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Manitoba Finance Minister Adrien Sala says the provincial government intends to temporarily freeze hydroelectric rates, but it may push back the promise it made during the election campaign for one year.

His remarks come as new Manitoba Hydro numbers show the utility is expecting a net loss this year instead of the profit it predicted in the spring.

Sala says the former Progressive Conservative government should have known about the utility's challenges and released an updated deficit figure to include them.

But Tory hydro critic Grant Jackson says they made it clear that Hydro's finances would be challenged by dry weather.