Quebec to cut taxes for small, medium sized businesses in next budget: Couillard

Philippe Couillard’s Quebec Liberals are planning to cut taxes for small- and medium-sized businesses in the next provincial budget.

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The premier says in an interview these businesses find themselves under increased pressure due to changes to pension rules and an impending hike to the minimum wage.

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Couillard made the comments Thursday as he continued his trade mission in China.

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He wouldn’t go into details on the budget — the fifth put forth by his government — but said his government would be “cautious” while maintaining fiscal and financial responsibility.

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Couillard says Quebec does not plan to further reduce personal taxes because the province has already made efforts to cut them.

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The premier also says he doesn’t intend to call an election earlier than the Oct. 1 fixed date.