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Canada: Manitoba’s budget legislation enacted, tax measures included

Canada: Manitoba’s budget legislation enacted

Manitoba's budget implementation bill received Royal Assent on 3 June 2019.


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The legislation includes income tax measures that were introduced in the Manitoba's 2019 provincial budget, including:

  • Corporate tax measures that reduce the refundable portion of the manufacturing investment tax credit to 7% (from 8%), effective for qualifying property acquired after 30 June 2019 (the non-refundable portion remains at 1%)
  • Extension of tax credits including the film and video production tax credit (permanent extension); the small business venture capital tax credit (extended through 31 December 2022); the cultural industries printing tax credit (extended through 31 December 2020); and the book publishing tax credit (extended through 31 December 2024)
  • A reduction in the general retail sales tax rate to 7%
  • An exemption from the general retail sales tax for the federal carbon tax
  • Clarifications to the paid-work experience tax credit when the employer is a partnership
  • Changes that are parallel to the federal tax on split income rules for purposes of various non-refundable tax credits

Read a June 2019 report prepared by the KPMG member firm in Canada

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