The province downgraded the flood threat on the Red River again on Friday and Highway 75 could even stay open.
Three weeks ago, forecasters were calling for a flood on par with 2009, one of the more severe flood years in recorded history. Highway 75 was closed for 36 days in 2009.
The province said the new forecast for the Red shows the peak will hit Emerson between May 7 and 11, meaning it will arrive in Winnipeg several days later.
In Winnipeg, water levels at James Avenue dropped to 18 feet Friday morning. The operation of the Red River Floodway and Portage Diversion are maintaining stable levels in Winnipeg.
Elsewhere, a flood warning has been issued for Rock Lake near Pilot Mound due to ice jams. Water levels on the lake have risen quickly and are threatening some cottages.
Also, a flood warning is in place along the Assiniboine River from Miniota to Brandon.
A flood watch has been issued for the Assiniboine River from Millwood to Miniota. A flood watch is issued when river levels approach the bank and are likely to overflow.
Flooding in these areas is expected to primarily affect agricultural land.