2021 Quebec Economic and Financial Update
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.
Insights
-
Confidence
May 09, 2024
Bill 19 – British Columbia (B.C.) Money Services Business Act: What you need to know before legislation takes effect
Learn about the upcoming Money Services Business Act in British Columbia and what it means for MSBs operating in the province.
-
Confidence
May 08, 2024
Five key financial considerations for dental grads
As new dental graduates embark on their careers, equipping them with financial knowledge sets them up for success.
-
Progress
May 07, 2024
Impact of Federal Budget 2024 on the Technology, Media & Telecommunications Sector
The 2024 federal budget proposes key tax measures that could impact businesses and entrepreneurs in the technology, media, and telecommunications (TMT) sector.
