On March 19, 2020, Finance Minister Scott Fielding tabled Manitoba’s 2020-21 budget (Budget 2020). The provincial government forecasts strong revenue growth in 2020-21 with a projected increase of $712 million, or 4.2% from last year. The estimates provided in Budget 2020 show that the province’s deficit for the 2019-20 fiscal year is $35 million less than the deficit projected for the same fiscal year in the previous budget.
From a fiscal perspective, the province is expecting to continue reducing the provincial deficit according to the following projection:
Read our full MB Budget Summary [ 391 kb ]