Manitoba's NDP Budget: Deficit, Tax Hikes, and Federal Dependence
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Manitobas NDP government unveils budget with a projected deficit of $498 million, down from previous years. They plan to boost income taxes and sales tax revenue, while cutting provincial sales tax on groceries. Economists express concerns about the income tax increase amidst slow growth and inflation. The budget relies on Manitoba Hydros financial recovery and federal transfers, with debt nearing $40 billion.
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