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Canada Coronavirus: Quebec presents its economic update

18:27  19 june  2020
18:27  19 june  2020 Source:   globalnews.ca

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a man wearing a suit and tie: Quebec Finance Minister Eric Girard responds to reporters at a news conference on the COVID-19 pandemic, Friday, April 3, 2020 at the legislature in Quebec City. THE CANADIAN PRESS/Jacques Boissinot © THE CANADIAN PRESS/Jacques Boissinot Quebec Finance Minister Eric Girard responds to reporters at a news conference on the COVID-19 pandemic, Friday, April 3, 2020 at the legislature in Quebec City. THE CANADIAN PRESS/Jacques Boissinot

Quebec Finance Minister Eric Girard will present the province's economic update Friday morning.

On Thursday, the official Opposition said it wants to see more help for small and medium-sized businesses.

Initially, Girard predicted a two per cent growth rate for this year when he tabled his budget last March.

The Liberal Party, however, says that given the coronavirus pandemic, there's a budget deficit between $12 billion and $15 billion.

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The Liberals have criticized the government, saying it hasn't done enough to support local businesses, and members hope to see more funds to help merchants.

"We're saying right now that we need to have a plan to save all the small and medium-sized companies," said Liberal Leader Dominique Anglade on Thursday.

"They cannot just tell us that everything that they've done has worked so far. We see that companies are going bankrupt every day. Every day, there are companies that are saying: 'We cannot go through this phase.'"

— With files from Global News' Raquel Fletcher

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