Manitoba NDP's promise to exclude out-of-province billionaires from education tax rebates draws criticism - Action News
Home WebMail Wednesday, November 13, 2024, 07:40 AM | Calgary | -0.1°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
Manitoba

Manitoba NDP's promise to exclude out-of-province billionaires from education tax rebates draws criticism

The Manitoba NDP's plan to exclude out-of-province billionaires from receiving education property tax rebates is getting some pushback.

Pledge to target specific businesses unfair, inappropriate: Retail Council of Canada

A man is pictured laughing.
Manitoba NDP Leader Wab Kinew told reporters earlier this week that education property tax rebates would stick around if the party were elected, but would exclude out-of-province billionaires. (CBC)

The Manitoba NDP's plan to exclude out-of-province billionaires from receiving education property tax rebates is getting some pushback.

On Monday, Opposition NDPLeader Wab Kinew told reporters that if the party is elected, it would keep the rebatesand cut the number of recipients.

He set his sights on a popular grocery chain as an example,claimingthe provincial government gave a rebate of more than $300,000 to Loblaws the company that owns stores like Real Canadian Superstore and No Frills.

CBC analyzed the NDP's information and the ownership of every Superstore location in Winnipeg. Based on this analysis,George Weston Limited-affiliated companies received $226,000 in rebate cheques.

Loblawsmade a profit of more than $400 million in the first quarter andcan hold its own weight in Manitoba without the rebate,Kinewsaid on Thursday.

But the Retail Council of Canada saidcomments like thatare misguided.

"We think it's highly inappropriate for any politician to unjustly call out one specific retailer in all sectors of our economy," John Graham, director of government relations at the retail council's prairie regional branch, told CBC News.

"To suggest that you want to target policy around specific companies just undermines the overall fairness strategy that most tax regimes should have."

A man is pictured.
To target policy around specific companies undermines the overall fairness strategy tax regimes should have, said John Graham, director of government relations at the Retail Council of Canada's prairie regional branch. (CBC)

Grahamsaidmost retailers have a majority ownership located outside the province.

The retail council believes taxes should be applied fairly and plansto contact Kinew. They've already been in touch with Loblaws, he said.

"I think they're surprised that a Manitoba political leader would be, personally, criticizing their business and their activities in the province."

Loblaws employs more than6,000 Manitobans at 70 stores across the provinceand they intend to reinvest more than $20 million in Manitoba over the next two years,a spokeperson saidin an email to CBC News.

During Tuesday's question period, Premier Heather Stefanson said Loblaws contributes millions of dollars in tax revenue to the province every year. Rescinding education property tax rebates from such companies could push them away fromManitoba, she said.

NDP chooses school kids over billionaires: Kinew

Kinew stuck to his message on Thursday.

"For the same amount of money that the PCs are sending to out-of-province billionaires, you could fund a provincewide nutrition program that is accessible in every single school in Manitoba," he told reporters on Thursday.

He saidthe NDPwill lay out the specifics of their fiscal policy as the next provincial election approaches.

"When it comes to choosing between billionaires who live outside of Manitoba, and school children here inside Manitoba we're going to invest in the education of Manitoba school children."

With files from Ian Froese