Québec Budget 2023

March 23, 2023

The Minister of Finance, Mr. Eric Girard, tabled his 2023-2024 budget plan on March 21, 2023, which aims to stimulate the labour supply and reduce the tax burden of Quebecers, in particular by decreasing the two bottom tax rates for personal tax.

Other initiatives are planned to increase the economy’s productivity, contribute to the prosperity of the regions and address the labour shortage. Changes are also being made to the Québec Pension Plan to adapt it to the new realities of workers and retired people.

This year’s budget highlights include:

  • Measures pertaining to individuals
  • Measures pertaining to businesses
  • Measures pertaining to commodity taxes
  • Other measures

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