Faced with the labor shortage, the Parti Québécois (PQ) is in turn proposing a series of incentives to encourage people aged 60 and over to remain in the labor market.
The political party wants to increase the employment rate among Quebecers aged 60 to 69, which is lagging behind other countries. The PQ wants to bring back 150,000 experienced workers by 2030, or reach a participation rate of about 50% of this age group.
To achieve this, the PQ pledged Wednesday morning to offer a tax reduction of 15% on the last $35,000 declared in income, without penalty on annuities and pensions, up to a maximum annual income of $80,000. .
“The first 15,000 dollars are not taxed and for the next 35,000, you are taxed much less. So the first 50,000 dollars are awfully attractive, ”explained PQ leader Paul St-Pierre Plamondon, in Carleton-sur-Mer, accompanied by his candidate in Bonaventure, Alexis Deschênes.
The sovereignist formation also makes a commitment similar to that of its liberal opponents. If brought to power, the PQ would allow the cessation of contributions to the Quebec Pension Plan (QPP) for those 65 and over who continue to work. This measure would have no effect on their pensions since their employer would be required to contribute, assures the political party.
The government would disburse around $200 million or $300 million to cover this incentive.
The Liberal Party of Quebec promises, for its part, a cessation of contributions from the age of 62 for workers.
Without concretely explaining why the minimum age differs from that of the Liberals, Mr. St-Pierre Plamondon replies that the PQ program stands out more for its tax rebate.
A measure that would be at zero cost to the state, says the PQ leader. The government would be deprived of about $2 billion in revenue, but, conversely, could recover about $2.6 billion thanks in particular to the projected increase in business productivity, the party estimates.
“I say that with caution because there are so many variables. It’s really based on the popularity of the measure, but in principle, according to the studies we’ve consulted, it’s minimally at zero cost, probably with some gain for the state in additional revenue that exceeds the rebate tax,” said Mr. St-Pierre Plamondon.
This dispatch was produced with the financial assistance of the Meta Exchanges and The Canadian Press for the news.