This briefing looks at the Quebec budget introduced by the new Parti Quebecois government on November 20, 2012.
Quebec Budget: November 2012
Quebec Budget: November 2012
Provincial Economic Analysis
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- The latest Quebec budget maintains the deficit reduction targets set by the former government, with the goal of balancing the books in 2013–14.
- Higher-income earners will see their fiscal burden rise and new taxes will hit consumers of tobacco and alcohol.
- Infrastructure spending has skyrocketed, but the government aims to control it more closely over the next few years.
- Quebec’s gross public debt remains a pressing priority. As of next year, it is expected to hit almost 56 per cent of GDP.
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