Saskatchewan Chemical Fertilizer Incentive (SCFI)
“Saskatchewan. Trade and Export Development”
The funder does not disclose this information
Maximum Eligible Amount
Tax Credit
Fund Type
The Saskatchewan Chemical Fertilizer Incentive (SCFI) is a non-refundable, non-transferable 15% tax credit on capital expenditures valued at $ 10 million or more for newly constructed or expanded eligible chemical fertilizer production facilities in Saskatchewan.
Upon the commissioning of a new or expanded facility, companies apply the benefit against CIT owing and are able to claim the benefit over a three- to 10 year period. Redemption of the benefits is limited to 20% in year one after the facility enters operation, 30% in year two and 50% in year three.