Former Manitoba family shocked by Sask. tax savings
Charlene Wicks says income tax bill is markedly lower after moving to Saskatchewan
One former Manitoba family is enjoying major savings on their income tax bill after moving to Saskatchewan.
Charlene Wicks moved from Manitoba to Saskatchewan three years ago, and this year she decided to see what her taxes would be if she still lived in Manitoba.
So Wicks did her taxes twice — one for each province.
Wicks said her household income has remained the same, and she’s in a high tax bracket.
After she plugged in what she would pay in Manitoba, she got a total income tax bill for the year of $8,591.
In Saskatchewan, it rang in at just under $2,300.
"It was like winning the lottery! You have $5,000 more money in your pocket," she said.
But Philippe Cyrenne, an economist with the University of Winnipeg, said it’s important to look at broader costs.
For example, Manitoba’s average housing price is lower. Saskatchewan’s average house price is $251,000 while Manitoba’s is $222,000.
As for average hydro bills, Regina and Saskatoon residents pay about $98.86 on average per month. Winnipeggers pay $57.63 on average per month.
Colin Craig of the Canadian Taxpayers Federation said Saskatchewan’s provincial government is doing something right.
"I think Saskatchewan is leading the country right now in terms of looking at ways to save taxpayers money rather than raise taxes," he said.
Craig points to a five per cent provincial sales tax in Saskatchewan, while Manitoba’s PST is soon going up to eight per cent.
Wicks said regardless of the tax savings, her kids still choose to stay in Manitoba over Saskatchewan.
"I can’t say I’ve convinced them yet, but I think we’re getting closer to that finish line," said Wicks.
The deadline to file your taxes in either province is April 30.