According to the 2015 provincial budget, families now pay up to $3,285 more in provincial taxes and crown corporation utility fees in Manitoba compared to Saskatchewan.
It wasn’t always this way. In 2006, living in Manitoba was $50 cheaper than living in Saskatchewan for the average family. By 2015, Manitoba lost its advantage and families now face a $3,285 disadvantage.
The Manitoba government needs to stop the spin about being an affordable province and provide tax relief for Manitoba families. Specifically, CFIB is calling for the Manitoba government to:
- Reduce the PST back to 7%;
- Raise the Basic Personal Tax Exemption by at least $1,750 so we are competitive with the Canadian provincial average; and
- Eliminate the silent annual income tax hike caused by “Bracket Creep”.