Saskatchewan Passes Tax Relief and Carbon Levy Exemption Bills
The new legislation reduces personal income taxes and exempts home heating from federal carbon levies, offering financial relief to residents.
- The Saskatchewan government passed two affordability-focused bills promised during Premier Scott Moe's fall election campaign.
- The Saskatchewan Affordability Act reduces personal income taxes, saving an average family of four over $3,400 across four years.
- A second bill continues to exempt residents from federal carbon levies on home heating, projected to save families approximately $480 in the next year.
- The legislation also includes tax credits for first-time homebuyers and home renovations, as well as expanded benefits for children’s sports and arts programs.
- Opposition NDP supported the bills but called for additional measures, such as suspending the provincial gas tax and removing sales taxes on certain ready-to-eat grocery items.