Manitoba forecasts C$357 mln deficit in 2014/15

Thu Mar 6, 2014 4:08pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

WINNIPEG, Manitoba, March 6 (Reuters) - The Western Canadian province of Manitoba forecast on Thursday a C$357 million ($325.60 million) deficit for its 2014-15 budget, its sixth straight annual deficit.

Manitoba, a flood-prone province whose economy depends in part on farming, manufacturing and mining, projected spending at C$15.1 billion, up 1.5 percent from 2013-14.