Coronavirus: Manitoba asks for emergency federal credit fund, says PST won’t be reduced The move comes as little surprise as Premier Brian Pallister has said the fund, worth about $800 million, would need to be used.“Let’s talk about some things that need to be talked about,” he said near the beginning of the pandemic last year.“Our revenue is down.
Not a little — a lot. Way down.”At that time, the premier said the rainy day fund will likely be depleted within three months.However, the fund was left alone up until this point, with the province instead borrowing money to pay for the health care and economic costs of the COVID-19 pandemic.In September of 2019, the PCs put $407 million into the province’s rainy-day fund.