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New spending, tax changes: Highlights of the Manitoba provincial budget

Click to play video: '2025 Manitoba Budget reaction'
2025 Manitoba Budget reaction
Manitoba stakeholders are reacting to the 2025 Budget. And the reaction is mixed – Mar 20, 2025

The Manitoba government outlined major spending increases on capital projects and a mix of tax measures in its annual budget tabled Thursday. Here are some highlights:

— Capital spending will increase to create jobs, and municipalities will get four per cent of the fuel tax for arenas, playgrounds and other projects.

— The province is projecting a deficit of $794 million, but that could increase to almost $1.9 billion if tariffs imposed by the United States are sustained.

— The payroll tax for businesses will be reduced by raising the threshold at which the tax kicks in and a second threshold aimed at larger employers.

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— Personal income tax brackets will no longer rise with inflation.

— The provincial free birth control program will be expanded to include the morning-after pill.

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— A tax credit for homeowners will rise by $100 to $1,600, although the government will take in more money than under a previous rebate system.

— A new security system rebate for small and medium-sized businesses, worth up to $2,500 per business, will be offered to reduce crime.

— Tesla vehicles and vehicles made in China will no longer be eligible for the province’s electric vehicle rebate.

— Provincial park entry fees will be waived for one year.,

Click to play video: 'Budget survey wraps up but will it make a difference?'
Budget survey wraps up but will it make a difference?

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