Quebec’s finance minister is set to table a budget today with a focus on shoring up businesses and workers as U.S. tariff threats continue to sow economic turmoil.
Eric Girard has confirmed the budget for the coming fiscal year will include a projected deficit of more than $11 billion, surpassing the record set last year.
He told reporters Monday that the province is in a difficult economic position due to U.S. President Donald Trump’s threat of across-the-board tariffs, which come as Canadian federal leaders are preoccupied with an election campaign.
However, he said Quebec’s finances remain “under control,” and said the province can still avoid a recession….