WINNIPEG â€” The Manitoba government released its 2017-18 budget on Tuesday. Here is a look a some of the highlights:
â€” No increases to personal or business taxes.
â€” Department spending increases are being held at or near the rate of inflation: 1.8 per cent for health; 1.1 per cent for education.
â€” Tuition fee income-tax rebate for post-secondary graduates who stay to work in Manitoba â€” worth up to $2,500 a year per person â€” to be phased out by 2018.
â€” Primary caregiver tax credit for people looking after relatives in their homes capped at $1,400 a year.
â€” Research and Development Tax Credit for scientific development reduced to 15 per cent from 20.
â€” Maximum tax credit for political contributions to increase next year to $1,000 from $650.
â€” Province to help create 501 new licensed child-care spaces and 50 home-based spaces.
â€” Government predicting an overall deficit of $840 million â€” $32 million less than last year.
The Canadian Press