Quebec Economy
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Quebec economic update: $2.1B in new spending, end of tax credit for some older workersQuebec's finance minister painted a positive picture of the province's finances, saying the province had a stronger-than-expected recovery from last year's economic slowdown.EconomyNov 21
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Quebec to spend billions to try and tackle homelessness, rising food costsFinance Minister Eric Girard outlined the province's economic update Tuesday, saying the government is taking 'targeted action' to address housing and other issues.EconomyNov 7, 2023
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Some McMasterville, Que., residents oppose building of $7B EV battery plantPlans to build a state of the art gigafactory aiming to make the greenest electric vehicle batteries in the world are sparking concerns among those who live around the area.PoliticsSep 29, 2023
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No way of ‘adjudicating facts’ in deals between corrupt firms and prosecutors: Quebec judgeRemediation agreements are a new part of the legal landscape, that were supposed to make it easier to bring corrupt companies to justice.CanadaJul 10, 2023
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Rio Tinto to expand aluminum smelter with $1.4B investment using greener technologyThe pending shutdown of Arvida is poised to impact between 300 and 350 employees. The new facilities will create 100 permanent jobs, Rio Tinto said.CanadaJun 12, 2023
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Ford inks deal to buy lithium for electric car batteries from Quebec’s Nemaska LithiumFord will buy up to 13,000 tons a year of lithium hydroxide produced at Nemaska's factory in Becancour, Que., about 150 kilometres northeast of Montreal.CanadaMay 22, 2023
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Quebec’s planned income tax cut divides economists: ‘There’s significant risk’Quebec is planning to include an income tax cut in its upcoming budget, but some economists say now is not the right time to implement that measure.PoliticsFeb 27, 2023
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Quebec’s pension fund manager reports loss of 5.6 per cent in 2022President and CEO Charles Emond stressed that the first half of the year was marked by the worst concurrent correction of stock and bond markets in 50 years.CanadaFeb 23, 2023
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Quebec finance minister to table budget on March 21Finance Minister Eric Girard made the announcement at the provincial legislature in Quebec City. The upcoming budget marks the CAQ government's first budget of its second mandate.CanadaFeb 23, 2023
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‘Responsible’ increase in Quebec minimum wage coming May 1Quebec Labour Minister Jean Boulet announced Wednesday that the general minimum wage in the province will increase in May to a 'responsible' value, but critics say it's not enough.EconomyJan 18, 2023
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