Manitoba government says pandemic-induced deficit may not be as large as first feared

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Premier Brian Pallister says there is still a lot of uncertainty, however, and the deficit could still reach $5-billion if the COVID-19 pandemic worsens and the economy suffers more

Manitoba Premier Brian Pallister speaks during a news conference at the legislature, in Winnipeg, on March 26, 2020.The Manitoba government says the impact of the COVID-19 pandemic on this year’s budget will be big, but may not be as large as first feared.

Premier Brian Pallister has released updated budget numbers that estimate the deficit could end up close to $2.9-billion.Pallister says there is still a lot of uncertainty, however, and the deficit could still reach $5-billion if the pandemic worsens and the economy suffers more.

 

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