Back to our commitments

A solid, balanced and complete financial framework

Download the financial framework
Click here 

The leader of the Quebec Liberal Party, Philippe Couillard, presents a solid, balanced and complete financial framework, which guarantees the funding for all the electoral campaign commitments, while maintaining a prudent and rigorous management of public finances.

In a second mandate, a Liberal government will:

  • Maintain a balanced budget as well as the prudent and rigorous management of public finances:
    • To face economic uncertainty and maintain a strong economy;
    • In the interest of equity for future generations.
  • Continue to improve public services:
    • Thanks to funding that is enhanced, stable and predictable;
    • Through additional priority investments for patients and students.
  • Allow all families to benefit from a strong economy and well-managed public finances:
    • Through concrete measures to make life easier for families on a daily basis;
    • With improved financial security for all.

Key facts:

  • Maintaining a balanced budget throughout the duration of the financial framework.
  • Economic growth hypotheses inferior to private sector forecasts for the next 4 years.
  • Commitments whose budgetary impacts will in time total additional investments of 2.4 billion dollars:
    • 2 billion to improve services and ensure funding that is stable and
    • 2 billion to provide Quebecers with more breathing room and make their daily lives easier.
  • Commitments which are completely financed through leeway in the financial framework’s margins, which was made possible thanks to a solid economic performance, as confirmed by the Auditor General.
  • Expenditures growth that is compatible with that of revenues throughout the entire duration of the financial framework, to guarantee responsible long-term management.
  • A financial framework that includes the provisions and budgetary margins required to face economic risks ($8 billion).
  • A fiscal policy that maintains deposits into the Generations Fund, and meets the debt reduction objectives (results achieved four years earlier than anticipated).
I support this commitment

I support this commitment

The pre-electoral report that was tabled by the Auditor General offers a clear and complete portrait of public finances and confirms that Quebec’s economic and financial situation has considerably improved over the last four years. Thanks to the actions we have undertaken, our house is now in order, public finances are sound and balanced and we can now look to the future with confidence.

That is what allows us to continue our action and offer Quebecers concrete measures to make their lives easier, measures that meet Quebecers’ needs and expectations both today and tomorrow, measures that we have quantified in a solid, balanced and complete plan.

We will, of course, continue to be prudent, because although the economic and financial situation is one of the best in Canada, we face economic uncertainty surrounding international trade and the workforce shortage, which constitutes the biggest obstacle to our growth. Pursuing a fiscal policy that is prudent and rigorous is therefore essential.

Philippe Couillard, Premier of Quebec and leader of the Quebec Liberal Party