Gasoline, some tobacco to cost more in Manitoba, but ambulance fees to go down

The environment: A new conservation fund, starting with $102 million, to be set up to support climate-change initiatives.

Income-tax filers: The threshold at which people will start paying personal income tax is to increase by $2,000 to $11,400 by 2020.

Small businesses: The threshold at which they start paying income taxes rises next year by $50,000 to $500,000.

LOSERS:

Drivers and home owners: Carbon tax to take effect Sept. 1 will add 5.3 cents a litre to gasoline and also increase costs of natural gas and other fuels.

Post-secondary education: Support for universities and colleges is being cut by one per cent, or $6 million.

Some tobacco users: Tax on fine-cut tobacco to increase to 45 cents per gram from 28.5 cents. Cigarettes and other items are not affected.

Credit unions: A lower income-tax rate for credit unions to be phased out over five years, which will cost the financial institutions $15 million annually once fully implemented.

The Canadian Press

by Canadian Press

Gasoline, some tobacco to cost more in Manitoba, but ambulance fees to go down

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