(Quebec) The Quebec government will present its economic and financial update on November 21, announced Finance Minister Eric Girard.
Published at 12:40 p.m.
“In the update, the objective is always to respond to priority issues and to provide the state of public finances and the economy,” Mr. Girard said in a press scrum on Wednesday.
He also intends to present, at this time, a “statement of work in progress on the evaluation of tax measures”. He committed, in his last budget, to revising certain tax aid for businesses, particularly in the form of tax credits.
Mr. Girard was also reassuring about the impact of Donald Trump’s arrival at the White House on the Canadian economy.
“In the future president’s program, there are elements that are positive, and others that are less positive,” he said.
In terms of positive elements, we see that the financial markets appreciate the aspects relating to deregulation, tax cuts, all of which could stimulate economic growth.
Eric Girard, Minister of Finance of Quebec
He emphasizes that the year 2024 “is going better than expected”, and that the province’s deficit should not be greater than expected. For 2025, however, it will be necessary to add “uncertainty”, but “within the margins of error of the forecasts”.
Last March, Quebec’s deficit shattered a record, at $11 billion, almost four times more than expected. Once a year. the Minister of Finance tables an economic and financial update, which presents the most recent information on the economic situation in Quebec and on the government’s revenues and expenditures.
Canada
