Report on Winnipeg's finances shows $83 million shortfall, plus more for transit
A newly released report reveals the City of Winnipeg ended 2022 with a shortfall to the tune of tens of millions of dollars.
The figures are from the city’s unaudited financial status report, which looks at the tax-supported operating budget.
It noted the city had an $83 million budget shortfall by the end of 2022, with an added $5 million deficiency from transit alone.
Officials say the shortfall can largely be blamed on the impacts from the COVID-19 pandemic and over-expenditures in snow and ice operations, which it says cost $52 million more than was budgeted for in 2022.
This includes $8.4 million spent in December alone.
Meantime, the city budgeted $41.3 million for anticipated COVID-19 financial impacts in 2022, but pinpointed an additional $12.4 million was needed for the year.
Some good news – the transit shortfall was ‘greatly reduced’ after the province allocated $19.4 million to the city from the federal government’s fund to support municipalities facing transit shortfalls. From that pot, $9 million will be used for the 2022 fiscal year, with the remainder helping to pay for operations this year.
In a statement, finance committee chair Jeff Browaty said the rainy day fund will be used to cover the shortfall. However, he notes it will leave the city’s reserves greatly depleted.
“Winnipeg residents can look forward to learning what the City’s plan is moving forward with the release of the 2023 Budget Update this week,” he said.
Winnipeg's full financial update can be read on the city’s website.
Meantime, the city will release its 2023 budget update on Feb. 8.
CTV News Winnipeg will have full coverage.
CTVNews.ca Top Stories
Advocate questions whether Air Canada has 'cultural problem' after issue with teen's wheelchair
Flying over the Grand Canyon was a highlight for the Gellisen family during their trip to Phoenix, but their flight home to Toronto was a much different experience, with several family members forced off of the flight over tensions related to a teen's wheelchair.
Military under fire as thousands of troops face lost cost-of-living allowance
The Canadian Armed Forces is under fire for its plan to cut thousands of troops off a cost-of-living allowance without much notice.
Essential oils and a secret code name: Things you didn't know about the coronation
King Charles III's coronation will be held on May 6 at London's Westminster Abbey. Here are some little-known facts about the ceremony:
Lettuce prices likely to rise again amid California flooding, experts say
Lettuce prices are likely to rise next month and could stay high into the summer, agriculture experts say, as flooding in a key California farming area becomes the latest example of extreme weather's effect on the food chain.
Teen dead after 'unprovoked' stabbing at Toronto subway station
Police have identified a teenager who died after being stabbed in an ‘unprovoked’ attack at a Toronto subway station Saturday night, and have charged an adult male suspect with his murder.
'Reconciliation through art': Campaign aims to get an Indigenous woman on Canada's $20 bill
A new campaign is aiming to get an Indigenous woman honoured on the next $20 bill in Canada for the first time.
In Macron's France, streets and fields seethe with protest
In France, a country that taught the world about people power with its revolution of 1789 -- and a country again seething with anger against its leaders -- graduating from bystander to demonstrator is a generations-old rite of passage.
Is the David porn? Come see, Italians tell Florida parents
The Florence museum housing Michelangelo's Renaissance masterpiece the 'David' invited parents and students from a Florida charter school to visit after complaints about a lesson featuring the statue forced the principal to resign.
Singh 'not satisfied' with confidence-and-supply agreement
NDP Leader Jagmeet Singh says he's 'not satisfied' with his party's confidence-and-supply agreement with the Liberals — signed a year ago this week — because it's shown him he could do a better job running the country than the current government.
Regina
-
Fifth flight of displaced Ukrainians set to touch down in Regina
A fifth and final flight of displaced Ukrainians will arrive in Saskatchewan on March 27, according to the province.
-
Sask. village loses arena in late night 'inferno'
The Village of Liberty is grieving the loss of its rink after it fell victim to a late night 'inferno' over the weekend.
-
'Be prepared to slow down': Construction on Highway 6 bridge in Regina set to begin
Construction efforts are expected to begin on the south section of Regina's Ring Road.
Saskatoon
-
Saskatoon Blades face Pats in opening round of WHL playoffs
The Saskatoon Blades' last two home games of the season have been against the Regina Pats, and with top NHL prospect Connor Bedard drawing big crowds wherever he's playing, almost 30,000 fans have come through the turnstiles at Sasktel Centre.
-
Change proposed to high-collision Saskatoon intersection
City administrators are calling for a design change on Main Street and Clarence Avenue that would prevent vehicles from using Main Street as a thoroughfare rather than 8th Street.
-
Sask. village loses arena in late night 'inferno'
The Village of Liberty is grieving the loss of its rink after it fell victim to a late night 'inferno' over the weekend.
Northern Ontario
-
Has inflation increased your debt?
Inflation is now forcing some Canadians to find different ways to afford day-to-day expenses.
-
Military under fire as thousands of troops face lost cost-of-living allowance
The Canadian Armed Forces is under fire for its plan to cut thousands of troops off a cost-of-living allowance without much notice.
-
Hwy. 17 partially closed north of the Sault due to a commercial motor vehicle crash
A crash involving a commercial vehicle north of the Sault has completely closed Highway 17 from Highway 101 East in Wawa, Ont. to Frater Road before noon Sunday, the eastbound lane reopened around 7p.m.
Edmonton
-
Ahead of Edmonton officers' funeral, families thank Canadians for 'incredible outpouring of support'
The appreciation and respect shown by the public after two Edmonton Police Service officers were killed in the line of duty has not gone unnoticed, their families say.
-
What you need to know about the regimental funeral Monday
The procession is scheduled to leave the Alberta Legislature grounds toward Rogers Place at approximately 11:45 a.m.
-
Edmonton breast cancer survivors turned dragon boat racers headed to New Zealand
A team of friends and breast cancer survivors are headed to New Zealand in April to represent Edmonton in an international dragon boat racing competition.
Toronto
-
Pedestrian dead after being hit by 2 cars in Mississauga
Police say one person is dead after a collision in a city west of Toronto shortly before midnight last night.
-
Toronto set to make hybrid council meetings permanent
Toronto city councillors are set to make hybrid public meetings permanent.
-
One person seriously injured after stabbing on Toronto bus
One person has been seriously injured after a late-night stabbing on a Toronto bus.
Calgary
-
Ahead of Edmonton officers' funeral, families thank Canadians for 'incredible outpouring of support'
The appreciation and respect shown by the public after two Edmonton Police Service officers were killed in the line of duty has not gone unnoticed, their families say.
-
What you need to know about the regimental funeral Monday
The procession is scheduled to leave the Alberta Legislature grounds toward Rogers Place at approximately 11:45 a.m.
-
KLM flight en route to Calgary following detour back to Amsterdam due to unruly passenger
A KLM flight bound for Calgary was delayed Sunday morning when an unruly passenger forced the airline to return to Schiphol Airport in Amsterdam.
Montreal
-
Nine-year-old girl succumbs to injuries after snow fort accident
A nine-year-old girl has died after a snow fort collapsed Sunday in the woods behind a Saint-Ubalde home, in the Portneuf RCM.
-
Montreal police confirm fifth body found in rubble of historic building fire
Montreal police say a fifth body has been extracted from the rubble of a heritage building that caught fire nine days ago, leaving two others still missing.
-
WEATHER
WEATHER | Montreal to get mixed bag of rainy conditions, temperatures to approach double digits
Montreal is expected to get a mixed bag of weather conditions this week as rainy, balmy days could come with temperatures approaching double digits.
Ottawa
-
Carleton University education workers on strike
About 3,000 education workers at Carleton University will strike on Monday after the union and the university failed to come to an agreement by the midnight deadline.
-
NEW THIS MORNING
NEW THIS MORNING | NHL Commissioner in Ottawa to meet with officials, attend Senators game
NHL Commissioner Gary Bettman will be in Ottawa today, with a schedule that includes meetings with Mayor Mark Sutcliffe and NCC officials, and attending the Senators game against the Florida Panthers.
-
NEW THIS MORNING
NEW THIS MORNING | New armed forces housing benefit won't help Petawawa troops, realtor warns
The Canadian Armed Forces is introducing a new housing benefit to help troops find affordable accommodations. A realtor says the benefit won't help military members in Petawawa, Ont.
Atlantic
-
RCMP cancels emergency alert for woman in Indian Brook, N.S.
An emergency alert involving “a dangerous female with a handgun” in Indian Brook, N.S., has been cancelled, police say.
-
HMCS Montreal departs Halifax for Indo-Pacific operation
A Royal Canadian Navy frigate departed Halifax today as part of the federal government's wider strategy of boosting its presence in the Indo-Pacific region.
-
P.E.I. Green Party wasn't ready for election, may lose seats from 2019: experts
As the Prince Edward Island election approaches its final week, the Green Party is fighting to hold onto its historic gains from the last provincial vote -- a battle some experts say could result in lost seats.
Kitchener
-
Man charged with attempted murder in Cambridge
A 49-year-old man has been charged with attempted murder and assault with a weapon in connection to injuries suffered by a 50-year-old woman in Cambridge.
-
Northern lights, parking lot arrest, 'BORGs': Here are the most-read stories of the week
From an exploration of a new youth binge drinking trend, to a dazzling natural phenomenon spotted in the sky over southern Ontario, here are CTV Kitchener's most-read stories of the week.
-
Kitchener Rangers end regular season with loss in London, playoffs against Windsor locked
The Kitchener Rangers didn't end the regular season the way they hoped, but now have a clear picture of what their postseason will look like.
Vancouver
-
Burial plots in Metro Vancouver are now so expensive, they're being compared to real estate
Burial plots have become such a hot commodity in Metro Vancouver, one spot in a Burnaby cemetery is being sold privately online for $54,000.
-
Nanny who was fired after cancer diagnosis awarded $45K in B.C. discrimination case
A temporary foreign worker from the Philippines who was fired from her job as a caregiver after a cancer diagnosis has been awarded over $45,000 by the BC Human Rights Tribunal.
-
Downtown Eastside crash sends 3 pedestrians to hospital
Three people were hospitalized after being hit by a car in Vancouver's Downtown Eastside Saturday evening, according to authorities.
Vancouver Island
-
Vancouver Island farmers struggle to deal with threatened elk species
Farmers in the Cowichan Valley are losing crops and dealing with property and field damage caused by Roosevelt Elk, which have become a regular fixture on some farms in the area.
-
Victoria police say repeat offender wanted again
Victoria police are once again looking for William Watts, who they describe as "a high risk to reoffend."
-
Lack of staff leads to more BC Ferries cancellations
BC Ferries cancelled several sailings because of a lack of crew Saturday, including two trips between Greater Victoria and the Lower Mainland.