A forecast summary deficit of 872 million dollars was shown in the Manitoba 2016-17 third quarter financial report.
The report, released today (Mon), is an improvement of 39 million dollars from the projected 911 million deficit in the 2016 budget.
Finance Minister Cameron Friesen noted an increase of 64 million dollars in projected debt service costs over the 2016 budgets estimate of 874 million.
This is due in part to increased interest rates, which are outside the control of the provincial government.
As the 2017 budget is being finalized, Friesen says the main focus remains to make decisions that will ensure the sustainability of the services Manitoba families rely on.