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2014 Manitoba budget highlights

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MANITOBA BUDGET BALANCE

Budget highlights

  • Improved tax credit of $5,000 to encourage employees take on more apprentices
  • Hiring 50 more teachers to further reduce class sizes
  • Work with First Nations to increase graduation rates and job training
  • Create Young Entrepreneurs Technology Grants to help young people with innovative business ideas pursue those ideas in Manitoba.
  • Introduce new Rent Assist benefit to help people on social assistance. Over four years, rent support for recipients will rise to 75 per cent of median market rent.
  • Minimum wage will increase again, but by how much is still to be announced.
  • $5.5 million will be added for new child-care spaces and to help workers get paid more.
  • Assistance to City of Thompson to establish community safety-officer program.
  • All home-owning seniors will be able to apply for an education tax rebate of $235 in 2014, taking 7,200 seniors off tax rolls.
  • New low-cost loan program to make it easier for families to buy winter tires.
  • The government is more than halfway to its target of reducing civil service by 600 people. There are 370 fewer public servants.
  • Government spending will be held to two per cent and nine government departments will be frozen or cut.
  • Tobacco tax is not being increased in the budget and increases to user fees are minor, for the most part aimed at specialized government services such as veterinary diagnostic services and a new fee for the annual international education provider designation fee. ($1,000).

History

Updated on Thursday, March 6, 2014 at 5:14 PM CST: Adds infographic

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