Premier Pauline Marois's Parti Quebecois government introduced a bill in the spring that would create an economic development bank for the province, offering loans and seed money for new businesses. But the proposed legislation, still stuck in the national assembly, has stirred a linguistic tempest in the federal Finance Department because the new entity is to be called a "banque" — or "bank" in English.
Liberal Leader Philippe Couillard chose the one-time home of the Montreal Stock Exchange to introduce a trio of prominent bankers and economists who are making the plunge into politics.
Story continues below advertisement "A morose climate has been established, and private investment has stopped growing," said Mr. Leitao described Quebec's situation as "very weak and precarious" compared to the rest of Canada and the United States.
While the Liberal recruits spoke of worrying long-term trends of aging and lagging growth and the PQ prepared for events to tout the party's integrity, the Coalition Avenir Quebec made a bold promise to balance the budget within a year. The CAQ leader also said he would seek to get back money "stolen" from Quebeckers by firms who used corrupt or illegal means to win government contracts.
Legault said in a press release. The issue of corruption will also be front and centre of the PQ campaign. Several engineers were involved in collusion, fraud and mismanagement of public funds unveiled before the Charbonneau Commission on corruption in the construction industry.
Lebel is being showcased as part of the PQ government effort in eliminating corruption in the industry. Follow Les Perreaux on Twitter Perreaux.Should the government use economic stimulus to aid the country during times of recession?
stats discuss Bloc Québécois’ answer: Yes, but in the form of increased spending on infrastructure After taking power, Harper's Conservatives attempted to cut taxpayer-funded party financing and delayed an economic stimulus package in the midst of a global financial crisis.
Sep 28, · The question of whether Quebec will secede from Canada to become an independent nation has been a hot topic in the country for several years now.
In fact, the only two specific economic policy promises that Ford would set out in the interview–cancelling the carbon tax and eliminating income tax for Ontarians paying less than $30, a year — would increase the deficit, rather shrink it. Economic policy Economic policy refers to the actions that governments take in the economic field.
It covers the systems for setting interest rates and government budget as well as the labor market, national ownership, and many other areas of government interventions into the economy.
Feb 18, · QUEBEC – Quebec’s auditor general is bringing forward the tabling of his report on the Parti Quebecois’ economic update so it doesn’t clash with the provincial budget.
Is Quebec subsidized by the rest of Canada? Appeared in the National Post In Quebec, recent attention focused on Premier Pauline Marois and her musings that if her party wins the provincial election, and if separation one day occurs, that Quebec would keep the Canadian dollar, seek a seat on the Bank of Canada, and that Quebecois might have.