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Manitoba budget outlines flood costs and tax gains
Manitoba finance minister Stefanson unveils third straight balanced budget with 1997 flood costs projected over 400 million and 1997/98 flood costs at 210.4 million after 175 million federal recoveries. Revenue gains include 28 million retail sales tax, 8.6 million health and education levy, 7.5 million corporate tax, and 5.8 million in water power rentals. He notes federal equalization adjustments and promises full budget details on March 6 as the millennium begins.
MENTIONED IN THIS ARTICLE
Stefanson
Fiscal Stabilization Fund