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Quebec premier-designate Philippe Couillard speaks at a news conference.
Quebec premier-designate Philippe Couillard speaks at a news conference.
(JACQUES BOISSINOT/THE CANADIAN PRESS)

Quebec’s post-election challenge: Rejuvenating an economy in decline

Quebec managed to get through an election campaign with only a peripheral discussion on its economic future. Too bad. The province is steadily drifting into a prolonged period of slower real economic growth, due to aging demographics and weak productivity gains.

Without deliberate action by government and business to counteract these forces, Quebeckers face an unappealing combination of deteriorating public services and higher taxes – and a stark future as an increasingly uncompetitive economic jurisdiction.