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."