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