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Budget focused on tax cuts, COVID

Brandon Sun By: Larry Kusch and Colin Slark Posted: Manitoba Premier Brian Pallister speaks at a news conference after the 2021 budget was delivered in Winnipeg on Wednesday. (The Canadian Press) Anticipating a $1.6-billion deficit this year amid a global pandemic, the Progressive Conservatives are cutting taxes by $200 million, most of which is in the form of a hefty rebate to homeowners and farmers on their education levies. Advertisement Anticipating a $1.6-billion deficit this year amid a global pandemic, the Progressive Conservatives are cutting taxes by $200 million, most of which is in the form of a hefty rebate to homeowners and farmers on their education levies.

Real estate remains hot in early 2021

Brandon Sun By:   The Brandon Sun Advertisement Despite the COVID-19 pandemic, Manitoba’s real estate market was hot in 2020. According to statistics sent out by the Manitoba Real Estate Association, sales have maintained momentum so far in early 2021. In an email sent out earlier this week, the association said 975 properties sold in January, which represents a 28 per cent increase compared to January 2020. Total sales for January were $297.1 million a 40 per cent year-over-year increase and a new record for the month. The 1,572 new listings posted were, however, a 15.9 per cent drop compared to January 2020, but the average sale price jumped 9.8 per cent to $304,759.

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