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Government budget and revenue in Manitoba, Canada: official figures

The provincial government of Manitoba took in $21.9 billion of revenue in the 2024/25 fiscal year (Statistics Canada government finance statistics, reference year 2024), or $14,686 per resident; 3rd lowest of 13 provinces and territories per resident. Revenue was $20.6 billion a year earlier.

Government revenue
$21.9 billion
2024/25
Government expense
$23.5 billion
2024/25

How much does the government of Manitoba spend?

Expenses of the government of Manitoba came to $23.5 billion in 2024/25, $15,813 per resident (5th lowest of 13 provinces and territories), against $22.2 billion in the previous year.

Source: Statistics Canada · saved copy

Does the government of Manitoba have a deficit?

Revenue minus expense left the government of Manitoba with a net operating deficit of $1.7 billion in 2024/25, equal to 7.7% of revenue; 6th weakest balance of 13 provinces and territories.

Source: Statistics Canada · saved copy

Where does the government of Manitoba get its money?

Taxes made up 52.0% of revenue for the government of Manitoba in 2024/25 ($11.4 billion), and grants from other levels of government, which include federal transfers, made up 36.5% ($8.0 billion); 6th highest share of 13 provinces and territories for grants.

Source: Statistics Canada · saved copy

How much income tax does Manitoba collect?

Personal income tax raised $4.3 billion for the government of Manitoba in 2024/25 (19.7% of revenue), and taxes on goods and services, including sales and fuel taxes, raised $4.4 billion (20.1%).

Source: Statistics Canada · saved copy

How much interest does the government of Manitoba pay?

Interest on debt cost the government of Manitoba $2.4 billion in 2024/25, 10.0% of its expenses; 3rd highest share of 13 provinces and territories. Social benefits paid directly to people came to $2.5 billion.

Source: Statistics Canada · saved copy

What is the debt of Manitoba?

At the end of 2024/25, the government of Manitoba had financial assets of $49.7 billion and liabilities of $74.9 billion, a net financial debt of $25.3 billion, or $16,986 per resident; 3rd weakest position of 13 provinces and territories per resident.

Source: Statistics Canada · saved copy

How much has the government of Manitoba borrowed?

Debt securities such as bonds and treasury bills issued by the government of Manitoba stood at $59.9 billion at the end of 2024/25, $40,236 per resident, against $55.2 billion a year earlier.

Source: Statistics Canada · saved copy

How Manitoba compares with other provinces

Provincial or territorial government revenue per resident, 2024/25 (2024/25)

Manitoba ranks 11 of 13, highest first. Population on 1 July 2024.

RankRegionProvincial or territorial government revenue per resident, 2024/25
7Newfoundland and Labrador$17,242
8Alberta$16,573
9Nova Scotia$16,287
10New Brunswick$15,887
11Manitoba$14,686
12British Columbia$14,071
13Ontario$12,770
Source: Statistics Canada · saved copy

Provincial or territorial government expense per resident, 2024/25 (2024/25)

Manitoba ranks 9 of 13, highest first. Population on 1 July 2024.

RankRegionProvincial or territorial government expense per resident, 2024/25
6Prince Edward Island$18,595
7Newfoundland and Labrador$17,814
8British Columbia$16,395
9Manitoba$15,813
10Nova Scotia$15,806
11New Brunswick$15,233
12Alberta$15,170
Source: Statistics Canada · saved copy

Net operating balance as a share of revenue, 2024/25 (2024/25)

Manitoba ranks 8 of 13, highest first. Negative values are deficits.

RankRegionNet operating balance as a share of revenue, 2024/25
5Nunavut1.9%
6Yukon0.9%
7Newfoundland and Labrador-3.3%
8Manitoba-7.7%
9Prince Edward Island-7.8%
10Ontario-8.2%
11Quebec-9.2%
Source: Statistics Canada · saved copy

Net financial worth per resident, 2024/25 (negative = net debt) (2024/25)

Manitoba ranks 11 of 13, highest first.

RankRegionNet financial worth per resident, 2024/25 (negative = net debt)
7Saskatchewan$-8,460
8Nova Scotia$-11,267
9Quebec$-11,915
10Prince Edward Island$-13,032
11Manitoba$-16,986
12Newfoundland and Labrador$-18,663
13Ontario$-19,733
Source: Statistics Canada · saved copy

Interest as a share of government expense, 2024/25 (2024/25)

Manitoba ranks 3 of 13, highest first.

RankRegionInterest as a share of government expense, 2024/25
1Quebec10.4%
2Newfoundland and Labrador10.0%
3Manitoba10.0%
4Ontario7.3%
5New Brunswick5.8%
6Prince Edward Island5.2%
7Saskatchewan5.1%
Source: Statistics Canada · saved copy

Grants from other levels of government as a share of revenue, 2024/25 (2024/25)

Manitoba ranks 6 of 13, highest first.

RankRegionGrants from other levels of government as a share of revenue, 2024/25
3Northwest Territories74.0%
4Prince Edward Island39.4%
5New Brunswick37.1%
6Manitoba36.5%
7Nova Scotia34.6%
8Newfoundland and Labrador25.5%
9Quebec17.9%
Source: Statistics Canada · saved copy

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Sources

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