PQ Promises Balanced Budget with $6.6B Reduction in Bureacracy, Tax Cuts for Small Businesses
The party says savings would come from payroll reductions, tax cuts for businesses and lower subsidies for multinational corporations.
- On Tuesday, Parti Québécois Leader Paul St-Pierre Plamondon released the party's election fiscal plan, promising to balance the provincial budget by 2028-2029.
- The PQ's fiscal plan mandates a $6.6-billion reduction in spending over five years, with the party aiming to reduce the total payroll by 2.5 per cent.
- Candidate Nicolas Marceau noted the party would reinvest savings into health care and education, while slashing subsidies for multinational corporations to fund tax cuts for businesses.
- Quebecers head to the polls on Oct. 5 amid tight fiscal constraints, as warnings emerge that the province requires serious belt-tightening to address its multi-billion deficit.
- As the last party to release its fiscal platform, the PQ differentiates its approach by targeting budget balance one year earlier than current government projections.
12 Articles
12 Articles
PQ promises balanced budget with $6.6B reduction in bureacracy, tax cuts for small businesses
The Parti Québécois unveiled a fiscal framework Tuesday promising to balance Quebec’s budget by 2028-29, but party leader Paul St-Pierre Plamondon was notably absent as the party presented its economic plan. Instead, the announcement was led by the PQ’s economic team and candidates, as St-Pierre Plamondon prepares for upcoming election debate tonight. “We were promised a government of accountants. Instead, we ended up with a government that does…
The Parti Québécois promises to finance 6.5 billion promises with its "fight for bureaucracy" which will allow it to generate savings of 6.6 billion and achieve a return to balanced budgets a year earlier than expected. The formation promises to protect health, education and culture, but does not quantify its growth in spending for these portfolios.
TVA Nouvelles
The Parti Québécois undertook to return to the zero deficit a year earlier than the other parties, that is, in 2028-2029.
To achieve this, the Parti Québécois relies on an increase in federal transfers of $4.36 billion, like the CAQ and the PLQ.
Coverage Details
Bias Distribution
- 70% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
