Manitoba says 2015-16 deficit bigger than expected

Wed May 18, 2016 3:16pm EDT
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TORONTO May 18 (Reuters) - The projected 2015-16 core budget deficit for the Canadian province of Manitoba has grown to C$1.012 billion ($779.06 million), 52 percent higher than forecast in March, the province's new finance minister said on Wednesday.

Finance Minister Cameron Friesen, part of the right-leaning Progressive Conservative government elected last month, said he will present the new government's first budget on May 31.

($1 = 1.2990 Canadian dollars) (Reporting by Jeffrey Hodgson; Editing by Chizu Nomiyama)