Québec Budget Report 2016

March 17, 2016

Québec loosens purse strings to reinvest
On March 17th, 2016, Carlos Leitão, Québec’s finance minister, tabled his third budget since his party entered government on April 7th, 2014. The Québec government has maintained a balanced budget after balancing it in the 2015-2016 year. Surplus funds have been reallocated to support innovation, education and other measures.

  • Retroactive decrease in the daycare contribution for a second child
  • Changes in the criteria for the SBD
  • Changes to the transfer tax on immovables (“Land transfer tax")
  • Support for innovation and technology
Click here for our full highlights report.

Click here for our full budget report
This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.