Beyond that built-in reduction, the main tool an individual owner has is disputing the assessed value through the Board of Revision if it looks out of line with genuinely comparable sales, since a lower assessed value directly lowers the taxable amount the mill rate is applied to.
Specific exemption or deferral programs do exist in various Canadian municipalities for particular groups of owners, and eligibility rules differ by program and change over time, so a Saskatoon homeowner should confirm current details directly with the City of Saskatoon rather than assume a program elsewhere applies the same way here.
The one number every Saskatoon owner can rely on without checking anything further is that 80 percent baseline reduction applied before any other relief comes into play.
Get your hand-reviewed valuation from Joel Dyck.