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Quebec on track to zero deficit, says Finance Minister Carlos Leitao

MONTREAL – Quebec is on track to a zero deficit in 2015-2016, according to Quebec’s Finance Minister Carlos Leitao.

Thursday, he gave an economic update and broke down the details of how it’s going so far in the province.

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Growth is at 1.5 per cent – a slight difference from the Liberal’s original 2 per cent forecast.

The deficit has dropped from $2.35 billion to $1.1 billion.

For education, the government has added $20 million this year, and an additional $80 million for next year.

That money is intendedto go to vulnerable students.

The annual education budget is $17 billion.

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