ManitobaCity of Winnipeg finance managers are projecting a $17.4-million deficit for the end of 2025, based on accounting from the end of September. City has enough cash in rainy-day fund to cover shortfallCBC News · Posted: Dec 04, 2025 12:43 PM EST | Last Updated: 1 hour agoListen to this articleEstimated 1 minuteThe audio version of this article is generated by text-to-speech, a technology based on artificial intelligence.Winnipeg is projecting a $17.4-million deficit for 2025, based on accounting from the end of September. (Darren Bernhardt/CBC)City of Winnipeg finance managers are projecting a $17.4-million deficit for the end of 2025, based on accounting from the end of September.This projection represents a 1.2 per cent overage on the city’s $1.4-billion operating budget for this year.It’s only a very small improvement from the last projected deficit of $17.3 million, which was based on accounting from the end of June.The city’s bottom line usually improves as the end of the year nears.The city says it has $18 million in its fiscal stabilization reserve, which can be used to cover the deficit. The city is not permitted to run a deficit.
Winnipeg on track for $17.4M deficit for 2025, a minor improvement since last projection
