News - Budget

Manitoba Beef Producers (MBP) has a mixed response to the 2012 Manitoba Budget tabled yesterday.

Budget 2012 is a plan to keep Manitoba moving forward through uncertain times, by focusing on the things that matter most to families and by finding responsible ways to reduce spending, Finance Minister Stan Struthers announced today.

The federal budget carried with it some good news, but also raised some questions for the Canola Council of Canada (CCC).

The Association of Manitoba Municipalities (AMM) is supportive of commitments to a long-term infrastructure plan, funds for community centres, and improved internet access, but disappointed in the federal government’s failure to deliver on housing in the new budget.

The Honourable Vic Toews, Canada’s Minister of Public Safety and Regional Minister for Manitoba, commented on the positive benefits to Manitoba businesses, families, First Nations and travellers included in Economic Action Plan 2012, Jobs, Growth and Long Term Prosperity.

Tonight marks the first of six pre-budget consultation meetings allowing all Manitobans the chance to have their voices heard as the government works toward announcing the 2012 budget this spring.

The provincial budget is a disappointment for Manitoba’s beef producers as it failed to announce any specific insurance program for Manitoba’s struggling livestock sector.

Canada’s agriculture minister fears key agricultural initiatives announced in Tuesday’s federal budget will be derailed by an untimely and unnecessary federal election.

Manitobans are encouraged to provide input on Budget 2010 at pre-budget consultations that will be held this month, Finance Minister Rosann Wowchuk announced.

Manitobans will benefit from new tax cuts contained in Budget 2009, which includes increasing the Education Property Tax Credit to $650, increasing tax credits for education, research and innovation, and eliminating the small business tax next year, Finance Minister Greg Selinger announced.