Manitobans bringing home less money after taxes according to new survey
Manitobans brought home an average of $2,200 less after taxes in 2022 compared to the previous year.
According to an annual Stats Canada survey, the median after-tax income of Manitoba households fell from $69,100 in 2021 to $66,900.
Stats Canada said the end of COVID-19 benefits and pandemic-related changes to employment insurance led to the decline.
However, the inflation rate is also to blame. It jumped from 3.3 per cent in 2021 to 7.8 percent in 2022.
“You know, for a long time, we've been saying that Manitobans are one of the highest taxed provinces, especially in western Canada," said Gage Haubrich, prairie director of the Canadian Taxpayers Federation.
Haubrich said Manitobans, and all Canadians for that matter, are being hit with taxes at almost every turn.
"You know, you go to your job, get hit with your income tax, you fill up with gas on the way home, and you're being hit with the Carbon Tax now. And then you go to the store to buy some stuff on your way home,” said Haubrich.
He said governments should look at providing more tax relief to help close the gap.
“Unlike a subsidy or some other complicated program, the benefit of tax relief is it helps people as soon as it can. And there's no complicated way of sending a cheque or anything like that,” said Haubrich.
In an email, Finance Minister Adrien Sala highlighted measures the province is taking to address rising costs.
“Our government recognizes that many Manitobans are still feeling the effects of inflation and interest rates, which is why we introduced a broad middle-class tax cut in Budget 2024. We also introduced other affordability measures, including an extension of the gas tax cut and a $1,500 homeowners tax credit that is putting more money into the pockets of Manitobans. As a result of our affordability measures, Manitoba has had the lowest inflation rate in Canada for three months in a row.”
CTVNews.ca Top Stories
NEW From yearning for a change to cost of living, why some Canadians have left or may leave the country
For some immigrants, their dreams of permanently settling in Canada have taken an unexpected twist.
Here are the ultraprocessed foods you most need to avoid, according to a 30-year study
Studies have shown that ultraprocessed foods can have a detrimental impact on health. But 30 years of research show they don’t all have the same impact.
NEW Capital gains tax change 'shortsighted' and 'sows division' business groups tell Freeland
Forging ahead with increasing Canada's capital gains inclusion rate 'sows division,' and is a 'shortsighted' way to improve the deficit, business groups are warning Finance Minister Chrystia Freeland.
Ontario man frustrated after $3,500 paving job leaves driveway in shambles
An Ontario man considering having his driveway paved received a quote from a company for $7,000, but then, another paver in the neighbourhood knocked on his door and offered half that rate.
Defence attacks Stormy Daniels' credibility as she returns to the stand in Trump's hush money trial
Stormy Daniels will return to the witness stand Thursday in Donald Trump's hush money trial as the defence tries to undermine the credibility of the porn actor's salacious testimony about their alleged sexual encounter and the money she was paid to keep quiet.
Police handcuff man trying to enter Drake's Toronto mansion
Toronto police say a man was taken into custody outside Drake's Bridle Path mansion Wednesday afternoon after he tried to gain access to the residence.
What is whooping cough and should Canadians be concerned as Europe declares outbreak?
There is currently a whooping cough epidemic in Europe, with 10 times as many cases compared to the previous two years. While an outbreak has not been declared nationwide in Canada, whooping cough is regularly detected in the country.
Florida deputies who fatally shot U.S. airman burst into wrong apartment, attorney says
Deputies responding to a disturbance call at a Florida apartment complex burst into the wrong unit and fatally shot a Black U.S. Air Force airman who was home alone when they saw he was armed with a gun, an attorney for the man's family said Wednesday.
Air Canada ranks near bottom on customer satisfaction: survey
Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.