A look at some of the highlights from Thursday’s Manitoba budget
Posted April 30, 2015 4:11 pm.
Last Updated May 1, 2015 10:10 am.
This article is more than 5 years old.
WINNIPEG – A few highlights from Manitoba’s budget:
— Tobacco taxes going up by $1 a carton.
— Corporation capital tax on banks and other financial institutions rises to 6 per cent from 5 per cent.
— Primary caregiver tax credit increases to $1,400 from $1,275.
— Rental assistance for welfare recipients increases to $271 per household.
— A deficit of $422 million, virtually unchanged from last year.
— A $105-million draw down of the province’s rainy day fund to pay off debt and invest in infrastructure.
— A total of $15.5 billion in spending, an increase of 1.9 per cent
— A total of $1 billion for infrastructure as part of previously announced five-year plan