QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown.
QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown.
He said real GDP growth is expected to be 1.2 per cent in 2024, compared with the 0.6 per cent that was expected. However, spending is also up, with Girard pointing to expenses related to record-breaking flooding this summer and increased health and social services costs. Girard told reporters the government is still reviewing its spending as it moves toward its goal of balancing the budget by the 2029-30 fiscal year, with more details to be provided in next year's budget.
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