Budget 2010 invested in infrastructure, innovation and the green economy to both create jobs and position Manitoba for a successful future. Budget 2011 provides further investments to support job creation, innovation and environmentally focused projects.
add hundreds of new apprenticeship seats
invest close to $1.8 billion in infrastructure programs including roads, parks, water infrastructure and housing
introduce a new program to support business innovation
develop a plan for the third phase of construction at Assiniboine Community College’s campus in Brandon
open the new hydro-electric dam at Wuskwatim
increase the Green Energy Equipment Tax Credit for geothermal heating
A decade of balanced budgets put Manitoba in a strong position to address the economic downturn. All Canadian governments, provincial and federal, went into deficit.
While Manitoba was in a better position than other governments, the province still faced a budget shortfall.
Manitoba’s Five-Year Economic Plan was developed to address this shortfall. Targeted strategies were introduced to restore balance over five years and return to surplus in Budget 2014.
In Budget 2011, Manitoba continues to maintain the responsible fiscal approach that has earned six credit rating improvements in the last decade.
The province has a high standard of living for a comparatively low cost. Manitoba’s Five-Year Economic Plan ensures this affordability advantage remains by maintaining competitive tax rates, supporting rural and urban communities and improving housing, safety and education.
increase the Education Property Tax Credit
increase the Farmland School Tax Rebate
increase the maximum Education Property Tax Credit for seniors
introduce a new tax credit to help families with the cost of arts and cultural activities for children
introduce the Neighbourhoods Alive! Tax Credit to create jobs for people facing barriers to employment
ensure more predictable funding and greater future revenue growth in grants for municipalities