Quebec Liberals released costed platform promising $41 Billion in spending
MONTREAL — The Quebec Liberal Party has released a costed breakdown of its election promises, which includes $41 Billion in spending over five years.
The party estimates the annual deficit would average about $5 Billion, after mandatory contributions to a fund to reduce the province’s debt.
The party projects the net debt would increase by a total of $5 billion over the forecasts provided by the Auditor General in August, before the start of the election campaign.
The Liberals are counting on paying for their promises in part through an additional $10 Billion in revenue. The party also predicts the revenue paid into the debt-reduction fund will continue to increase, as will revenue from taxes and other sources.