In preparation for the 2021 Manitoba Budget, CPA Manitoba provided its pre-budget submission letter to The Honourable Scott Fielding, Minister of Finance earlier this month.
This year’s comments were prepared by the CPA Manitoba Tax Committee, chaired by Ryan Palmer, CPA, CA, with consultation from over 100 members in public practice and other CPA Manitoba stakeholders within the business community. These members provided firsthand accounts of what Manitoba businesses and individuals were experiencing in terms of economic hardships this year. Using this feedback, we were able to development timely and relevant recommendations for both federal and provincial support programs.
Given the economic uncertainty surrounding the COVID-19 pandemic, the letter focused on the key issues affecting Manitoba’s economic recovery. The recommendations were also designed to support Manitoba businesses and Manitoba workers.