Quebec Government Boosts Local Economy with $1.5 Billion Injection
Premier Christine Fréchette revealed on Tuesday that the Quebec government’s recent “buy local” initiatives are set to infuse an extra $1.5 billion into the province’s economy within four months. This significant economic boost was announced during a press conference following a special Cabinet session.
Fréchette, momentarily pausing her election campaign duties, emphasized the importance of supporting local businesses amid the escalating trade tensions with the United States. The government’s latest decree mandates that public contracts prioritize companies operating within Quebec and Canada, aiming to bolster domestic production and processing.
In addition to promoting local goods, these policies also offer a 15% preference margin for products with a substantial value added in Quebec or Canada. By implementing these strategies, the Quebec economy stands to gain a substantial $1.5 billion in new investments.
Keyphrase: Quebec economy boost
