PROVINCE RELEASES FIRST QUARTER FINANCIAL REPORT, UPDATE ON IN-YEAR SPENDING REDUCTIONS
Finance Minister Stan Struthers today released the 2012-13 first quarter financial report and announced the provincial government has identified more than half of the in-year spending reductions committed to in Budget 2012.
“In the spring, we presented a budget focused on the things that matter most to Manitobans and committed to finding new ways to responsibly reduce spending, and we’ve made progress,” said Struthers. “We’ve worked with the factors that are within our control and there are positive signs that our plan is working, but as the prime minister and others have said, the global recovery is ongoing and there remains uncertainty for economies everywhere.”
The minister said that as part of an ongoing process to reduce spending, over $66 million in in-year cost reductions have been identified through:
pauses or reductions in program grants,
internal streamlining and efficiencies, and
changes in program delivery and policy.
Struthers noted that, like last year, increases in the numbers of children and vulnerable adults with disabilities coming into care, and greater demands in the front lines of corrections are creating pressures the government will continue to closely monitor. Additionally, the minister noted the costs of health-care delivery and forest firefighting in hot, dry parts of Manitoba are also being assessed.
“Manitobans and their provincial government have worked hard to keep moving forward in the face of a faltering global economy,” said Struthers. “There are significant challenges ahead, but with a balanced approach, we’ll keep working to reduce spending responsibly while protecting the services families count on.”
The minister said the provincial government expects to find further cost reductions and revenue by:
reviewing all vacant staff positions;
applying lean management principles to deliver services more cost-effectively; and