4. Making a determined effort to pay down the debt

Acceleration of deposits in the Generations Fund

• Additional deposit of $200 million thanks to the outstanding results of Hydro-Québec.
  • Over and above the $500 million deposited in February 2007.
• An extra $400 million per year, on average, derived from revenue from Hydro-Québec’s electricity exports between 2010 and 2025.
• These sums are in addition to the water-power royalties paid every year.
• By March 31, 2026, nearly $42 billion will have been devoted to paying down the debt.
  • Nearly half the debt accumulated over the past 30 years to fund current expenditures will have been repaid.

Reduction targets for total government debt