Gas prices surged in Manitoba budget

Category : Canada News
Updated On : March 13, 2018 05:26 AM
By Indian Times Daily

Manitoba residents will be paying just over five cents more for a litre of gas after the carbon tax kicks in Sept. 1.

In its budget tabled Monday, the government said the average household can expect about $240 in extra costs, which largely come from heating and transportation. The Conservative government also outlined tax breaks for households and small businesses which it says will help soften the blow.

Finance Minister Cameron Friesen acknowledged the impact of the carbon tax will be ``felt in households across Manitoba.'' But he said the tax breaks should help.

``We are putting money back on the kitchen table of all Manitobans,'' he said.

The carbon tax will also affect natural gas, diesel and propane but marked fuel used in agriculture, mining and forestry will be exempt. The province has promised that all carbon tax revenues will be returned to Manitobans through tax reductions, but that will take four years.

The budget includes a reduction in ambulance fees to $340 from $425, which the Tories promised in the 2016 election. It also introduces a new income tax credit for companies that provide on-site child care of up to $10,000 per child over five years. It's limited this year to 200 spaces.

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