Thursday, September 10, 2009

Big News

I hear that the Selinger campaign will be making an announcement tomorrow. Could it be on a big name joining the team? Maybe this person is someone that I hinted at in this post?

But I'm not saying just yet. You'll have to wait a bit longer.

I also hear that Bonnie Korzeniowski who attended all three launches has made up her mind on who she is supporting. Should be interesting. Find out more tomorrow.

All of this a day after the final figures for the 2008-09 fiscal year were released showing a net summary surplus (this includes all the operations of government including crowns) of $463 million and a size able increase in the rainy day fund. The surplus is much higher than the $316 million projected in the third quarter.

The numbers are quite strong especially when you consider the state of the world economy over this period. Compare this to pretty much any other province in Canada and Manitoba's finances start looking even better.

And I'm not saying that this current year won't be tough but first quarter projections never tell much of a story.

For example, in last year's first quarter, expenditures exceeded revenue by $119 million but the province came out pretty good in the end didn't they. The same story is repeated pretty much every first quarter.

So why is it even being reported? I dunno.

Anyway all of this to say that it's been a pretty good end of the week for the Selinger Team. Ok, enough of my cheer leading.

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