Legault denies being the “king” of deficits

Accused of being the king deficits, Prime Minister François Legault accused his adversaries of having made them bigger than his government.

Mr. Legault said the $11 billion deficit announced Tuesday is equivalent to 1.5% of gross domestic product (GDP).

According to him, it is less important than others declared by previous governments.

Five budgets recorded a deficit exceeding 1.5% of GDP, which is not the case for that of Finance Minister Eric Girard, according to the Prime Minister.

“What is important to remember is that the Liberal governments, first, in 1992-1993, ran a deficit of 3.1% of GDP, then in 1994-1995, 3.3% of GDP. So, it’s double, it’s double the deficit that we currently have, of 1.5%,” he declared in the House.

In the morning, the interim Liberal leader, Marc Tanguay, accused Mr. Legault of being the king deficits.

“The “kings” of the debt are François Legault, then the CAQ,” he said at a press briefing.

The opposition thus referred to a controversial subsidy granted for Los Angeles Kings matches in Quebec.

More details will follow.

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