While the surplus is thin, Finance Minister Ken Krawetz says it s still a surplus and that s more than other jurisdictions can claim. You are going to see as we have started to see the projections by other provinces, we may again be the only province with a balance and a surplus, Krawetz said Friday after the release of his third-quarter fiscal update.
The update shows the province plans to spend $190.4 million more than expected in last spring s budget. Extra costs have come in the area of flood assistance, teacher pensions and benefits, crop insurance and snow and ice removal on highways.