Investor Presentaiton
MOVING MANITOBA FORWARD
COVID-19: Impact on Highly Uncertain
We are hopeful that Manitoba will have a "V"
Many possible paths for the economic recovery
Nominal GDP Growth Under Various Scenarios (%)
shaped rebound, leading to full recovery in
2021/22.
Further re-opening of our economy will drive fiscal
impacts.
Will there be subsequent outbreaks? Will
consumer demand in MB and globally return to
-Budget 2020
Low Impact
-Medium Impact
8.0%
5.7%
3.0%
3.3%
3.0%
0.7%
-High Impact
9.0%
5.9%
3.4%
3.3%
pre-COVID levels, and how will the economy be
restructured? How soon will there be effective
vaccines?
-2.0%
-4.5%
-7.0%
This is not a structural fiscal issue -- this is akin to a
natural disaster.
-10.4%
-12.0%
2018/2019
2019/2020
2020/2021
2021/2022
ManitobaView entire presentation