Wednesday, November 5, 2008

Quebec Prepared To Resist Recession, Minister Says

From The Montreal Gazette:

Quebec is well positioned to resist a recession, the budget will be balanced and the province will experience mild growth in 2008 and 2009, Finance Minister Monique Jérôme-Forget said yesterday.

"Quebec is in a very good position to go through the recession that is being experienced south of the border," the minister said, delivering her financial update on the eve of today's expected election call.

In her budget last March, Jérôme-Forget projected 1.5-per-cent growth in Quebec this year and two per cent in 2009.

Read more ....

No comments: