A government of Quebec solidaire (QS) would jeopardize the economy of Quebec, according to the chief caquiste, François Legault.
The drastic increase in Quebec’s debt and the rising tax burden on Quebecers under a QS government would shake investor confidence, he said.
“I think it jeopardizes the economy of Quebec,” predicted Mr. Legault in a press scrum Sunday in Lotbinière.
Quebec’s debt, which is $190 billion, would increase by $74 billion due to QS’s additional infrastructure commitments by 2030, he illustrated. Consequence: interest rates would increase and it would be necessary to dip even more into the pockets of taxpayers, suggested the chief caquiste.
“It’s a snowball effect, it doesn’t hold up,” continued Mr. Legault.
For several days, the leader of the CAQ and outgoing Prime Minister has been vigorously attacking what he describes as the “orange tax” of QS, thus referring to the emblematic color of the party.
QS wants to raise taxes for taxpayers earning more than $100,000 a year and also add a tax for people with net assets over $1 million to tax vehicles it considers more polluting.
“When we see that in the world there is a lot of economic uncertainty, it’s not the time to get on board with someone who thinks that money grows on trees,” concluded Mr. Legault. .
To see in video