Ministère des finances du Québec
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2007-2008 BudgetWebcast


Other sectors targeted by the Budget

Forestry

Since 2003

  • Implementation of a $1.4-billion support plan over four years
  • More than 6 500 workers are already availing themselves of the measures in place.
  • Filing of $500 million worth of projects by forest companies
  • Filing of nearly $80 million worth of plans for the construction and repair of forest roads and bridges
  • Signing of some 20 economic diversification and development contracts with regional county municipalities

With the 2007-2008 Budget

  • Extension, until December 31, 2012, of the capital tax credit of 15% for new investments in manufacturing and processing equipment
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Mining

With the 2007-2008 Budget

  • Additional appropriations of $7 million per year over the next three years for the evaluation of mining potential
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Agrifood

With the 2007-2008 Budget

  • $15 million over five years for leading food processing businesses
  • Increase in the tax on capital exemption threshold for farm and fishing corporations from $400 000 to $5 million
  • $10 million over five years to help the fishing industry increase productivity
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Tourism

With the 2007-2008 Budget

  • An additional $5 million to support festivals and tourism events
  • $10 million for the construction of a cruise ship terminal at the
    A.-Lepage pier in Saguenay
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Culture

Since 2003

  • Increase of $125 million in spending on culture
  • Government contribution to the renovation of Palais Montcalm in Québec City
  • Announcement of plans to build a new concert hall for the Orchestre symphonique de Montréal (OSM)

With the 2007-2008 Budget

  • Additional support of $10 million per year for the Québec film industry
  • $5 million more every year for museums
  • $2 million more every year for public libraries
  • $3 million more for the Placements Culture program
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