Monday, December 05, 2011
Manitoba Business Leaders Call For Tax Relief
Winnipeg – Manitoba’s business community has a clear message for Manitoba’s re-elected NDP government – “lower taxes,” especially those paid by the province’s corporations. This finding emerges from the Manitoba Business Leaders Index, Probe Research Inc.’s annual survey of 200 Manitoba CEOs and business owners released exclusively to the Winnipeg Free Press.
The main requests of Manitoba’s business leaders for Greg Selinger's government are to lower business taxes (27%), eliminate the payroll tax (15%) and reduce other taxes (9%). Other advice from CEOs includes leaving the minimum wage at its current level, shrinking the provincial bureaucracy and attracting new businesses to the province (7% each).
Additional findings from this survey include:
• Three-quarters of Manitoba business leaders (74%) remain optimistic about the province’s economic prospects. This corporate economic outlook is similar to the level of confidence expressed by all Manitoba adults (78%).
• Slightly less than one-half of CEOs (45%) expect their own companies to be performing better at this time next year, compared to 44 percent who expect to remain at the same level at this time next year. Only eight percent of CEOs are braced for worse results in 2012.
• The number of companies reporting that they are experiencing a shortage of skilled labour has increased slightly in the past year, with more than one-half (52%) now saying it is difficult to find skilled employees.
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The main requests of Manitoba’s business leaders for Greg Selinger's government are to lower business taxes (27%), eliminate the payroll tax (15%) and reduce other taxes (9%). Other advice from CEOs includes leaving the minimum wage at its current level, shrinking the provincial bureaucracy and attracting new businesses to the province (7% each).
Additional findings from this survey include:
• Three-quarters of Manitoba business leaders (74%) remain optimistic about the province’s economic prospects. This corporate economic outlook is similar to the level of confidence expressed by all Manitoba adults (78%).
• Slightly less than one-half of CEOs (45%) expect their own companies to be performing better at this time next year, compared to 44 percent who expect to remain at the same level at this time next year. Only eight percent of CEOs are braced for worse results in 2012.
• The number of companies reporting that they are experiencing a shortage of skilled labour has increased slightly in the past year, with more than one-half (52%) now saying it is difficult to find skilled employees.
View full release
Labels: Greg Selinger, Manitoba Business Leaders Index, Manitoba economy, NDP, Probe Research
