Quebec: Budget 2018. The Government Puts Its Fiscal Leeway to Good Use

The 2018 budget confirms the Government of Quebec’s sound financial position. According to the projections of the Ministère des Finances, the budget year ending on next March 31st will close with an $850M surplus. This will be in addition to the $2.191B and $2.361B surpluses for 2015–2016 and 2016–2017 respectively, and will be allocated to the stabilization reserve totalling $5.402B at March 31st, 2018.