Finance Minister Cameron Friesen says that the 2018 Manitoba budget is a continuation of the Pallister government’s moderate and balanced approach to restoring fiscal discipline while keeping promises they made to the province.
In a letter to the press, the provincial finance minister says that the 2018 budget reduces the province’s deficit by more than three hundred million dollars, and that the government is on a path to being able to deliver a balanced budget in their second term.
In a letter, the Minister said that the government is keeping their word on reducing the deficit while bringing the largest tax cut in Manitoba history.
The letter goes on to say that the previous NDP government is at fault for rising interest rates and rising hydro rates.
Friesen said that the budget provides historic reductions in personal income tax by increasing the basic personal exemption, meaning that every Manitoba worker will have over two hundred dollars more of their own money in their pocket in two years, and almost one thousand dollars more by 2029.
Friesen concludes that the government is keeping their promises with "real progress for Manitobans".
Photo courtesy of The Winnipeg Free Press