Wednesday is the first full day of campaigning for the October 26th provincial election.
NDP leader Ryan Meili is using this first full day to talk about bringing tax fairness to Saskatchewan.
Speaking in Saskatoon, Meili says if elected, he will introduce a wealth tax of 1 percent on those who have a net worth of over $15 million. Meili says doing this will bring in $120 million a year to the General Revenue Fund which will help go to healthcare, safer schools and smaller class sizes and fixing long-term care and expanding home care to help seniors stay at home.
Meili also committed that the New Democrats would not raise taxes on everyday families.
Finance Minister Donna Harpauer, who is looking to be re-elected in the Humboldt-Watrous riding, says that pledge brings up a number of questions including how an NDP government would determine everyone’s net worth and would every Saskatchewan family have to report their personal finances to them.
The NDP leader is also scheduled to be in Prince Albert on Wednesday for an announcement on healthcare.
Saskatchewan Party leader Scott Moe is also in Saskatoon today where he is introducing a new Saskatchewan Home Renovation Tax Credit.
Picture: Scott Moe/Facebook
Moe says while the PST was reduced on new home construction in this year’s budget, the Saskatchewan Party wants to provide a break for those looking at fixing up their existing home which is what this credit will do.
Homeowners will be able to claim a 10.5 per cent tax credit on up to $20,000 of eligible home renovation expenses incurred between October 1 and December 31, 2022, saving them up to $2100. Eligible expenses will include permanent additions to the home but will not include items like furniture, appliances, hot tubs, tools or maintenance like carpet or furnace cleaning.
The new program is estimated to cost $124 million over two years with Moe saying it is an incentive to spend, build and hire which helps drive a strong recovery.
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LEADERS DEBATE SET FOR OCTOBER 14
Saskatchewan voters will get a chance to see Scott Moe and Ryan Meili debate the issues.
Saskatchewan’s 3 TV stations–CTV, Global and CBC will be broadcasting a debate between the two men on October 14 between 6-7 pm.
It will be moderated by CTV W5 investigative correspondent and Regina native Molly Thomas with the panel consisting of representatives from the CBC, Global and Postmedia.
