Moose Jaw's Economic Advantage

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Construction Sector

2018 BUILDING PERMIT REPORT Building permits are a traditional indicator of a local investment and economic health. The City of Moose Jaw Building Permit Report indicates local investment is slightly lower this year than the same six-month period in 2017, with the lion’s share of investment coming from residential construction. For the period January 1 - June 30, 2018, the City issued 93 permits valued at $8,441,870, down from $18,868,961 recorded in 2017 with 160 permits issued. Permits for 11 single family homes in the first six months of 2018 is down from the 24 permits issued for the same period in the prior year.

More information located on Building Permits Page

2017 BUILDING PERMIT REPORT SUMMARY In 2017, the City issued 306 permits valued at $39,635,878, comparable to 2016 of $38,918,146 (285 permits). The value of commercial and industrial building permits increased by 1.0 per cent to $15,856,827 compared to $15,691,956 recorded in 2016. As well, residential construction values in 2017 totaling $20,203,534 were down by 8.2 per cent compared to $22,005,391 recorded in 2016.

 

 

Moose Jaw Tax Incentives

INVESTMENT TAX INCENTIVES Saskatchewan offers a variety of advantages to manufacturers, including Corporate Income Tax rate as low as 10 per cent (depending on the type of operation), no Corporate Capital Tax, a 6 per cent refundable tax credit for investment in manufacturing and processing equipment and facilities, and the ability to use 100 per cent of eligible Research and Development expenses against net income for the purpose of calculating federal tax credits.

CITY COMMERCIAL AND INDUSTRIAL TAX PHASE-IN The City of Moose Jaw provides a five year property tax phase-in to new builds or expansions. The exemption is applied to the increased assessed value resulting from construction, as follows: 100% Year 1; 80 % Year 2; 60% Year 3; 40% Year 2; and 20% Year 5.

CITY JOB CREATION INCENTIVE Eligible sectors can receive a five year property tax phase-in (sliding scale based on the number of jobs created). For example, a company creating
more than 60 new jobs in manufacturing or processing, transportation/warehousing distribution or communications
and research sectors can receive a five-year 100% property tax exemption(excluding land).

OTHER PROPERTY TAX INCENTIVES ARE AVAILABLE FOR:
City Heritage, Re-Use of an Existing Building; Living over Shops; Replacement Housing/Vacant Lot In-fill Incentive; and Grayson Business Park (Environmental Phase I).

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