The province is spending $3.2 billion on one\u002Dtime payments for 6.4 million Quebecers earning $100,000 or less
The province is spending $3.2 billion on one time payments for 6.4 million Quebecers earning $100,000 or less in annual income, with inflation expected to surge this year in-part fuelled by Russian’s invasion of Ukraine.
Canada’s most populous provinces are eyeing smaller deficits as their economies recover from the pandemic. “The need is now so we’re acting now,” said Girard, a former bank executive. “The election is in October.” Carlos Leitao, finance critic for Quebec’s opposition Liberals and a former bank economist, said reaching a balanced budget would require tighter controls on spending “after the election,” since growth is expected to slow.
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