The Manitoba government’s economic outlook for the coming fiscal year predicts the province will outperform the rest of Canada.
Economic Development Minister Jeff Wharton says economic growth is forecast at 0.9 per cent compared to 0.5 per cent nationally.
That will be down from an estimated 3.6 per cent last year amid efforts by the Bank of Canada to slow economic growth to reign in inflation.
- ‘Pattern of behaviour’: Rath faces mounting questions over First Nation trusts
- ‘Proven treatment’: B.C. boy’s family pleads with province to fund international care
- Resident remains in Granville Street SRO past deadline to move out
- Alberta First Nation sues Ottawa over $5 treaty annuity, argues amount stuck in 1899
But Wharton says Manitoba’s efforts to create the right conditions for sustained economic growth are working.
“We are focused on creating the right conditions for sustained economic growth and investment to ensure a stronger, more prosperous future for Manitobans,” Wharton said in a written statement.
Get daily National news
“Increasing employment opportunities for Manitobans, newcomers and future generations of workers is the foundation of this commitment and our most recent economic outlook shows these efforts are paying off.”
Comments
Want to discuss? Please read our Commenting Policy first.