Posted Mar. 23, 2017
For more information read the Government of Saskatchewan's news release from May 17, 2017.
On March 22, 2017, the 2017-18 Saskatchewan budget was announced. As part of this budget, effective July 1, 2017 the Provincial Sales Tax (PST) of six per cent will apply to all insurance premiums.
As a result, the PST will apply to premiums for the Crop Insurance Program and the Western Livestock Price Insurance Program (WLPIP) starting on July 1, 2017. This means producers who purchase Crop Insurance for the 2017 growing season will have the PST applied to their portion of their 2017 insurance premium. The government’s portion of the Crop Insurance premium will not include PST. Producers will see the PST charge on their statement of insurance issued in July.
For producers who purchase WLPIP coverage after July 1, 2017, PST will be applied to their premium.
For more information please contact your local Crop Insurance office.