March 21, 2019 / 8:25 PM / 8 months ago

Canada's Quebec sees balanced budgets for next five fiscal years

QUEBEC CITY, Quebec, March 21 (Reuters) - The Canadian province of Quebec on Thursday said it would balance the books in 2019/20 and the following four fiscal years despite slowing growth.

Quebec’s first-term Coalition Avenir Quebec (CAQ) government also raised 2019/20 program spending after announcing a budget surplus of C$2.5 billion for 2018/19. The surplus was the fourth in succession that the province has reported. (Reporting by Allison Lampert Writing by David Ljunggren Editing by Chris Reese)

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