Tax News

This section provides up-to-date information on Manitoba taxes, including Budget dates, the status of tax bills and news releases related to taxation.

June 5, 2008

• The Budget Implementation and Tax Statutes Amendment Act, 2008 received Royal Assent June 5

March 12, 2008

• Legislature to reopen April 9 with introduction of 2008 Budget

February 27, 2008

• Manitoba Announces it will Match Federal Tax Measures - Province Parallels Capital Cost Allowances for Manufacturers, Won't Tax New Savings Account: Selinger

November 20, 2007

• Speech from the Throne - The Speech from the Throne announced that the refundable portion of the Manufacturing Investment Tax Credit will be raised from 50% to 70%, effective January 1, 2008.

November 1, 2007

• The Registered Retirement Savings Protection Act comes into force on November 1. The Act protects registered plans (RRSPs, Registered Retirement Income Funds and Deferred Profit Sharing Plans) against enforcement processes such as garnishment and seizure by creditors. This protection does not apply to enforcement proceedings under The Family Property Act or The Family Maintenance Act. The full Act can be found here: http://web2.gov.mb.ca/laws/statutes/2006/c02906e.php

October 25, 2007

• The Budget Implementation and Tax Statutes Amendment Act, 2007 received Royal Assent

October 18, 2007

• Bill 28, The Budget Implementation and Tax Statutes Amendment Act 2007

June 14, 2007

• The 2007 Manitoba Budget, which was approved by the Legislative Assembly before the May 22 election, was reinstated by the Assembly on June 14, 2007.
  
  http://news.gov.mb.ca/news/index.html?archive=2007-06-01&item=1764
  
  
• On June 14, 2007, the Manitoba Legislature adjourned for the summer. It will resume sitting on September 25, 2007. Legislation to implement tax measures announced in Budget 2007 will be introduced shortly thereafter and is expected to receive royal assent by October 25, 2007.
  
  http://news.gov.mb.ca/news/index.html?archive=2007-06-01&item=1789

March 20, 2007

• House to reconvene, Budget to be introduced April 4

November 24, 2006

• Manitoba's New Tuition Fee Income Tax Rebate

November 15, 2006

• Speech from the Throne

June 13, 2006

• The Budget Implementation and Tax Statutes Amendment Act, 2006 received Royal Assent

June 5, 2006

• Province Proposes Enhancements To Manitoba Dividend Tax Credit; Purchase Limit For Labour Fund Shares Increased
  
  
• Legislation Proposes Manitoba Tax Credits Not Be Reduced As A Result Of Federal Universal Child Care Benefit