Canada's Quebec to balance books, slash debt, protect head offices

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Canada's Quebec to balance books, slash debt, protect head offices
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Quebec's government said on Thursday it would balance its books in 2019-20 ...

QUEBEC CITY, Quebec - Quebec’s government said on Thursday it would balance its books in 2019-20 while cutting debt and announced a plan to invest C$1 billion to help keep corporate head offices in the predominantly French-speaking Canadian province.

Quebec Finance Minister Eric Girard used his first budget to support the provincial economy ahead of weaker growth expected in coming years. He announced higher spending on social programs and incentives to increase participation in the labor force by retaining older workers. Trudeau denies allegations that senior officials last year pressured his then-justice minister to allow the company to avoid a corruption trial by paying a big fine instead.

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