NEW! Saskatchewan Petroleum Innovation Incentive Program now open

Print this Article

The Saskatchewan Petroleum Innovation Incentive (SPII) offers transferable royalty/freehold production tax credits for qualified innovation commercialization projects at a rate of 25 per cent of eligible project costs. The program targets a broad range of innovations deployed across all segments of Saskatchewan's oil and gas industry.

The SPII program is open to both pilot projects and commercial scaling projects, giving applicants the ability to test their innovations in a pilot setting, then deploy them at larger commercial scales.

For the program benefits, eligibility and how to apply, visit the Government of Saskatchewan’s website. The ministry will be accepting applications from July 8, 2019 to March 31, 2024.

Back to Regulatory Affairs