
2021 Quebec Economic and Financial Update
Québec Finance Minister Eric Girard released the Update on Quebec’s Economic and Financial Situation on November 25, 2021.
On November 25, 2021, Quebec Finance Minister Eric Girard delivered the Fall 2021 Update on Quebec’s Economic and Financial Situation.
No tax rate changes were announced, but the Government announced several initiatives to help support the cost of living, combat labour shortages and stimulate economic growth, and continue efforts to strengthen the healthcare system.
Tax measures announced include:
- Enhancing the refundable tax credit for childcare expenses for parents of children that attend non-subsidized daycare
- Enhanced assistance for seniors through the refundable senior assistance tax credit (effective 2021) and refundable tax credit for home support services (effective January 2022)
More details and highlights of the Quebec Fall 2021 Update can be found here.
Related Content
-
PerformanceApril 14, 2025
Prince Edward Island 2025 Budget Highlights
View a summary of MNP’s highlights from the 2025 Prince Edward Island budget.
-
PerformanceApril 09, 2025
Newfoundland and Labrador 2025 Budget Highlights
View a summary of MNP’s highlights from the 2025 Newfoundland and Labrador budget.
-
PerformanceMarch 31, 2025
Tariff relief and federal support for Canadian businesses
Read our overview of the federal tax relief and support measures available to Canadian businesses impacted by tariffs.
Insights
-
Progress
April 22, 2025
A roadmap for passing the family dealership to the next generation
For family-owned dealerships, passing ownership of the business to the next generation means considering more than just the financials.
-
Confidence
Climate transition risk and financial institutions
Canada's financial institutions are uniquely exposed to risk as domestic and global economies seek to address climate change. The results of a federal pilot project shed light on how the financial sector is responding, and the necessary steps to thrive in a net zero business environment.
-
Agility
Three ways to create a more efficient practice with technology
The Canada Digital Adoption Program (CDAP) can help your practice increase efficiency and overcome the barriers associated with digital transformation.