Quebec businesses say more help is needed after Premier François Legault touted a study that shows that 11 per cent of businesses are at risk of closing.

Enterprise software company SAP Canada will open a new research and development office in Montreal for its SAP Labs division and plans to add 30 new employees.

The system, called Lightspeed Supplier Network, is launching for bike stores, pet stores, jewelry stores and outdoor sporting good retailers in North America.

The province is providing the company with $30 million through Investissement Québec to help fund the $182-million project.

'If you're a small business owner, there's nothing for you in this budget, and you're certainly no further ahead in saving your business.'

"If Quebec had no trade with the United States, we would be talking about a trade deficit of $30 billion with the rest of the world," said Quebec Premier François Legault.

The economic snapshot comes about four months before the province usually unveils its annual budget.

Quebec has announced financial assistance for municipalities and public transit agencies to help with the economic fallout of COVID-19.

As the province faces a second wave of the novel coronavirus, Quebec treasury board president Sonia Lebel said fighting the virus and strengthening the economy are top priorities.

Shares fell to a new low Tuesday after Spirit AeroSystems said some closing conditions on its planned acquisition of Bombardier's aerostructures business remain unmet.