The fiscal balance and debt reduction

Québec is the province where the largest proportion of gross …

Resolution #2: The fiscal balance and debt reduction (Official French version)

Québec is the province where the largest proportion of gross domestic product (GDP) is taken in taxes of all sorts. In addition, Québec government's net debt is among the highest in North America in share of GDP.

A CPQ government will introduce budgets that are at least balanced (no deficit) that will allow a reduction in the overall tax burden of Québec taxpayers. These budgets will not include increases in total spending and will aim at reductions in these expenses. This, until net debt (accumulated debt) of the Government of Québec has not been reduced as a share of GDP at a level among the lower 25th percentile of North American states and provinces.