Description: While Saskatchewan, Alberta and the federal government in Ottawa have all delivered budgets with big planned deficits in recent weeks, last week the Province of Quebec issued a balanced budget. The budget also promised an income tax cut for Quebec citizens. Could this have anything to do with a coming election in 2018?

Date: March 28, 2017

Source: globeandmail.com

Link: http://www.theglobeandmail.com/news/national/quebecs-balanced-budget-boosts-spending-cuts-taxes/article34461363/

Discussion Points:

1) Were you surprised to see that the Quebec government issued a balanced budget in this year of deficits?

2)  What factors do you think contributed to the province’s fiscal good news?

3)  If you were the Minister of Finance, would you have cut taxes now, knowing that Quebec still has a huge debt load?