The Canadian Press

2016-06-01 | MBAbudget

Preview Clip

Manitoba's new Progressive Conservative government has put forward a budget that contains some tax changes, no major spending cuts and a small dent in the provincial deficit. The budget predicts a deficit of 911-million dollars -- 100-million lower than last year. Premier Brian Pallister says the government is gradually moving to a balanced budget in eight years. (The budget cuts a school tax rebate for middle and high-income senior homeowners. It also indexes income tax brackets to the rate of inflation, so that they increase every year. For the first time in 17 years, the budget contains no increase to the minimum wage -- something the Opposition New Democrats say will hurt people in need.)

Date: 2016-06-01
Placeline: WINNIPEG.
Source: The Canadian Press
Length: 18 seconds

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