Quebec embraces balanced budgets and debt reduction

Quebec’s 2017 budget, released today, is largely a continuation of the Couillard government’s fiscal policy agenda. This is an agenda that generally embraces fiscal prudence, which is a significant departure from the fiscal approach taken post-2008/09 recession. While a renewed focus on fiscal prudence will allow Quebecers to enjoy some welcome tax relief, much more is needed to improve the province’s tax competitiveness.The budget projects the province’s third consecutive balanced budget in 2017/18 with balanced budgets expected through 2021/22. This is positive news in an absolute sense but certainly when measured up against other governments in Canada and around the

Read More - The Fraser Institute