PQ announces $2-billion jobs plan

The Parti Québécois government is vying to reboot the province’s economy with a new $2-billion plan that it says will create more than 40,000 jobs by 2017.

The money injected into the province will fund employment and development in a number of targeted areas:

  • $566-million for the renovation of infrastructure, including community centres, arenas and schools
  • $516-million for the development of an electric transit industry in Quebec that will build electric cars, electric railways, and related infrastructure.

The new plan also includes more than $700-million in tax credits as well as discounted hydro rates for companies which invest to create new jobs.

Reflection: Even though there are many people opposing this plan, but I think this plan is very efficient and effective for the recession in a short term. As a result of this plan, unemployment rate will drop significantly since the government encourages people to get jobs. There also appears a chance that the economy may stay out of the recession, and is charged with full energy.

source: http://www.cbc.ca/news/canada/montreal/pq-announces-2-billion-jobs-plan-1.1928834

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