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New Quebec government tables balanced budget, projects $2.5 billion surplus

New Quebec government tables balanced budget, projects $2.5 billion surplus

Finance Minister Eric Girard says his budget will leave more money in Quebecers' pockets and pour funding into the key portfolios of education and health. Both will see spending increase in 2019-20 by more than five per cent. The budget projects a $2.5 billion surplus on total revenue of $115.6 billion. Gross debt is estimated at $200.8 billion, which represents 46.1 per cent of gross domestic product, continuing a downward trend from a peak of 54.3 per cent five years ago.

The Canadian Press