SASKATOON, SK: The Canadian Taxpayers Federation is applauding the Saskatchewan government for committing to lower the Education Property Tax mill rate in Budget 2025.

“Saskatchewanians need tax relief and this property tax cut will make a real difference for property owners,” said Gage Haubrich, CTF Prairie Director. “Tax cuts like this help grow the economy and leave more money in taxpayers’ pockets.”

The government of Saskatchewan announced today that it will be lowering Education Property Tax mill rates in its next budget. The government previously raised Education Property Tax mill rates in 2022.

This cut will save taxpayers more than $100 million annually, according to the government. The provincial government plans to take in about $805 million in property tax this year.

A Regina family currently pays a total property tax bill of about $3,118 on a typical home.

Families need tax relief as a majority of Saskatchewanians report that they are struggling or uncomfortable financially, according to Angus Reid polling.

“This is a good first step that helps make Saskatchewan farmers and businesses more competitive amid economic uncertainty,” said Haubrich. “But the government needs to take the next step and offer more tax relief to all Saskatchewanians.”