Québec Budget Report 2015

March 26, 2015

Return to a balanced budget

On March 26, 2015, the Québec Minister of Finance, Carlos Leitão, tabled his second budget since the new government took power on April 7, 2014. After six consecutive years of deficits, the 2015-2016 budget forecasts a return to a balanced budget and does so with no income tax or sales tax increases.


  • General corporate tax rate reduction starting in 2017
  • Enhanced measures for the primary and manufacturing sectors
  • Further enhancements of measures to ensure integrity of the tax system
  • Full elimination of the health contribution by 2019
Download our full highlights report

Download our full budget report

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