Manitoba Tories promise to nearly double the charitable tax credit
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Hey there, time traveller!
This article was published 08/09/2023 (1101 days ago), so information in it may no longer be current.
STEINBACH, MAN. – Manitoba Progressive Conservatives are promising to nearly double the charitable tax credit for people who make financial donations if they are re-elected Oct. 3.
Kelvin Goertzen, a Tory cabinet minister running for re-election in Steinbach, says Manitobans give their time and money and should be recognized for their generosity.
The Tories say they would increase the rebate on the first $200 given to a registered charity from 10.8 per cent to 20 per cent.
They would also increase the rebate on contributions beyond $200 to 25 per cent.
Goertzen says it would cost around $12 million annually.
The Progressive Conservatives have been focused on affordability announcements this week, including promising financial supports for seniors and to cut the lowest income tax bracket in half over four years.
This report by The Canadian Press was first published Sept. 8, 2023.