Authors: Montreal Tax Group
Details: On March 23, 2006, the Minister of Finance, Michel Audet tabled the 2006-2007 Budget of the Quebec Government. This budget, Mr. Audet's second and the Liberal Government's fourth, is geared towards restoring public finances and improving equity toward future generation by namely creating the Generations Fund, the objective of which is to reduce Quebec's debt to less than 25% of the Gross National Product by 2025. In addition, the budget targets three other objectives: (i) improving the health and education system, (ii) creating wealth in a context of sustainable development and (iii) developing and modernizing Quebec's infrastructure.

The following article appears in the April 11 – May 1, 2006 edition of The Canadian Taxpayer, a semimonthly publication with national circulation.