Quebec maintains balanced budget plan for 2015-16

Tue Dec 2, 2014 4:40pm EST
 
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OTTAWA Dec 2 (Reuters) - The Canadian province of Quebec on Tuesday reaffirmed its plan to return to a balanced budget in 2015-16, as had been forecast in its budget earlier in the year.

In its update on the province's economic and financial situation, Quebec Minister of Finance Carlos Leitao also forecast a deficit of C$2.35 billion ($2.06 billion) for 2014-15, unchanged from June's budget.

(1 US dollar = 1.1401 Canadian dollar) (Reporting by Leah Schnurr and Randall Palmer; Editing by Diane Craft)