The province has released its first-quarter fiscal projections for 2023/2024.

Projections for the fiscal year show a surplus of $199.6 million, but Finance Minister Ernie Steeves says he is not seeing the same early signs of windfalls that were seen in the last few years.

Revenue is projected to be $151.3 million higher than budgeted, while total expenses are projected to be lower than budgeted by $8.1 million.

Net debt is down and is projected at $11.7 billion for this fiscal year.

The first-quarter results are available online.

More to come….