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Budget 2012-2013: A Strong Economy
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2012-2013 Budget

Webcast

Finance Minister Raymond Bachand delivered the 2012-2013 Budget Speech on March 20, 2012.

Budget at a Glance

Québec is controlling its public finances

  • The objective of restoring fiscal balance in 2013-2014 is maintained
  • Spending continues to be managed in a rigorous and disciplined manner
  • Debt reduction remains a priority
  • In 2012-2013, $1.2 billion will be deposited in the Generations Fund to repay the debt

Refer to the Budget at a Glance p. 3 This link will open a PDF file in another window for more information

Developing the wealth of our natural resources and deploying the Plan Nord

  • Taking equity interests in resource development companies
  • Developing Québec’s mining potential and tapping into the wealth of our mines
  • Tapping into the full potential of our natural resources
  • Continuing the development of the Plan Nord

Refer to the Budget at a Glance p. 5 This link will open a PDF file in another window for more information

Consolidating our leadership in sustainable development

  • Québec, a leader in the fight against climate change
  • Introduction of a new Climate Change Action Plan

Refer to the Budget at a Glance p. 8 This link will open a PDF file in another window for more information

Capitalizing on the full potential of our labour force

  • Keeping experienced people on the job
  • Facilitate access to a first job for our young people and our immigrants
  • Create a better match between training and jobs to ensure success
  • Ensuring everyone has access to a pension plan

Refer to the Budget at a Glance p. 9 This link will open a PDF file in another window for more information

The economy at the service of our values

  • Improving the supply of social and community housing
  • Supporting Family community organizations and community daycare centres
  • Supporting sports

Refer to the Budget at a Glance p. 11 This link will open a PDF file in another window for more information

Promoting the growth of our businesses

  • $1.3 billion to give businesses the means to succeed
  • Supporting the manufacturing sector
  • Stimulating exports
  • Supporting the development of cooperatives
  • Increasing the competitiveness of the biofood sector

Refer to the Budget at a Glance p. 12 This link will open a PDF file in another window for more information

Promoting our tourist attractions

  • Boosting Québec's appeal as a tourist destination

Refer to the Budget at a Glance p. 14 This link will open a PDF file in another window for more information

The strength of our culture

  • Promoting knowledge of Quebec’s cultural heritage, as well as the protection, enhancement and transmission of our heritage

Refer to the Budget at a Glance p. 14 This link will open a PDF file in another window for more information

Fostering the vitality of Montréal, Québec City and all the regions

  • Celebrating the 375thanniversary of Montréal
  • Letting Le Diamant de Québec shine
  • Creating greenbelts around major centres
  • Tapping the strength of our regions

Refer to the Budget at a Glance p. 15 This link will open a PDF file in another window for more information

Aging at home

  • Broadening the supply of services adapted and designed to improve living conditions of seniors
  • Increasing tax assistance to help seniors remain in their home
  • Getting seniors involved in community-based projects
  • Improving housing conditions for seniors

Refer to the Budget at a Glance p. 16 This link will open a PDF file in another window for more information