Government of Saskatchewan: Saskatchewan Value-Added Agricultural Incentive (SVAI)

A non-refundable, non-transferable 15% tax credit on capital expenditures valued at $10 million or more for newly expanded value-added agriculture facilities in Saskatchewan. Companies apply the benefit against corporate income (CIT) owing and are able to claim the benefit over a three- to 10-year period once the new or expanded facility is brought into operation. Value-added agriculture is defined as: The physical transformation or upgrading of any raw/primary agricultural product(s) or any agricultural byproduct or waste into a new or upgraded product.