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Quebec Finance Minister Carlos Leitao to present budget on June 4

QUEBEC - Quebec Finance Minister Carlos Leitao will present his first ever provincial budget on June 4.

Leitao's office confirmed the date in a news release today.

The rookie finance minister says the transitional budget will serve to redress public finances while reviving the economy.

Premier Philippe Couillard has warned since taking power that the time has come for hard economic decisions.

The Liberals have aimed to meet the previous Parti Quebecois government's objective of a $1.75-billion deficit in 2014-15 and a balanced budget the following year.

The Liberals were elected with a strong majority on April 7, winning 70 of the 125 seats in the legislature.

The Canadian Press

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