All budget proposals are subject to legislative approval.
Manitoba 2021 Budget - April 7, 2021
2020/21 deficit $2.08 billion
2021/22 $1.6 billion
2022/23 $374 million
2023/24 $254 million
2024/25 $209 million
This of course depends on economic growth, and the above are not the best
case or worst case scenarios.
Personal Tax Measures
Education Property Tax Rebate
In 2021, rebate cheques of 25% of school division special levy and
community revitalization levy payable will be paid automatically (no
application needed) to owners of residential and farm properties
Existing education property tax offsets will be proportionately
reduced by 25% in 2021, including
Education Property Tax Credit and Advance;
Seniors School Tax Rebate;
Seniors Education Property Tax Credit; and
Farmland School Tax Rebate
Owners of other properties will receive a 10% rebate.
Teaching Expense Tax Credit
Starting in 2021 tax year
Will apply to purchases of eligible teaching supplies made by
educators that are not reimbursed by their employer.
15% refundable credit for up to $1,000 in supplies ($150 maximum
Parallels the eligibility criteria of existing federal Eligible
Educator School Supply Tax Credit.
Retail Sales Tax (RST) Measures Effective Dec 1, 2021
Personal services (hair services, etc) will be exempted from RST
Streaming services will be subject to RST.
Online Marketplaces will be required to collect and remit RST on the sale
of taxable goods sold by third parties on their electronic platforms.
Online accommodation platforms will be required to collect and remit RST
on the booking of taxable accommodations.
Business Tax Measures
Health and Post-Secondary Education Tax Levy
Exemption threshold increased from $1.5 million to $1.75 million
effective Jan 1, 2022.
Threshold below which employers pay a reduced rate is raised from $3
million to $3.5 million.
Measures effective for the 2021 taxation year:
Interactive Digital Media Tax Credit eligible activities expanded.
Small Business Venture Capital Tax Credit:
Maximum eligible investment increases from $450,000 to $500,000.
Maximum tax credit claimable increases from $67,500 to $120,000.
Film and Video Production Tax Credit
Frequent filming bonus temporarily paused for 2 years re COVID-19
Companies that were eligible for the bonus on Mar 31, 2020 will have
that status remain in effect until Mar 31, 2022, at which their frequent
filming status resumes.
Vehicle Registration Fee Reduction
10% reduction starting with renewals after Jun 30, 2021.
For complete budget details see
Emergency Supplement to 2020 Budget (pdf)
Budget Implementation and Tax Statutes Amendment Act and Explanatory
Note - This bill received Royal Assent Nov 6, 2020.
indicates that the previously announced (below)
retail sales tax rate reduction, introduction of a green levy and the tobacco
tax rate increase that were effective July 1, 2020 have all been Taxation
Changes - 2020 Budget deferred
until further notice.
of the Seniors
Economic Recovery Tax Credit (COVID-19): $200 refundable tax
credit can be claimed on 2020 tax returns if the eligible senior did not
receive a $200 advance payment for this (sent May and June). This can
be entered in the Detailed
Canadian Tax and RRSP Savings Calculator, in the input field for
refundable tax credits, just before the Income tax payable (refundable if
Payroll Tax: The
Health and Post Secondary Education Tax Levy (HE Levy) is imposed on
wages paid by employers. As
of January 1, 2021, payroll thresholds will be increased in order to
reduce the cost to businesses, and eliminate the tax from some employers.
Retail sales tax
(RST) rate reduced from 7% to 6% effective
July 1, 2020 - . deferred until further notice
Preparation of personal income tax returns will be exempt
from RST effective Oct 1, 2020.
fees will be eliminated as of July 1, 2020 (as announced in December 2019)
Green Levy: Effective July 1, 2020, Manitoba will introduce
a green levy of $25 per ton. RST will not be levied on the green
levy. It's expected that the RST reduction will more than offset the green
levy. . - deferred until further notice
Tobacco Tax will increase effective July 1, 2020 - . deferred until
For information on all fiscal measures see Tax and Fee Measures in the
Budget and Budget Papers pdf file.
no personal or corporate income tax rate changes
Retail sales tax (RST) rate reduced from 8% to 7% effective
July 1, 2019
RST will not be charged on the federal carbon tax which
will be levied on natural gas and coal beginning April 1, 2019.
Income Tax Act, to parallel federal changes:
amendments to parallel the federal Tax On Split Income (TOSI)
veteran benefits as income eligible for the pension income tax credit
Film and Video
Production Tax Credit (made permanent),
Small Business Venture
Capital Tax Credit (3 years to 2023),
Printing Tax Credit (1 year to 2021), limiting the credit to $1.1 million per
Book Publishing Tax
Credit (5 years to 2025).
2018 Budget - March 12, 2018
2017 Budget - April 11, 2017
2016 Budget - May 31, 2016
2015 Budget - April 30, 2015
2014 Budget - March 6, 2014
2013 Budget - April 16,
Budget - April 17, 2012
2011 Budget - April 12, 2011
2010 Budget - March 23, 2010
2009 Budget - March 25, 2009
2008 Budget - April 9, 2008
2007 Budget - April 4, 2007
Revised: May 12, 2021