On March 21, 2023, Finance Minister Éric Girard tabled his budget plan for 2023-2024 for “Un Québec engagé”.
In particular, the budget aims to stimulate supply and reduce the tax burden on Quebecers, especially by lowering the first two personal income tax rates. Significant changes have also been made to the Quebec Pension Plan to adapt it to the realities of workers and retirees.
Other economic measures and initiatives are also planned to create wealth and increase Quebec’s economic potential, contribute to regional prosperity, and address labor shortages.
View the 2023-2024 budget summary
We also invite you to consult the Ordre des CPA’s summary of the 2023-2024 Quebec budget. It outlines the budget and the measures affecting individuals, businesses and consumption taxes.
The government also provides you with a summary in the document Budget en bref published by the Ministry of Finance.
Enjoy your reading!
