In the June 18 issue of the Brandon Sun, it was reported that the Conference Board of Canada has forecasted a gross domestic product growth of 2.1 per cent for 2014 for Manitoba, ranking it fourth among the provinces.
The Royal Bank also predicted a 2.1 per cent increase a few days ago.
The Conference Board had previously predicted a lower level but increased its forecast based on the large increase in infrastructure spending of $5.5 billion over the next five years now committed by the Manitoba government, including roads, bridges, flood protection and clean water infrastructure resulting in the creation of nearly 59,000 new jobs in the province.
With the increase of one cent in the PST, the government will have enough revenue to invest in needed infrastructure but not at the expense of health care, education and other social services.
Progressive Conservative Leader Brain Pallister wants to reduce overall government spending and also eliminate the one-cent PST increase, but in the process his policies will cause a reduction in the rate of job growth and lower the level of those basic services that assist in ensuring the well-being of our population.
Republished from the Brandon Sun print edition June 21, 2014