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Quebec Will Need to Make a $2 Billion Effort to Balance Budget, Says Auditor General
Christine Roy says the next government must close a $1.85 billion gap and make at least $2 billion in cuts to meet balanced-budget rules.
- On Aug 17, Quebec Auditor General Christine Roy released a pre-election report warning that the next provincial government must implement at least $2 billion in budget cuts starting next year to meet the Balanced Budget Act.
- The Balanced Budget Act requires eliminating the deficit by 2029-30, forcing the government to face a total budgetary effort reaching $4.85 billion by 2028-29.
- Roy cautioned that funding reductions for certain activities and programs will be 'demanding' for beneficiaries, noting political parties currently lack 'much leeway' for new spending promises.
- Ahead of the Oct 5 election, Opposition critics Liberal Beauchemin and Parti Paradis accused the government of overspending, intensifying political debate.
- Potential tariffs from the United States and uncertainty over slowing economic growth complicate these fiscal targets, as parties prepare financial frameworks for the campaign ahead.
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37 Articles
37 Articles
Guelph Today+8 Reposted by 8 other sources
Auditor general says Quebec parties have little room for new spending promises
MONTREAL — Quebec will have to tighten its belt for several years to comply with provincial legislation that requires a balanced budget, the province's auditor general said on Monday.
·Guelph, Canada
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TVA Nouvelles+2 Reposted by 2 other sources
Although the caquistic plan to achieve budgetary balance is plausible, the challenge to achieve it will be significant, according to the Auditor General.
·Montreal, Canada
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The Toronto Star+16 Reposted by 16 other sources
Quebec will need to make a $2 billion effort to balance budget, says auditor general
MONTREAL - A new reports says the next Quebec government will need to make budget cuts totaling at least $2 billion starting next year to stay on track toward a
·Toronto, Canada
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Coverage Details
Total News Sources37
Leaning Left22Leaning Right3Center9Last UpdatedBias Distribution65% Left
Bias Distribution
- 65% of the sources lean Left
65% Left
L 65%
C 26%
Factuality
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