To maintain Saskatchewan‘s status as Canada’s most affordable province, the government has introduced the Saskatchewan Affordability Act, featuring 13 key initiatives. The landmark legislation, announced by Deputy Premier and Finance Minister Jim Reiter, includes the largest personal income tax reduction since 2008, benefiting over 54,000 residents who will become exempt from provincial income tax. The Act encompasses various measures, from enhanced tax credits for families and seniors to increased support for small businesses, disability assistance, and first-time homebuyers, demonstrating a comprehensive approach to addressing cost-of-living pressures across the province. The initiatives are expected to benefit recent immigrants to Saskatchewan by reducing their tax burden and providing additional support for housing and small business development, making the province an even more attractive destination for newcomers seeking economic opportunities.
