Manitoba projects C$646 mln budget deficit in 2015-16

Tue Mar 8, 2016 6:23pm EST
 
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TORONTO, March 8 (Reuters) - The western Canadian province of Manitoba on Tuesday projected a C$646 million ($481.55 million) deficit in 2015-16, up from a previous estimate of C$421 million, as its left-of-center New Democrat (NDP) government readied for an April election trailing the right-leaning Progressive Conservative opposition.

Manitoba, whose province depends on farming, manufacturing and mining, projected spending at C$13.03 billion. The fiscal update, in place of what is traditionally a full budget in April, will serve as a blueprint for NDP Premier Greg Selinger's election campaign. ($1 = 1.3415 Canadian dollars) (Reporting by Andrea Hopkins in Toronto and Julie Gordon in Vancouver; Editing by Chris Reese)