Quebec's Leitao: We Have Turned the Budget Around

Quebec's Leitao: We Have Turned the Budget Around

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the measures taken to achieve a budget surplus in Quebec, emphasizing the importance of structural reforms in public spending. It highlights Quebec's economic position within the Canadian Federation, comparing it to Sweden, and explains the flexibility and decentralization of the Canadian Federation. The role of provincial governments in providing services like healthcare and education is contrasted with the federal government's role in fiscal stimulus. The video concludes with a discussion on the sustainability of deficits and the federal debt-to-GDP ratio.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can Quebec prosper within the Canadian setting despite the federal deficit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the federal government's deficit position on the provinces?

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