Quebec Budget 2017
Quebec Presents Third Consecutive Balanced Budget
National Assembly - Quebec City
March 28, 2017
Finance Minister Carlos Leitao tabled the fourth budget of the government of Premier Philippe Couillard. Like the previous three years, Quebec's 2017 budget is a balanced budget. British Columbia is the only other province to balance its books.
Health care is by far the single largest expenditure in the Quebec budget, with home care spending key among such measures.
The basic personal amount of exemption in personal income tax increases to nearly $15,000. This is significant tax relief particularly for those in the lowest tax bracket.
In addition, several other structuring initiatives will also be considered:
- increasing the available income of social assistance recipients who make an effort to work;
- provisions to ease the way for social assistance program recipients as an inducement to enter the labour market;
- assistance in seeking employment; and
- measures to foster participation by individuals and families in community life.
Intresting to our sector, this budget announces the construction of 3000 new social, community or affordable housing units representing $255 million in investments. A further investment of $73 million is made to continue adapting and renovating private homes under the Residential Adaptation Assistance Program for persons with disabilities, the RénoRégion program and the Rénovation Québec program. The government will be investing $328 million more in the construction and renovation of housing units for vulnerable persons. Finally, over the next five years, this Budget provides an additional $8-million envelope that will make it possible to improve building accessibility for people with disabilities.
Another notable announcement (although with no details provided) will create a new program that will financially support small businesses wishing to improve their accessibility for persons with a mobility impairment.
The Support Program for Community Organizations receives an $80-million increase over the next five years.
Additional information on the Government of Quebec's 2017 Budget may be found at:
2016 Quebec Budget
National Assembly - Quebec City
March 17, 2016
Finance Minister Carlos Leitao tabled the third budget of the government of premier Phillipe Couillard, earlier today in the Quebec legislature. This budget also represents the mid-point in the Liberal government's mandate since having been elected in 2014.
Quebec's 2016 budget is a balanced budget. British Columbia is the only other province to balance its books.
Notably, of the $88 million set aside for the health sector, improving home support services represents one of the three spending categories in that amount.
Several measures reduce the tax burden on low-income tax payers, including the immediate reduction of the health contribution.
Quebec will also be exploring the idea of a guaranteed minimum income.
Although this budget contains no new tax increases, like all other governments in Canada, overall spending is either capped or held at nominal rates (roughly two percent for health, for example).
Of course, the restructuring of programs and services continues in this budget - perhaps the most notable consistency with this spending plan and that of almost every other government in the country.
Quebec Budget: An Aging Population and Personal Tax Measures Highlighted
National Assembly - Quebec City
March 26, 2015
The budget includes an enhanced tax credit, beginning in 2016, to keep older workers on the job. Once it s fully implemented in 2018, a 65-year-old worker will see income tax cut by $1,504. A new "tax shield" also aims at spurring productivity by ensuring low-income workers who work more do not see their additional earnings clawed back through a reduction in tax credits.
Quebecers will see a gradual elimination of the health contribution between 2017 and 2019. For people earning less than $42,235 a year, the contribution will be eliminated as of 2017.
There will be a gradual increase in the maximum tax credit of "experienced" workers, which will reduce the minimum age of eligibility from 65 to 63.
The eligibility age for the tax credit for seniors will be moved from 65 to 70 in 2020.
The budget also proposes $3 million to help seniors pay municipal taxes if the increase in their tax burden exceeds the average by 7.5 per cent and their income is below $50,000.
Approximately 1,500 new social housing units will be built, with funding in this budget of $126 million, and an additional $123 million will add 5,800 units to the Rent Supplement program. Recognizing the increasing need for modifications due to an aging society, and the fact that aging and disability are closely related, the budget provides $35 million for adaptation and renovation of private residences.
While there are plenty of tax breaks in the 2015 budget of Premier Phillipe Couillard, most Quebecers will not feel the impact of the cuts until next year.
Official budget documents may be found at:
Les grandes lignes du budget Québécois de logement dans le secteur social
20 février 2014 - ville de Québec
Le gouvernement péquiste du Premier Ministre Pauline Marois a présente son deuxième budget depuis qu'ils ont été élus dans un statu minoritaire. Et le budget du Ministre des Finances Nicolas Marceau, plusieurs remarquent, qu'il est plus une plateforme pré-électorale qu'un bilan budgétaire détaillé. En effet, bien qu'il y ait une quantité limitée d'annonces intéressantes, le plan budgétaire est certainement a court de détails
Bien que la promesse d'approche équilibrée n'ait pas clairement parut dans le budget (un déficit d'environ 1.75 milliard persiste), le gouvernement du Québec n'a pas l'intention d'imposer de nouvelles taxes durant l'année fiscale 2014-2015, Dans le secteur social, le gouvernement va investir 270 millions pur la construction de 3 250 logements sociaux dont 500 unités seront réservées a des personnes en situation d'itinérance.
Le gouvernement Marois a déjà passe une reforme sur l'économie sociale, que plusieurs décrivent comme étant la première dans son genre. Cette reforme reconnait la valeur du travail d'environ 150,000 québécois travaillant dans le secteur social. Ce budget annonce la prochaine étape, le développement du plan d'action, va aller de l'avant avec la participation d'un représentant du secteur social. Le plan d'action a pour but de fournir d'une façon simplifiée l'accès aux programmes gouvernementaux, contrats et subventions. De plus, l'intérêt vacances pour la Fiducie du Chantier de l'économie sociale est prolonge de cinq ans, une mesure pour aider a fiancer de nouveaux projets en économie sociale.
Pour de plus ample information sur le budget du Québec 2014, visitez www.gouv.qc.ca.
Quebec Budget Highlights Housing for Social Sector
February 20, 2014 - Quebec City
The PQ government of Premier Pauline Marois delivered its second budget since having been elected to a minority status. Finance Minister Nicolas Marceau's budget, many observers say, is more a pre-election platform than a detailed fiscal statement. Indeed, while there are a handful of intriguing measures announce, the budgetary plan certainly is short of specifics.
Although the promised balanced approach clearly had not emerged in the budget (a roughly $1.75 billion deficit lingers), the Quebec government does not intend to impose any new taxes in the 2014-15 fiscal year. On the social sector front, the government is providing for $270 million to build 3,250 new housing units for low-income families, who includes 500 social housing units for homeless people.
The Marois government had already passed a framework act on the social economy, which many describe as the first of its kind anywhere. This framework act recognizes the value of the work of the approximately 150,000 Quebecers working in the social sector. This Budget announces that the next step, the development of an action plan, will proceed with the participation of representatives from the social sector. The action plan is intended to provide a streamlined path for facilitation access to government programs, contracts and grants. The interest holiday for the Chantier de l'economie sociale Trust is extended for five years, a measure to help fund new social economy projects.
For more official details and additional information about the 2014 Quebec Budget, visit www.gouv.qc.ca
March 20, 2012 Quebec City
Quebec Finance Minister Raymond Bachand delivered the 2012 budget of Premier Jean Charest’s government in the National Assembly this afternoon. Described by many as “fiscally conservative”, this is not a typical pre-election woo-the-voters type of budget for a government delivering what is expected to be its last before heading into an election.
The underpinning plan in this year’s budget is to move toward a balanced fiscal situation next year. However, while solid fiscal decisions can help the Province’s credit rating on the bond markets in Montreal and New York, balancing the deficit is rarely popular and almost never an election priority among everyday voters.
While no program was spared the scrutiny of spending restraint, health and social services continue to receive the lion’s share of investment, and, in fact, with a slight increase.
Roughly $30.1 billion is targeted for health and social services – comprising nearly 50% of the budget and representing a spending increase of 3.4% from last year. Of this, seniors’ programs are given among the highest spending priority.
The Growing Old at Home Action Plan – a trend across Canada – recognizes the need for more home support services, informal caregivers, adapted housing, and enhanced tax assistance for modifications and equipment.
A few specifics of the Plan:
- $2.3 billion over five years for adapted health services (i.e.. home-support services).
- $172 million in tax credits to help seniors stay and home, as well as for informal caregivers (increasing to $1,000 in 2016 for informal caregivers).
- $86 million for new affordable housing units for seniors in 2015 and 2016.
- $76 million over five years for community-based projects for seniors.
Overall, Minister Bachand points out, the government expects to provide home support services or accommodation to upwards of 56,000 more seniors.
Seniors are also the highlight of investments in pensions and labour market activity.
Employers will experience a $1,000 break in payroll taxes for each employee over 65, starting in 2013. Employees over 65 will pay $1,500 less in income taxes in 2016, an increase in the tax credit for employed seniors from the current $450.
For those employees without company pensions, companies with a staff compliment of five or more must offer a Voluntary Retirement Savings Plan (VRSP) – with the same deductions as the Registered Retirement Savings Plan. It is proposed that the employer will deduct agreed amounts form the employee’s pay. Monies deducted will go directly into a VRSP account (to be invested by accredited investment advisors). Furthermore, the amount is portable, and can be transferred when the employee changes jobs.
Some of these budget measures points are consistent with the direction of governments in other provinces, including BC, Alberta and Ontario, and, more importantly, signal the opportunity for March of Dimes to advocate for a more harmonized national dialogue on caregiving, modifications, and supportive and accessible housing.
For more official details and additional information about the 2012 Quebec Budget, visit www.gouv.qc.ca.
If you are a resident of Quebec and wish to communicate directly with the Premier, Minister of Finance or your local MNA, about the details of the 2012 budget, please visit www.assnat.qc.ca for a complete listing of representatives, electoral districts and contact information.