The Province announced their 2025 budget last Thursday and is forecasting a deficit. Right now the Manitoba government is predicting a deficit that could range from $800 million to $1.9 billion, due to the uncertainty of a tariff war with the United States.
The Province is preparing to provide up to $500 million in support to businesses and jobs impacted by the tariffs. This is part of its strategy to prepare for the tariff war.
The 2025 Budget is focused on rebuilding health care, lowering costs for Manitobans, growing the economy, creating healthier families and safer communities, protecting Manitobans from tariffs and creating a government that works for the people. The Province is also investing $3.7 billion in capital projects that include new schools, emergency rooms and personal care homes in rural areas.
MB’s budget prepares for some potentially tough economic times
Published in Opasquia Times News
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Opasquia Times News
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