The Manitoba government says its expecting to post a deficit of $1.3 billion for the fiscal year.
That’s up from the $796 million tabled in the 2023-24 budget.
Finance Minister Adrien Sala says the increased deficit in the mid-year fiscal update is partly due to overspending in health care.
Get weekly money news
Get expert insights, Q&A on markets, housing, inflation, and personal finance information delivered to you every Saturday.
By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy.
The government is forecasting $438 million in overspending in that department, driven by high costs in health authorities.
- Meta data centre in Alberta to start up ahead of adjacent Greenlight power plant
- Meta to build $13 billion data centre in Alberta, largest outside the U.S.
- Mom-and-pop landlords outpacing big real estate investors: StatCan data
- Alberta proposes new pipeline, but hurdles to construction, profitability remain
Manitoba has run deficits in every year but two since 2009, and the NDP government continues to promise a balanced budget by 2027.
The government posted a deficit of just under $2 billion in the last fiscal year.
Comments
Want to discuss? Please read our Commenting Policy first.