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Investor Presentaiton

6 MOVING FORWARD TO A SUSTAINABLE PATH RESPONSIBLE PROGRESS | DECEMBER 2019 Manitoba Expenditures and Net Debt are Middle Among Canadian Provinces: ✓ Per capita total expenditures at $12,633 per person in 2018/19, ranked 6th lowest among 10 provinces ✓ Five year average growth at 2.8% is fifth among provinces Total Expenditures, 5-Year Average Annual Growth, 2009/10 - 2018/19 (Compounded Average Annual Per Cent) ✓ Manitoba's net debt to GDP ratio was 34.6% in 2018/19. 6th lowest among provinces Manitoba's net debt to GDP ratio is below the federal level Net Debt to GDP, Provinces and Federal Government, 2018/19 (Per Cent) 7.0 5.8 6.0 5.1 5.0 4.0 3.0 2.0 1.0 10 0.0 0.0 2009-10 2010-11 2011-12 2012-13 6.1 3.5 50.0 45.8 45.0 40.3 39.6 40.0 37.7 34.5 34.6 34.8 35.0 4.2 31.4 3.9 3.6 30.0 3.5 25.0 2.8 2.2 20.0 14.3 14.4 15.0 10.0 8.0 5.0 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 0.0 AB BC SK ΡΕΙ SN MB CAN NB ON QC NL Manitoba
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