The Canadian Press - ONLINE EDITION

Quebec gov't livid over budget it describes as 'economic sabotage' exercise

  • Print

QUEBEC - Quebec's sovereigntist government expressed fury Thursday over a budget it called a "frontal attack" on the province's economic interests.

The provincial finance minister rattled off a list of grievances, including changes to the skills-training program which he said he hoped to see quashed.

"This is an economic sabotage exercise," Finance Minister Nicolas Marceau said in Quebec City.

"It's worse than being abandoned. If they'd simply left us alone, we'd have been happy enough, but they didn't even do that. They're not leaving us alone — they're attacking us."

He said the skills-training program was already working well in Quebec and was aligned with non-government partners, and he described the federal initiative as useless replication.

But that was just the tip of the iceberg.

He decried the notion that Quebec's struggling forestry sector would get one-10th of the sum available for Ontario's manufacturing sector in an economic-development fund.

What really got Marceau exercised, however, was the elimination of the tax credit for union venture-capital funds — which in Quebec are an extremely popular investment vehicle.

He said 88 per cent of the $355 million in the federal clawback under that change would come from Quebec investors.

Marceau said the Tories got their majority win without Quebec in 2011 and appeared set to govern to please their base outside the province.

"I'm very, very disappointed," he said of the tax-credit change. "I'm furious."

He said those funds help unions and businesses work together on new projects but, he suggested, perhaps the Harper government had some ideological aversion to that very principle.

He also expressed disbelief that the government was trying to revive a national securities regulator after its approach was rejected by the Supreme Court.

The Parti Quebecois government was elected last fall with a minority government, with a promise in its platform to make the case that being part of Canada was hurting the province's interests.

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Steeves wants to divert BRT cash to rec centres

View more like this

Photo Store Gallery

  • MIKE APORIUS/WINNIPEG FREE PRESS BUSINESS - cow on farm owned by cattle farmer Lloyd Buchanan near Argyle Wednesday afternoon -see Larry Kusch's story  January 04/2006
  • A baby Red Panda in her area at the Zoo. International Red Panda Day is Saturday September 15th and the Assiniboine Park Zoo will be celebrating in a big way! The Zoo is home to three red pandas - Rufus, Rouge and their cub who was born on June 30 of this year. The female cub has yet to be named and the Assiniboine Park Zoo is asking the community to help. September 14, 2012  BORIS MINKEVICH / WINNIPEG FREE PRESS

View More Gallery Photos

Poll

Do you think food-security issues are an important topic to address during this mayoral campaign?

View Results

View Related Story

Ads by Google