Manitoba Finance
Department of finance for Manitoba, Canada / From Wikipedia, the free encyclopedia
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Manitoba Finance (French: Finances Manitoba) is the department of finance for the Canadian province of Manitoba.
Finances Manitoba | |
Department overview | |
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Type | Finance department |
Annual budget | $308.6 m CAD (2019/2020) |
Department executives |
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Website | www.gov.mb.ca/finance/ |
The Minister of Finance (Ministre des Finances; originally Provincial Treasurer) is the cabinet minister responsible for the department, as well as for managing the province's fiscal resources, overseeing taxation policies, and allocating funds to other governmental departments. Every year, the minister submits a budget to the Legislature outlining anticipated expenditures and revenues for the next 12 months. The minister is also required to submit a completed financial report for the annual cycle just completed.
The Finance portfolio is the oldest cabinet position in the province of Manitoba, even predating the office of Premier by four years. Similarly, many regard the Finance Minister as the most important member of government, second only to the Premier. Prior to 1977, it was not considered unusual for Manitoba's provincial premiers to reserve the position of Treasurer or Finance Minister for themselves. In the 20th century, John Bracken, Stuart Garson, Douglas L. Campbell, Dufferin Roblin, and Edward Schreyer all assumed this responsibility at one time or another. (Roblin was his own Treasurer for the entire extent of his term in office). No premier has taken this responsibility since 1977, and such a combination of responsibilities would now be considered very unlikely.
The current Finance Minister of Manitoba is Adrien Sala of the New Democratic Party.