Quebec Finance Minister Eric Girard is scheduled to present an economic update this afternoon that will reflect the damage of COVID-19 to the province’s finances.
Last month, Girard told a legislative committee that the government didn’t plan to table a balanced budget until fiscal 2025-2026.
Girard has said the coming year will be difficult on the economy and on the province’s health-care system.
Last March, Girard expected Quebec’s economy to grow this fiscal year by about 2 per cent.
The update comes the same day Montreal released its budget — which is balanced.
Montreal’s $6.2 billion budget includes an average rise of property taxes of about 0.2 per cent.
This report by The Canadian Press was first published Nov. 12, 2020.
The Canadian Press
The post Quebec government to present economic update later today appeared first on 660 NEWS.