Quebec's economic situation worrisome: employers' group
Quebec's largest employers group, the Conseil du Patronat, has released it's report card on Quebec prosperity, and once again, they're expressing concerns about the province's economic situation.
The report card gives the province an overall mark of C — a slightly lower mark than last year.
Quebec's figures, the group says, are shockingly lower than those of Alberta, British Columbia and Ontario. It notes gross domestic product is 25 percent lower in Quebec than it is in those three provinces. Salaries, meanwhile, are 16 percent lower, the province's debt is 30 percent higher.
We're also lagging behind in terms of private investment, employment, and productivity.
The Conseil's president, Yves-Thomas Dorval, says that's because Quebec is blind to what he calls the 'real issues' facing the province.
"There's an urgency to act collectively so that Quebecers can aspire to a better long-term future," Dorval says. "The most important issues we have dealt with in the public domain were the red squares two years ago, and it's now the debate about reasonable accomodation and values.
"We are talking about important issues, of course, but maybe not as important as how we can create more economic growth in Quebec."
Dorval also says that Montreal makes up for more than half of Quebec's economy, and that our next mayor most have strong leadership skills to change things.