EN FR

Taxpayers Federation publishes Quebec prebudget recommendations

Author: Renaud Brossard 2021/01/21

MONTRÉAL, QC:  The Canadian Taxpayers Federation released the prebudget submission it sent the government of Quebec earlier this morning.

“Quebec is facing two challenges: that of making sure government finances can be sustainable again and that of stimulating a recovering economy,” said CTF Quebec Director Renaud Brossard. “It is to help the government face those two challenges that we are releasing this list of recommendations today.”

Amongst the measures proposed by the CTF, there are:

  • Personal income tax cuts to boost household disposable incomes

“By lowering personal income tax rates, the government would give Quebecers the capacity to invest in and encourage their local economy,” said Brossard.

  • Replacing business subsidies with business tax cuts

“Economic recovery doesn’t depend on a few privileged industries, but rather on the economy as a whole,” said Brossard. “Replacing business subsidies with business tax cuts helps the entire economy grow, rather than a handful of privileged sectors.”

  • Reducing bureaucrats’ compensation by 15 per cent

“Quebecers’ ability to pay is not the same as it was prior to the pandemic,” said Brossard. “Spending on government employee compensation needs to reflect this new financial reality.”

The CTF’s proposals would reinject $7.5 billion in Quebec’s economy which would be made possible thanks to $11.3 billion in budgetary savings. This would reduce the province’s planned deficit for 2021-22 by $3.8 billion.

To consult the CTF’s prebudget submission, click here: http://www.taxpayer.com/media/QC%20Pr%C3%A9budget%202021-22%20-%20Renouer%20avec%20la%20prosp%C3%A9rit%C3%A9.pdf


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey

Join now to get the Taxpayer newsletter

Franco Terrazzano
Federal Director at
Canadian Taxpayers
Federation

Join now to get the Taxpayer newsletter

Hey, it’s Franco.

Did you know that you can get the inside scoop right from my notebook each week? I’ll share hilarious and infuriating stories the media usually misses with you every week so you can hold politicians accountable.

You can sign up for the Taxpayer Update Newsletter now

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<