Income tax cuts expected as Quebec finance minister to table budget Tuesday | 24CA News

Canada
Published 21.03.2023
Income tax cuts expected as Quebec finance minister to table budget Tuesday  | 24CA News

Quebec Finance Minister Eric Girard is scheduled to desk the primary price range of the Coalition Avenir Québec’s second mandate this afternoon.

Girard broke with custom on Monday — as a substitute of shopping for new sneakers forward of the price range, he introduced a $5,000 donation to a Quebec City group centre.

He stated right this moment’s price range may also embody $50 million for the Dr. Julien Foundation, which offers pediatric care and different providers to weak kids.

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Quebec price range: Minister ditches new sneakers custom, makes donation as a substitute

Girard has beforehand stated his price range for the 2023-24 fiscal 12 months will hold the guarantees his celebration made throughout Quebec’s fall election marketing campaign.

A centrepiece of the celebration’s election platform was a promise for an earnings tax minimize of 1 share level beginning this 12 months on the bottom two earnings tax brackets.

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The minister’s December replace forecasted that the province would finish the 2022-23 fiscal 12 months with a $5.2-billion deficit and return to a balanced price range by 2027-28.

This report by The Canadian Press was first printed March 21, 2023.

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