Investor Presentaiton
MOVING MANITOBA FORWARD
COVID-19: Impact on Fiscal Policy: Current Estimates
IMPACT ON REVENUE AND
EXPENDITURE
Low impact is ($1,033) million
Low revenue and low expenditure
Medium impact is ($2,592) million
Medium revenue and medium expenditure
High impact is ($4,784) million
High revenue and high expenditure
IMPACT ON NET INCOME
Low impact is ($1,253) million
Low revenue and low expenditure added
to base net income of $(220) million
Medium impact is ($2,812) million
Medium revenue and medium
expenditure added to base net income of
$(220) million
High impact is ($5,004) million
High revenue and high expenditures
added to base net income of $(220)
million
Economic Growth Impact*
Lower economic growth results in lower government revenues
Low ($M)
(533)
Low ($M)
(1,033)
(500)
Health and
Other
Expenditures
Medium (SM)
(1,533)
(1,000)
High ($M)
(2,533)
(2,000)
Medium ($M)
(1,592)
(2,092)
(2,592)
(3,592)
High ($M)
(2,784)
(3,284)
(3,784)
(4,784)
Net Income Under Various Scenarios For 2020/21
Lower economic growth results in lower government revenues
Low ($M)
Medium ($M)
High ($M)
May 12 2020*
Low ($M)
(753)
(1,812)
(3,004)
(1,253)
(2,312)
(3,504)
(500)
Health and
Other
Expenditures
Medium ($M)
(1,753)
(2,812)
(4,004)
(1,000)
High ($M)
(2,753)
(3,812)
(5,004)
(2,000)
* Low assumes nominal GDP growth that is 2.6% lower than Budget 2020 forecast
Medium assumes nominal GDP growth that is 7.8% lower than Budget 2020 forecast
High assumes nominal GDP growth that is 13.7% lower than Budget 2020 forecast
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