Quebec Budget 2014-2015

June 4, 2014

Budget 2014–2015 is firmly focused on spurring Québec’s economic recovery and restoring sound public finances.

The government is giving itself the means to achieve its objectives and return to a balanced budget in 2015–2016. This is not an obsession. It is an obligation. We want to end the structural imbalance in public finances that puts us deeper into debt each year and increasingly limits our freedom of action. We will thus undertake the efforts required to reduce the growth in government spending and achieve the balance needed for Québec’s prosperity.

Every necessary effort will be made to create wealth and jobs and ensure Quebecers reap the benefits of an enviable social model. We will provide more support to businesses, particularly SMEs, we will capitalize on our natural resources, we will implement the maritime strategy, we will relaunch the Plan Nord and we will continue to invest in our infrastructure.

With Budget 2014–2015, the government is taking the first step on the “critical path” we must travel to restore fiscal balance. This reasonable budget is rigorous and inspires hope thanks to the commitments it contains. It will improve the lives of all Quebecers and future generations.

Press Releases – Budget 2014-2015

June 4, 2014

• Press release No. 1
  Budget 2014-2015 –
  A Budget for Economic Recovery and to Restore Sound Public Finances in Québec
• Press release No. 2
  Budget 2014-2015 –
  A Return to a Balanced Budget Based Mainly on the Reduction of Public Spending
• Press release No. 3
  Budget 2014-2015 –
  Initiatives to Support SMEs and Private Investment
• Press release No. 4
  Budget 2014-2015 –
  Deployment of Québec’s Maritime Strategy
• Press release No. 5
  Budget 2014-2015 –
  Natural Resources, the Centrepiece of Québec’s Economic Development
• Press release No. 6
  Budget 2014-2015 –
  Stronger Support for Seniors, Families and the Most Vulnerable
• Press release No. 7
  Budget 2014-2015 –
  Maintaining Support for the Municipalities and the Regions

Budget Speech (498 Kb)

2014-2015 Budget Plan (4.12 Mb)

• Section A -The Government’s Economic and Fiscal Policy Directions
• Section B -A Plan for Québec’s Economic Recovery
• Section C -The Québec Economy: Recent Developments and Outlook for 2014 and 2015
• Section D -The Government’s Detailed Financial Framework
• Section E -The Québec Government’s Debt
• Section F -Update on Federal Transfers
• Section G -The Fight Against Tax Evasion and Unreported Work
• Section H -Report on the Application of the Legislation Respecting a Balanced Budget and the Generations Fund
• Section I -Additional information – Historical Data

Additional Information on the Fiscal Measures (795 Kb)

Budget at a Glance (1.30 Mb)

Budget paper

The Challenge of Québec’s Public Finances
(581 Kb)

Reference documents

Charts
(124 Kb)

Map representing the rates of the additional deduction for transportation costs
(1.60 Mb)

Québec’s Economic and Financial Summary – June 4, 2014
(283 Kb)

NT5