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Manitoba flood outlook trims GDP impact to modest growth
Economists expect the Red River flood to barely dent GDP with growth near three percent, aided by a Canada Manitoba aid package totaling 270 million dollars and 10 million from private contributions. Recovery boosts include construction, livestock restocking, and flood prevention work across Steinbach to Carman. The agriculture sector faces seeding by June 20, frost risk later, while Motor Coach Industries in Winnipeg and other producers face disruption.
MENTIONED IN THIS ARTICLE
Pople
Canada
Ottawa
Manitoba
Red River Valley
Steinbach
Altona
Winkler, Morden and
Carman
Motor Coach Industries
Winnipeg
Pembina
N.D
Red River