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
July 10, 2025
How oil and gas companies can strengthen their insurance strategies for wildfires and other natural disasters
Appropriate insurance coverage for oil and gas is more important than ever as wildfires and other natural disasters across the country become more frequent and intense.
-
Agility
July 09, 2025
The AI gap: Why desire and readiness remain far apart for local governments
Embracing AI capabilities through Microsoft Copilot offers local governments the ability to leverage existing tools and boost operational efficiency.
-
Agility
July 04, 2025
Modernizing the core How energy and utilities can move on from legacy finance and billing systems
Legacy platforms are expiring. Discover how energy and utilities organizations can choose the right finance, billing, and customer systems to reduce risk and unlock long-term value.
