ENABLING QUEBECERS TO REAP THE BENEFITS OF GROWTH
1. REDUCTION IN THE TAX BURDEN ON INDIVIDUALS: NEARLY $2.3 BILLION PER YEAR AS OF 2017
A decrease in the tax rate applicable to the first dollars of earned income, from 16% to 15%, for more than 4.2 million taxpayers: a historically low rate.
Thus, as of 2017, taxpayers will see a reduction in their tax burden of:
- $1 000 for a couple with two equal work incomes of $44 050;
- $500 for a person living alone with a work income of $44 050.
2. A PLAN TO LIFT MORE THAN 100 000 PEOPLE OUT OF POVERTY: ADDITIONAL INVESTMENTS OF $2.6 BILLION:
These investments will:
- increase benefits under the last resort financial assistance and Objectif emploi programs;
- increase the incentive to work;
- facilitate the social inclusion of people with low incomes.
3. ADDITIONAL INVESTMENTS TO IMPROVE SERVICES: NEARLY $1.1 BILLION OVER SIX YEARS
Health – $630 million to, in particular:
- improve residential care services for seniors;
- offer improved mental health services for vulnerable clienteles;
- prevent addiction: for example, cannabis addiction.
Education and childhood – $337 million for the strategy for children between the ages of 0 and 8, in addition to the $3.4 billion announced in March 2017 for the Plan for Success: A Lifelong Process from Early Childhood, that is:
- $125 million to support the quality of education in childcare services and promote equality of opportunity for all children;
- $212 million to hire 500 specialists, such as speech therapists and ortho-pedagogists, in schools.
Higher education – another $107 million to:
- better support students, as well as their success and integration.
4. SUPPORT FOR REGIONAL ECONOMIES: MORE THAN $660 MILLION OVER SIX YEARS
- $367 million for the deployment of accessible, high-performance digital infrastructure in all regions of Québec: over 90% of Quebecers will have access to ultra-high-speed Internet;
- $300 million to support economic development in all regions.