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Supporting a growing Saskatchewan tech sector

As the province emerges from the pandemic, the government remains committed to creating a competitive business environment that stimulates investment and growth, Minister Responsible for Innovation Saskatchewan Jeremy Harrison said.  The STSI program is well positioned to do this.  By reducing the barriers tech entrepreneurs face in accessing capital, the program has been instrumental in supporting the growth of tech startups that bring new products to market and create jobs in the province. STSI offers a non-refundable 45 per cent tax credit to individuals, corporations, and venture capital funds that invest in early-stage technology companies.  Since launching in 2018, the program has attracted $22 million of investment and supported the creation of 144 new jobs among 62 eligible companies.  The incentive has increased the size of the province s investor pool, with 184 investors being approved to raise capital.

Cap on food delivery fees in Sask extended to end of August

The Saskatchewan government served up more help for the restaurant sector and its customers Wednesday. The government introduced legislation that will extend the cap on food delivery fees until Aug. 31. The cap, which initially was introduced March 24, was to expire April 30. The province also announced it’s expanding the eligibility for businesses to provide home delivery of alcohol products. Food delivery fees capped The caps in the legislation, which apply to third-party delivery providers that serve more than 50 restaurants in the province, are the same as those initially announced. Providers can charge up to 18 per cent of the pre-PST order price if they handle the order. Fees can be up to 10 per cent of the order price when a restaurant uses a third party ordering app but the restaurant handles the delivery or the customer picks up the order.

Harrison and Young continue to spar over jobs plan

Harrison and Young continue to spar over jobs plan
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