PST Charges Start August 1

On March 22, 2017, the 2017-18 Saskatchewan budget was announced. As part of this budget, effective August 1, 2017, the Provincial Sales Tax (PST) of six per cent will apply to insurance premiums for Crop Insurance, WLPIP and the AgriStability fee and administrative cost share (ACS).

Posted Aug. 01, 2017

Enrolment notices will be charged PST on the enrolment fee and administrative cost share.  WLPIP policies purchased on or after August 1, 2017, will have PST applied to their premium.

2017 Crop Insurance premiums are not charged PST, as policies were purchased before the August 1, 2017, implementation date. Producers who purchase Crop Insurance for the 2018 growing season will have the PST applied to their portion of the Crop Insurance premium, which will appear on the Statement of Insurance in July 2018.

Contracts of insurance purchased by status Indians, Indian bands or non-commercial band-empowered entities are exempt from PST. Exempt sales certificates need to be completed or produced to qualify for the exemption.

Producers with questions about how the PST applies to Crop Insurance, AgriStability and WLPIP can contact their local SCIC office or either SCIC toll-free line.