Bloomberg News

Quebec Says 2010-11 Fiscal Year Deficit Was C$3.15 Billion

October 25, 2011

Oct. 25 (Bloomberg) -- Quebec said it posted a smaller than-forecast deficit in the 2010-11 fiscal year.

Canada’s second-most populous province recorded a C$3.15 billion ($3.1 billion) shortfall in the year that ended March 31, the provincial government said in an e-mailed statement today. That compares with an estimated C$4.2 billion deficit that was published on March 17.

To contact the reporter on this story: Frederic Tomesco in Montreal at tomesco@bloomberg.net

To contact the editor responsible for this story: Frederic Tomesco at tomesco@bloomberg.net


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