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Why does Manitoba need a change in government
By: Paul Young, CPA, CGA
Disclaimer
• This presentation is one opinion of why Manitoba needs a change in government
Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
Agenda
• Government Deficit
• Government Debt
• Healthcare
• Education
• Taxation
• Economy
Manitoba - Deficit Deficit to GDP
Manitoba Debt Rating
Issues with Debt• Downgrades forces up cost of borrowing• Businesses investment could decline• Higher taxes• Spending cuts
Taxation/Manitoba
• Taxation Burden
Policy Proposal/Implemented
• New tax rates for rich
• Low Income tax cuts
• Hike PST
Healthcare System - Manitoba
Key Government Quotes
Educational System
Small Business
Economy - Manitoba
Economy - Outlook
Mining Sector
Manitoba Business Competitiveness
Poverty ranking
Hydro RatesManitoba Hydro Capital Investment"We need to invest $17 billion over the next decade. Maintaining the corporation's financial strength during this period, including ensuring we have adequate financial reserves, is critical to shielding our customers from sharp rate increases in the event of a prolonged drought or catastrophic outage. The recent approval of a 3.95 per cent rate increase for 2015/16 supports our balanced plan of protecting customers from rate shock while continuing to make the required investments to renew and expand our system to meet our customers needs."