The NDP government’s second budget aims to soften the blow of U.S. and Chinese tariffs with contingency plans and a record $3.7 billion in capital spending intended to spur economic growth and create jobs in the face of uncertainty.
But the cost of “Trump-proofing” Manitoba’s economy could result in a whopping $1.9 billion deficit, the provincial budget released Thursday said.
Finance Minister Adrien Sala said the province’s defence plan in the face of a trade war is to launch a $3.7 billion capital spending program — the largest ever — to spur economic growth and create jobs in the face of uncertainty.
“This budget meets the moment that Manitoba and our country is in right now,” Sala told reporters Thursday. “We didn’t start this fight, but we are not backing down. We are building up our province. We are Trump-proofing our economy.”
The 2025 fiscal blueprint prepared two plans — …