The CAQ government offered an optimistic view of the economy while presenting a budget that includes one of the largest tax cuts in Quebec’s history.
Taxpayers will save hundreds but government loses out on revenue
Matthew Lapierre · CBC News ·
Quebec Finance Minister Eric Girard, left, and Quebec Premier François Legault hold a copy of the budget. This is Girard’s fifth budget as finance minister and the first in the CAQ’s second term. (Jacques Boissinot/The Canadian Press)
The Quebec government is plowing ahead with one of the largest tax cuts in the province’s history.
The tax cut is the big ticket item in the 2023-24 budget, which Finance Minister Eric Girard presented at the National Assembly on Tuesday.
Girard used this budget, the first since the CAQ government was re-elected last fall, to introduce the tax cut and increase government spending while maintaining a promise to balance the budget within five years.
“It’s really a balance,” he said. “I think we found the right compromise.”
More to come.
ABOUT THE AUTHOR
Matthew Lapierre is a digital journalist at CBC Montreal. He previously worked for the Montreal Gazette and the Globe and Mail. You can reach him at matthew.lapierre@cbc.ca.