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Saskatchewan Chamber Reacts to 2025 Provincial Budget Focused on Sustained Growth

March 19, 2025

REGINA, SK – The Saskatchewan Chamber of Commerce is pleased with the investments to support businesses in our province in the Government of Saskatchewan’s 2025-26 Budget.

The Chamber is encouraged by the commitments in the Budget that align with its long-standing advocacy efforts, including:

  • The creation of a 45% credit for equity investment for small and medium enterprises in certain sectors.
  • Permanently maintaining the small business tax rate at 1%.
  • A $285,000 investment to establish a Young Entrepreneur Bursary, administered by the Saskatchewan Chamber of Commerce, providing $5,000 grants to 57 eligible young entrepreneurs.

The Chamber has consistently advocated for tax policies that enhance affordability and support talent attraction and retention. The announced income tax reductions will provide much-needed relief for families. Any tax reduction is a positive step, particularly as affordability remains a key concern for both residents and businesses.

Further, the 20% increase in the Graduate Retention Program’s tax credit benefits will play an important role in encouraging graduates to build their careers in Saskatchewan.

“We are pleased to see the government’s investments in business priorities. The announcements made today will help to fuel growth of SMEs, promote entrepreneurship and strengthen Saskatchewan’s economy for the future,” said Prabha Ramaswamy, CEO, Saskatchewan Chamber of Commerce.

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ABOUT SASKATCHEWAN CHAMBER OF COMMERCE

The Saskatchewan Chamber of Commerce is the voice of business in Saskatchewan, advocating for policies that drive economic prosperity and create opportunities for businesses of all sizes. Representing over 10,000 individual businesses, industry associations, and local chambers, the Chamber is committed to fostering a competitive business environment in the province. Learn more at saskchamber.com or follow @SaskChamber on FacebookTwitterInstagram, and LinkedIn.

 

FOR MORE INFORMATION:

Josie Fries

Senior Director of Marketing and Events

E: jfries@saskchamber.com    |    P: 306-781-3125

 

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