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Highlights of the Budget Presented by Finance Minister Eric Girard

The budget includes a $2 billion contingency reserve and prioritizes health care with a 4.1% spending increase, reflecting economic uncertainty from U.S. trade conflicts.

  • On March 18, 2026, Quebec Finance Minister Eric Girard tabled a $170.8-billion budget projecting an $8.6-billion deficit, which includes a $2-billion contingency and a $2.3-billion legally required debt payment.
  • Pressed by a trade dispute, Girard says economic uncertainty limits fiscal space as Quebec's GDP grew 0.8 and exports to the U.S. fell by $6.5 billion last year.
  • Health-Care spending is forecast at $68.7 billion, a rise of 4.1%, while education spending receives $24.1 billion, prioritizing these core sectors.
  • Tied to the CAQ leadership race, the budget includes a $250-million discretionary fund for the winner on April 12, 2026, while Charles Milliard warned the deficit limits support for small and medium-sized businesses.
  • On March 31, 2026, Quebec's net debt will be $250.3 billion, or 38.8 per cent of GDP, with debt service forecast at $10.3 billion, while the auditor general called the balanced-budget plan unrealistic.
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30 Articles

The Toronto StarThe Toronto Star
+4 Reposted by 4 other sources
Lean Left

Highlights from Quebec budget for 2026-27 fiscal year

QUÉBEC - Quebec Finance Minister Eric Girard tabled his eighth and what will likely be his final budget ahead of the October general election. Here are some highlights from Quebec’s

·Toronto, Canada
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The Lethbridge HeraldThe Lethbridge Herald
+17 Reposted by 17 other sources
Lean Left

Quebec projects $8.6B deficit in budget that focuses on funding core services

QUÉBEC — Quebec’s new budget has few flashy, big-ticket items for voters ahead of the fall election, reflecting a sober reality of sluggish GDP growth and

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Lean Left

Before drawing his reverence, the Legault government tried to turn the page on an uncertain school year-round. The Girard budget put an increase in education spending by maintaining several measures – including a cultural program that was threatened with cuts.

·Montreal, Canada
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Bias Distribution

  • 84% of the sources lean Left
84% Left

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St Catharines Standard broke the news in Welland, Canada on Wednesday, March 18, 2026.
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