Municipalities feel squeezed as Quebec tables record deficit budget
5 Articles
5 Articles
Quebec forecasts record deficit of $13.6 billion in 2025-2026 - Canada French
QUEBEC — U.S. customs duties force the Government of Quebec; the deficit will reach a new record in absolute numbers for fiscal year 2025-2026: $13.6 billion, or 2.2% of GDP. Despite the uncertainty, Finance Minister Eric Girard is keeping the course for fiscal balance in five years' time. This deficit will be caused, among other things, by government assistance to businesses to go through the tariff war. The budget provides $5.4 billion over fi…
Provincial Budget: A deficit of $13.6 billion
On Tuesday, March 25 at the National Assembly, Quebec's Minister of Finance, Éric Girard, tabled the provincial budget 2025-2026. A record deficit, investments to counter the adverse effects of U.S. tariffs or an increase in the health and education portfolio: let's take stock of the lessons learned from the speech of the caquist representative.
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