2021 Quebec Budget
Minister of Finance Eric Girard’s budget, tabled on March 25, 2021, allows the government to continue its efforts in managing the health crisis while supporting the economy. This budget, focused on resilience and confidence in the future, does not increase the tax burden on Quebecers and supports businesses.
In order to accelerate growth and stimulate the transition to the new economy, the budget proposes tax measures to encourage businesses to adopt new technologies and provides for a reduction in the tax rate for SMEs.
The government intends to continue its actions aimed at ensuring the integrity and fairness of the tax system, including ensuring the collection of QST in the context of the digital economy.
Here are the highlights of the 2021-2022 Quebec budget.