Quebec Not in Danger of Recession
Quebec Finance Minister Raymond Bachand said the province doesn’t need a stimulus. The Canadian and Quebec economies are in strong enough condition that a stimulus is unnecessary.
The minister said provincial revenues have been increasing lately. This is a result of new jobs.
Quebec’s GDP increased by nearly one percent in the first quarter of 2011. He credits the last stimulus from the Federal government for helping Quebec recover quickly.
While growth is slower than expected, both Bachand and Federal Finance Minister Jim Flaherty, don’t think a recession will happen.
Staff Login | Advertise | Our Location | RSS | Contact Us
All content copyright 2010-2020 CJLO / Concordia University Radio
Designed + developed courtesy of a grant funded by Radiometres