Quebec Economic Update: Modest Financial Relief to Households, Lower Deficit

Quebec Economic Update: Modest Financial Relief to Households, Lower Deficit
Quebec Finance Minister Eric Girard responds to the opposition during question period at the legislature in Quebec City, on Oct. 1, 2025. The Canadian Press/Jacques Boissinot
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Quebec’s finance minister is looking to give taxpayers a little breathing room in an economic update that includes a reduction to the contribution rate for social security programs.

Eric Girard’s update also includes modest decreases to payroll deductions for the provincial pension plan and parental insurance.