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Quebec budget expected to include record deficit, measures to address tariff threats

  • Quebec will present its budget, which will include significant measures to help businesses facing tariff threats, as stated by Finance Minister Éric Girard.
  • Quebec's finance minister Éric Girard announced a budget with a projected deficit exceeding $11 billion, surpassing last year's record deficit, due to U.S. Tariff threats and economic challenges.
  • The budget titled 'For a Strong Quebec' will include funding for infrastructure projects and $15 million in research funding for businesses over three years.
  • Girard emphasized the importance of managing public finances responsibly and supporting the economy amidst uncertainty.
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Record deficit, economic stimulus and other highlights of Quebec's 2025-26 budget

QUÉBEC — Quebec Finance Minister Eric Girard introduced his budget on Tuesday, under a cloud of possible U.S. tariffs on Canadian goods that he forecasts will average 10 per cent in the next two years. Here are some highlights: — Deficit of $13.

·Sechelt, Canada
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CBC News broke the news in Canada on Monday, March 24, 2025.
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