Viewpoint: The $15-Billion Quebec Surplus That Might Have Been

Eleven years ago, a government was elected in Quebec by promising to re-examine the functioning of the state and diminish the tax burden of individual Quebecers. However, between the fiscal years 2003-2004 and 2013-2014, the size of the provincial government continued to grow relative to the economy. Indeed, during this period, the Quebec economy grew by 39.6% while public spending increased by 66.9% and revenue by 65.6%. What would have happened if the growth of public spending had been limited to the same rate as economic growth during these ten years?

Media release: The Quebec government would have a $15-billion surplus if it had controlled its spending


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