
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
-
PerformanceJuly 25, 2024
How to pay yourself from your practice
How can you pay yourself from your business? Review the pros and cons of taking a salary as an employee or receiving dividends as a shareholder.
-
PerformanceJune 27, 2025
Are you paying more than your fair share in property taxes?
How can you know if you’re paying more than your fair share of property taxes? A property tax assessment review can help ensure accuracy.
-
ConfidenceAugust 23, 2024
Case Study: Steps in estate planning
Retirees Phillip and Martha faced challenges in ensuring their estate wishes were honoured due to differing family opinions.
Insights
-
Agility
August 06, 2025
How transparency is shaping the future of plant-based F&B
As consumers pay closer attention to ingredients, plant-based brands are turning to clean labels to build trust, meet regulations, and stand out on shelves.
-
Progress
August 05, 2025
Opening the Door to Opportunity
An ongoing partnership between ATB Financial and MNP investigates the gaps, challenges, and opportunities for Indigenous participation in Alberta’s economy.
-
Confidence
August 05, 2025
City of Burlington overhauls development process
Even though their development application process was working, the City of Burlington saw an opportunity to lead with transparency, efficiency, and innovation.