​The budget anticipates a deficit of $378 million for 2022-23 and projects deficits of $363 million for 2023-24 and $294 million for 2024-25. Although the budget does not include any new changes to the corporate or personal tax rates, it provides personal income tax relief by increasing Manitoba’s basic personal amount to $15,000 (from $10,145) and adjusting Manitoba’s tax brackets.

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