrairiesCan BSP intakes are announced through Prairie Economic Development Canada's website — typically 2–3 intakes per year with 6–8 weeks of application window. SAIF has semi-annual intakes (spring and fall). SaskPower CEOP and SaskEnergy rebates are ongoing but require pre-approval before project initiation.
Can Saskatchewan cleantech grants be stacked or combined?
Yes — most Saskatchewan cleantech programs are designed to be stacked. SR&ED and IRAP stack as long as the same dollar of labour cost is not claimed under both (IRAP reduces the SR&ED-eligible pool for those specific labour costs). Federal ITCs (CT-ITC, CTM-ITC, CCUS ITC, Clean Hydrogen ITC) stack with SR&ED, IRAP, SAIF, and SPII because they apply to different cost pools (capital assets vs. R&D labour). PrairiesCan BSP contributions do not reduce SR&ED eligibility. SPII (royalty credit) stacks with income-tax-based federal programs because it offsets provincial royalties, not federal income tax. The one constraint: federal ITC base amounts may need to be reduced when receiving certain government assistance — verify with a tax advisor before filing.

Not sure which programs fit your cleantech project?

GrantCompass matches your specific company profile — sector, stage, province, and project type — against all 14 active programs and returns a prioritized shortlist.

Get my funding shortlist →

What's changed for Saskatchewan clean technology funding in 2026

Budget 2025 and the 2026 federal clean-energy transition agenda produced the largest single-year shift in cleantech incentives since the SR&ED program was introduced.

SR&ED expenditure cap doubled (Budget 2025): The Budget 2025 federal budget raised the SR&ED enhanced-rate expenditure limit for Canadian-controlled private corporations directly from $3M to $6M per year. The maximum annual enhanced credit for an eligible CCPC rises to $2.1M/year (was $1.05M). This is the single largest SR&ED expansion in decades and is immediately in effect for 2025 fiscal years and forward.

CCUS ITC rates confirmed and clarified (2026): The carbon-capture investment tax credit rates — 50% for direct air capture, 37.5–40% for industrial capture equipment, 37.5% for transportation/storage/use — are confirmed for projects placed in service through 2030, stepping down gradually to 2040. Saskatchewan's Boundary Dam retrofit and proposed Estevan industrial capture projects are among the largest Canadian beneficiaries.

Clean Hydrogen ITC carbon-intensity thresholds set: CRA has finalized the lifecycle carbon-intensity tiers governing the Clean Hydrogen ITC (15–40% based on CI ≤ 4.0 kg CO₂e vs. ≤ 0.75 kg CO₂e per kg H₂). Prince Albert and La Ronge biomass-to-hydrogen projects qualify at the highest tier if the biomass is waste-derived.

PrairiesCan BSP intake schedule updated: Prairie Economic Development Canada announced expanded BSP intake for Saskatchewan clean-tech manufacturers and commercialization projects in 2026, with priority weighting for net-zero-enabling technologies. The Saskatoon and Regina regional offices have dedicated cleantech intake officers as of Q1 2026.

Canada-Saskatchewan Job Grant discontinued: The Canada-Saskatchewan Job Grant (ID 94 in program records) is discontinued as of 2026 — it was the primary provincial hiring-linked funding mechanism. Employers seeking workforce-related support for cleantech expansion should shift to the Skills and Training for Industry Program (STIP) Green Jobs stream and federal programs through Employment and Social Development Canada.

Source: Department of Finance Canada Budget 2025, CRA, PrairiesCan, Government of Saskatchewan

How to apply for Saskatchewan clean technology grants — 7-step process

The order matters: pre-approval programs (IRAP, SaskPower CEOP, PrairiesCan BSP) must be initiated before project spending. Tax credits (SR&ED, CT-ITC) are filed after fiscal year-end.
  1. Categorise your project — identify whether the primary activities are R&D (SR&ED, IRAP), capital investment (CT-ITC, CCUS ITC, CTM-ITC), or commercialisation/scale-up (PrairiesCan BSP). Most projects fall into 2 or more categories.
  2. Contact NRC-IRAP first — if any component involves applied R&D with a technical team, call the NRC-IRAP Saskatoon or Regina office before committing project spend. The ITA relationship is the prerequisite for IRAP funding; retroactive claims are not accepted.
  3. Engage an SR&ED preparer early — SR&ED claims require detailed contemporaneous technical documentation. Document your R&D hypotheses, experiments, and outcomes as you go; assembling this post-hoc is the #1 cause of claim denial. A qualified preparer should be brought in before the project starts, not at year-end.
  4. Apply for PrairiesCan BSP at intake opening — if your project includes capital investment over $1M, register interest with the PrairiesCan Saskatchewan office. Intake windows are limited; late applications are typically deferred to the next cycle.
  5. Register with SaskPower CEOP before ordering equipment — for distributed generation or storage projects, CEOP pre-approval is mandatory. Submit the application to SaskPower's commercial energy programs team before purchasing any eligible equipment.
  6. Categorise capital assets under the correct ITC — the federal clean-tech ITCs require that eligible assets be properly classified at acquisition. Work with your accountant to confirm whether assets fall under CT-ITC, CTM-ITC, CCUS ITC, or Clean Hydrogen ITC before filing. Incorrect classification cannot be corrected after the T2 is assessed.
  7. File SR&ED with your T2 within 18 months — the SR&ED claim (T661 form + technical reports) must be filed within 18 months of fiscal year-end. Missing this deadline forfeits the claim permanently for that year. Provincial IT&E (Saskatchewan Innovation and Science Fund) supplements may require separate provincial filings.
Source: CRA, NRC, PrairiesCan, Government of Saskatchewan