Finvilo

Banking, loans and insurance in Saskatchewan

Saskatchewan credit union deposits are guaranteed in full by the Credit Union Deposit Guarantee Corporation, and compulsory basic auto insurance comes from SGI through the Saskatchewan Auto Fund.

Deposit protection

The Credit Union Deposit Guarantee Corporation guarantees 100% of deposits at Saskatchewan credit unions. Bank deposits are covered by CDIC.

Auto insurance

Basic coverage is included with vehicle registration through SGI. Optional packages are sold by SGI Canada and other insurers through brokers.

Sales and property tax

Saskatchewan charges 6% PST plus 5% GST. There is no land transfer tax; buyers pay title transfer fees to the provincial land registry. Property assessments outside the largest cities are prepared by SAMA.

Local rules by city

Offers confirmed in Saskatchewan

These products name Saskatchewan in the availability terms the provider publishes. Most listings do not state provincial availability yet, so check other categories too.

SGI logo

SGI

Basic minimum coverage

Basic minimum coverage is compulsory Saskatchewan auto insurance provided by SGI and purchased with licence plates and vehicle registration. It includes collision and comprehensive damage, personal injury and liability; vehicle damage coverage is subject to a deductible.

Availability
Saskatchewan; compulsory coverage provided by SGI
Coverage included
Collision and comprehensive; personal injury; liability
Full details for Basic minimum coverage (opens in new tab)

Offers the provider lists as nationwide

BDC logo

BDC

BDC Business Purchase or Transfer Loan

Financing to buy, merge with or take over a Canadian business, including some transaction costs.

Repayment
Flexible, with interest-only payments at the start
Eligibility
Business being bought must be Canadian and generating revenue, with an agreed price and clear structure
Uses
Buying a business, competitor or supplier; management or employee buyouts; family transfers; refinancing seller financing
Additional costs
Can include legal fees, moving costs, goodwill and client lists
Full details for BDC Business Purchase or Transfer Loan (opens in new tab)
BDC logo

BDC

BDC Technology Equipment Loan

A loan for hardware, software, cybersecurity, digital infrastructure and expert IT advice.

Eligibility
Business based in Canada, generating revenue for at least 12 months, with a good credit track record
Uses
Servers, computers, software, cloud, AI tools, websites, e-commerce, cybersecurity
Professional services
Can cover IT planning, strategy, security and online sales advice
Provinces
Nationwide
Full details for BDC Technology Equipment Loan (opens in new tab)
BDC logo

BDC

BDC Working Capital Loan

A loan for growth projects such as inventory, supplier payments, new markets and hiring, without using everyday cash.

Eligibility
Business based in Canada, generating revenue for at least 12 months, with a good credit track record
Uses
Inventory, suppliers, new markets, product development, IP protection, marketing, hiring and training
Sustainability projects
Energy efficiency and green retrofit projects eligible
Provinces
Nationwide
Full details for BDC Working Capital Loan (opens in new tab)

Institutions serving Saskatchewan

These institutions operate in Saskatchewan. Membership and residence rules vary, and not every product they offer is available everywhere.

Common questions in Saskatchewan

Who guarantees Saskatchewan credit union deposits?
The Credit Union Deposit Guarantee Corporation, which guarantees them in full.
Do I buy basic car insurance separately in Saskatchewan?
No. Basic coverage comes with your SGI vehicle registration.

Official sources

Limits and rules can change. Confirm current terms with the provincial body before relying on them. This is general information, not financial advice.