Annual Reports and Public Accounts
2020/2021
Sound fiscal management efforts over the last five years strengthened Manitoba’s finances, providing the flexibility to respond to the COVID-19 pandemic with force.
The report shows the province is within the budgeted targets, considering the pandemic increased expenditures and decreased revenues.
COVID-19 left a significant mark on Manitoba’s finances, increasing expenditures by nearly $2 billion in 2020/21, resulting in the year-end deficit of $2.1 billion.
Despite the pandemic, Manitoba continued to invest in the priority areas of health care, education and families.
