quebec government

10:30AM
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Quebec, don’t fall prey to fiscal illusion

In 2018, the province's net debt represented 43 per cent of the economy.


2:00AM
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For decades, Quebec and its governments have been petulant and demanding. The tendency has been there since at least the first avowedly separatist Parti Quebecois government, elected in 1976. That habit continued regardless of the party in power, and of course, depending on the party, there was always the threat to separate.


3:00AM
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There is nothing like an election to bring out the optimistic side in people—and some mythmaking. In Quebec, recent attention focused on Premier Pauline Marois and her musings that if her party wins the provincial election, and if separation one day occurs, that Quebec would keep the Canadian dollar, seek a seat on the Bank of Canada, and that Quebecois might have dual citizenship.

2:00AM
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Imagine you’re a German asked to pay for the lifestyle of a Greek through ever-more transfers to the European Union or through bailouts for Greek debt. Imagine you, as a German, know the average age for a German retiree is 62 while the average Greek is in his retirement villa at age 60. That knowledge explains why northern Europeans may not wish to indulge Greek lifestyles much longer.