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Manitoba’s audited financial statement shows $270 million surplus

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Manitoba’s audited financial statement shows $270 million surplus
The Manitoba government is showing an improvement in the state of the province’s finances. – Sep 29, 2023

The Manitoba government is showing an improvement in the state of the province’s finances.

The final audited numbers for the 2022-23 fiscal year, out Friday, reflect a surplus of $270 million after a previous projection of a $548-million deficit.

The Progressive Conservative government says growth from a strong economy and federal transfer payments contributed to the surplus.

Manitoba has run deficits every year but one since 2009.

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The Conservatives and New Democrats have both promised to balance the budget within the next four years, while the Liberals have said they would take a little longer.

Elsewhere, NDP Leader Wab Kinew is scheduled to make a health-care announcement today in Winnipeg. Tory Leader Heather Stefanson has not held a news conference since Monday. The party has been highlighting other candidates at media events.

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