Wednesday, November 5, 2008

No Deficit, Promises Quebec Finance Minister

From The CBC:

Quebec's finance minister has released a pre-election economic update she said will allow the Liberals to govern the province over the next few years without posting a deficit.

Monique Jérôme-Forget's update opens the door for Premier Jean Charest to call a snap election this week and launch a campaign expected to focus on who is best positioned to guide the province through the current economic crisis.

The Quebec government has a $2.3 billion reserve that will guarantee balanced budgets in 2008-2009, and 2009-2010, Jérôme-Forget said.

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