SMALL BUSINESSES
NEED TAX RELIEF NOW!

Manitoba businesses are still in recovery mode

For months, Manitoba businesses had to deal with closures, capacity limits, and declining revenues.

Now they are facing soaring inflationskyrocketing business costsdebtlabour shortages, and supply chain challenges.

Businesses need tax relief and cost certainty to help our economy recover.

End the job-killing Payroll Tax!

MANITOBA’S MARGINAL PAYROLL TAX RATE IS THE HIGHEST OUTSIDE OF QUEBEC

Employer Effective Marginal Provincial Payroll Tax Rate (%) at $1.75 million in total payroll, by Province (excluding Quebec) in 2022

CFIB has pushed hard for improvements to the Health and Post Secondary Education Tax Levy (HE Levy) and is making progress.

Beginning January 1st, 2023, the new exemption threshold will be $2 million in total payroll. BUT THERE IS MORE WORK TO DO.

Education Property Taxes: businesses are paying more than their fair share

Education Property Taxes, Credits and Rebates on a $314,000 property, City of Winnipeg, 2022

While the Government of Manitoba announced plans to eliminate all education property taxes over 10 years, its short-term plan to phase them out means businesses are paying more than their fair share.

In 2022, a homeowner in the City of Winnipeg is receiving credits and rebates equal to 49% of their tax bill – but a commercial property owner receives just 10% back for the same assessed property value, and PAYS 5.6 TIMES as much in education property taxes!

Residential and Commercial Education Property Taxes on a $314,000 property, City of Winnipeg, 2022

*Based on average assessed property value in the City of Winnipeg in 2022 ($314,000).

Manitoba basic personal amount is the third lowest in Canada!

Manitoba’s Basic Personal Amount (BPA) is the THIRD LOWEST in Canada, behind only Nova Scotia and Newfoundland and Labrador. Increasing the BPA is a top tax relief priority for small business owners.

However, the Government of Manitoba BROKE PROMISES in 2016 and 2018 to significantly increase the BPA and move it closer to the national average.

SIGN THE PETITION

Hon. Heather Stefanson, Premier of Manitoba

CC: My Member of Parliament

Small businesses need tax relief and cost certainty to plan for their future and help drive Manitoba’s economic recovery.

The Manitoba government must take action and announce policies that will support small businesses.

Help make Manitoba tax competitive:

  • Increase the Health and Post Secondary Education Tax Levy (HE Levy) exemption threshold to $2.5 million.
  • Keep the commitment to eliminate education property taxes, and ensure commercial property owners aren’t paying more than their fair share in the meantime.
  • Significantly increase the Basic Personal Amount and ensure tax brackets are indexed to inflation.