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Canada: Tax measures in 2026 budget (Manitoba)

Includes tax credit enhancements and retail sales tax exemptions

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march 25, 2026

Manitoba's finance minister on March 24, 2026, delivered the province's 2026 budget, with no changes to corporate or individual (personal) income tax rates. However, the budget proposes the following changes:

  • Enhancement of the Film and Video Production Tax Credit by establishing a mandatory pre-certification process and allowing eligible non-resident labor costs on advanced certificates
  • Removal of the retail sales tax (RST) from additional food and beverages sold by grocery stores and prenatal vitamins, effective July 1, 2026
  • Increased Renters Affordability Tax Credit to a maximum of $675*, with a seniors top-up of $385.71 for those with a family net income of less than $40,000, applicable for the 2027 tax year
  • Increased Homeowners Affordability Tax Credit to $1,700 for the 2027 property tax year, but reduced for properties assessed over $1 million (with elimination for properties valued at $1.5 million and above)
  • Planned introduction of legislative amendments to prevent land transfer tax avoidance through legal structures separating legal and beneficial ownership, effective January 1, 2027

Read a March 2026 report prepared by the KPMG member firm in Canada

*$=Canadian dollar

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