Getting Ready for the Tory Storm in Manitoba: Austerity Measures, Balanced Budgets and Privatization
‘No one has a crystal ball that allows them to foresee precisely what’s going to happen as the new Tory government of Manitoba really gets down to business in the months ahead. But there are some things we can be pretty sure about.
The Tories will claim that it’s vital to curb provincial government spending to reduce Manitoba’s deficit and move toward balancing the budget. In reality, there’s no deficit crisis. Not only was the share of provincial revenue spent on servicing the debt in the 2015-16 fiscal year low, it was lower than it had been three years prior. The Tory “cure” – austerity – for the non-existent crisis might not even lower the deficit.’
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