Girard revises Quebec's economic forecast downward for second time in two months
Montreal Gazette12.20.2023
Photo: Montreal Gazette
Résumé
Quebec's Finance Minister, Eric Girard, has revised the province's economic forecast downward for the second time in two months. The economy is expected to contract by 5.8% in 2021, and public finances are estimated to face a deficit of nearly $13 billion. The revision is due to the uncertainties surrounding COVID-19 and its impact on various economic sectors.