Gee....it's been said the NDP government has a spending problem not a revenue problem....I think they are right....here's the highlights....Just imagine what they could do with all that money if they got in federally......
PST rises to 8% in Manitoba's 2013 budget
By: Bartley Kives 3:01 PM
http://www.winnipegfreepress.com/breakingnews/PST-rises-to-8-in-Manitobas-2013-budget-203262521.html
Budget highlights
Your pocketbook
Retail sales tax increases to increase to 8 per cent on July 1 for a period of 10 years.
Basic personal tax exemption to rise by $250; spousal and dependent exemptions also go up by $250.
School property taxes to be eliminated for all seniors by 2015.
Provincial sales taxes will be removed from baby supplies, such as diapers, car seats and strollers.
Minimum wage to rise 20 cents to $10.45 an hour Oct. 1.
Effective at midnight tobacco taxes are going up. The increase is four cents per cigarette to 29 cents per smoke.
Fishing licences going up $5 due to a doubling of the fishing ‘enhancement ‘levy.
Spending
Government spending is expected to increase by 3.1 per cent as revenues rise 3 per cent.
Health spending will rise by 4.5 per cent and education related spending is also projected to go up 4.5 per cent.
The province has created a $30 million contingency fund to battle this year’s flood; it expects to spend another $105 million in ongoing flood mitigation.
The province’s finances
A deficit of $518 million is forecast for 2013-2014.
The deficit for the recently completed 2012-2013 fiscal year is now projected to hit $583 million, up $16 million from what was projected in December.
Debt servicing costs are expected to increase by $19 million.
Budget winners and losers
The Department of Immigration and Multiculturalism will see its spending plummet by 57 per cent due to federal cuts last year to settlement services.
Conservation and Water Stewardship spending will drop 6.2 per cent due to the elimination of positions and reductions in grants.
The Department of Justice will receive a budget hike of nearly 10 per cent due to an increased inmate population.
The Health Department will see 2.7 per cent more funding (4.5 per cent more on a summary budgeting basis).
PST rises to 8% in Manitoba's 2013 budget
By: Bartley Kives 3:01 PM
http://www.winnipegfreepress.com/breakingnews/PST-rises-to-8-in-Manitobas-2013-budget-203262521.html
Budget highlights
Your pocketbook
Retail sales tax increases to increase to 8 per cent on July 1 for a period of 10 years.
Basic personal tax exemption to rise by $250; spousal and dependent exemptions also go up by $250.
School property taxes to be eliminated for all seniors by 2015.
Provincial sales taxes will be removed from baby supplies, such as diapers, car seats and strollers.
Minimum wage to rise 20 cents to $10.45 an hour Oct. 1.
Effective at midnight tobacco taxes are going up. The increase is four cents per cigarette to 29 cents per smoke.
Fishing licences going up $5 due to a doubling of the fishing ‘enhancement ‘levy.
Spending
Government spending is expected to increase by 3.1 per cent as revenues rise 3 per cent.
Health spending will rise by 4.5 per cent and education related spending is also projected to go up 4.5 per cent.
The province has created a $30 million contingency fund to battle this year’s flood; it expects to spend another $105 million in ongoing flood mitigation.
The province’s finances
A deficit of $518 million is forecast for 2013-2014.
The deficit for the recently completed 2012-2013 fiscal year is now projected to hit $583 million, up $16 million from what was projected in December.
Debt servicing costs are expected to increase by $19 million.
Budget winners and losers
The Department of Immigration and Multiculturalism will see its spending plummet by 57 per cent due to federal cuts last year to settlement services.
Conservation and Water Stewardship spending will drop 6.2 per cent due to the elimination of positions and reductions in grants.
The Department of Justice will receive a budget hike of nearly 10 per cent due to an increased inmate population.
The Health Department will see 2.7 per cent more funding (4.5 per cent more on a summary budgeting basis).
