Budget
Ottawa Unveils Its Economic Statement: Key Measures to KnowRead article 
2025 Economic Update: Key Measures to RememberFinances A $12.4 B Deficit The budget balance shows a deficit of $12.4 B, representing 1.9% of GDP, after transfers of revenues dedicated to the Generations Fund. $8.3 B over Five Years to Protect the Purchasing Power of Quebecers in the Current Economic Context The financial impact of these new initiatives totals $65 M in…Read article- 2025 Federal BudgetRead article
Balanced budget: can we still achieve it?Nothing is clearer than Article 6 of the Balanced Budget Act: The government may not incur any budgetary deficit. But why does it happen with every budget? It’s quite a difficult accounting exercise to wrap your head around. I make no claim to being a public finance expert, but we can certainly go back to…Read article
The Budget Process: What Is It, Exactly?Every year, Quebec’s Minister of Finance tables a budget covering the upcoming fiscal year. For 2025-2026, we’ll be joining Minister Eric Girard on March 25 for his big day. Later than usual, you might say? Yes, but understandable given all the uncertainty being imposed on us by the United States. What is a budget? At…Read article
Federal Economic Update 2024It was a day marked by unexpected developments when the federal government unveiled the 2024 fall economic update, the last of the current mandate. With the unforeseen departure of Ms. Chrystia Freeland as Minister of Finance and the appointment of Mr. Dominic Leblanc to that position, adding to his responsibilities as Minister of Public Safety,…Read article
2024 Economic UpdateFinance Minister Eric Girard unveiled his seventh economic update today. The deficit is still projected at $11 billion for 2024-2025. Discover the highlights prepared by our team of specialists. Finance A Stable Deficit of $11 Billion The deficit after mandatory payments to the Generations Fund remains the same as announced at the time of the…Read article