Quebec election: François Legault promises to balance Quebec budget in five years
SAINT-JÉRÔME, Que. — Coalition Avenir Québec Leader François Legault is promising to balance Quebec’s budget in five years if his party is re-elected on Oct. 3.
Legault told reporters in Saint-Jérôme, Que., north of Montreal, that his party is the only one that has a credible plan to return to a balanced budget and pay down the province’s debt.
The CAQ has made $29.6 billion in promises, including a one percentage point cut in the tax rate of the two lowest tax brackets.
The CAQ would increase the province’s projected deficit for 2022-2023 from 1.6 billion in a pre-election forecast to $7.6 billion.