​The budget anticipates a deficit of $2.1 billion for 2020-21 and projects deficits of $1.6 billion for 2021-22 and $374 million for 2022-23. Although the budget does not include any new changes to the corporate or personal tax rates, it provides property owners with a new Education Property Tax Rebate, requires online marketplaces, accommodation platforms, and streaming service providers to collect and remit retail sales tax (RST), and extends certain corporate tax credits, among other changes. The budget also announces that Manitoba intends to commence a tax competitiveness review, which will include public consultations.

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