The economy will not grow 2%, said Minister Leitao

ministre-finances-quebec-carlos-leitaoThe Minister of Finance, Carlos Leitao, was more adamant than ever: the Quebec economy will not grow by 2%, as expected at the March budget. The turn rate rather around 1.5%.

The Minister Leitao had already admitted in June that the growth of the Quebec economy is unlikely to reach the 2% forecast. But Thursday in Montreal, in a speech to the Institute for Public-Private Partnership, it was even more categorical, suggesting growth will be around 1.5%, perhaps a little more, for the year Financial underway.

When asked about this after his speech, the minister refused to elaborate, referring journalists at the economic update he has to do in November.

Moreover, public sector union members have once again disrupted the speech of Minister Couillard government. One could hear cries like “Couillard Stop” and “us, nothing was stolen.” Some of them have managed to penetrate incognito in the room and are raised to interrupt the Minister when he spoke. They tried to educate participants in the forum to their cause, before being escorted outside.

Another group of protesters remained outside the room, making himself heard loudly with whistles and trumpets, as striking on the occasion on the doors.

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