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Estimated completion of a new long-term care facility to replace the aging Mountain View Manor has been moved back a year.
On Monday, Sept. 15, Finance Minister Brenda Bailey provided the first quarterly report since the government's 2025 budget was released in March. The report's revised forecast shows the province facing a record deficit of nearly $11.6 billion , $665 million higher than was initially projected. The total budget for the 2025/26 fiscal year is almost $95 billion.
The quarterly report's updated financial forecast included a table of capital expenditure projects over $50 million, listing their planned year of completion, cost to June 30 of this year, estimated cost to complete and total anticipated cost, as well as how the projects are