Image of government building

2021 Quebec Economic and Financial Update

November 25, 2021

2021 Quebec Economic and Financial Update

2 Minute Read

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.


  • Agility

    November 25, 2022

    Preparing to go public? Here’s everything you should know

    Going public is a significant moment for private companies. To successfully go public, preparation must meet opportunity.

  • Performance

    November 25, 2022

    Managing your farm in an era of rising interest rates

    Rising interest rates present new challenges to farmers, but using the right strategies allows you to stay in control and navigate this period of change.

  • Agility

    November 24, 2022

    Why do you need a Forward Contract for your business?

    In a volatile global market, your manufacturing business can hedge against exchange rate fluctuations and improve bottom line.