The Manitoba Premier says virtually every Canadian province is going to need help generating funds to support their healthcare systems during the COVID-19 outbreak.
Premier Brian Pallister is warning Manitobans our emergency rainy day fund could run out in as little as three months, as we battle the COVID-19 crisis.
So Pallister is calling on the federal government to establish an emergency credit agency, to borrow money on behalf of the provinces.
He says the emergency credit agency will help provinces save money because the federal government will pay far lower interest costs on its borrowing than Canadian provinces will.
The Premier says this would save Canadians billions of dollars annually, and stressed the importance of a well-supported healthcare system in times of crisis.