US EditionRecord deficit, economic stimulus and other highlights of Quebec’s 2025-26 budget
- Quebec's deficit is projected at $13.6 billion, or 2.2 percent of GDP, which includes a payment of about $2.2 billion for debt reduction.
- Total government spending is set at $165.8 billion, including $9.7 billion for debt servicing.
- Quebec aims to return to a balanced budget by fiscal year 2029-30.
- The budget allocates $5.4 billion over five years, including $1.3 billion in 2025-26, to stimulate the economy and assist companies affected by U.S. Tariffs.
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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 $13.6 billion, or 2.2 per cent of GDP, including payments of about $2.2 […]
·Toronto, Canada
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Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
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