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Girard revises Quebec's economic forecast downward for second time in two months
Montreal Gazette
12/20/2023
TL;DR
Quebec's Finance Minister, Eric Girard, has revised the province's economic forecast downward for the second time in two months. The economy is expected to contract by 5.8% in 2021, and public finances are estimated to face a deficit of nearly $13 billion. The revision is due to the uncertainties surrounding COVID-19 and its impact on various economic sectors.
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