Quebec Government To Invest $1,000,000,000 In Education, Health Care
The investment will take place over a five-year period.
In a departure from the austerity measures put forth in its first two years in office, Quebec Premier Philippe Couillard's Liberal government has announced that it will invest $ One Billion in the key sectors of education and health care.
According to sources, Finance Minister Carlos Leitão is planning to pace the investment over a five-year period.
A more detailed plan is expected at year end.
According to Leitão's ministry, Quebec is expected to end the 2017-18 fiscal year with a $2.5-billion surplus.
The economic update comes less than a year before the next provincial election, with the Liberals struggling in the polls.
The overall economic plan is also expected to include a $200 income tax cut.