Quebec Inc. Flashcards
0
Q
Pré-Quebec model
A
- Church and family
- Anglophone business class
- Weak French class
1
Q
Characteristic of the Québec model
A
- Active gvnmt intervention
- Universal public services (health, edu)
- Taxation ad redistribution
- Solidarity: COOPs
2
Q
Quebec 1.0.
A
- 1960-1980
- Authoritarian gvnmt
- Huge emphasis on public sector
- Parizeau: technocratic planning
- Quest for sufficiency (hydro (power), caisse de depot (finance), professional labour force (HEC, ÉTS, Poly)
- Universal health and education
- Increased francophone power in business
- Gvnmt spending increase
3
Q
Quebec 2.0.
A
- 1980-2000
- State becomes a facilitator
- Shift from public to private sector
- Export orientation (NAFTA 1988)
- Emphasis on R&D and labour force development
- SME encouragement (tax break)
- Deregulation and privatization
4
Q
Challenges to the Quebec 2.0. model
A
- gambling Quebec outcome on the markets
- weakening of finance:(cut unemployment benefits? Cut health care ?)
- aging population
5
Q
Quebec today
A
- terciary sector >75% economy
- standard of living = #7 in canada
- labour productivity: OECD far outpaces canada and Quebec
- appreciation of $ makes Quebec less competitive
- very negative balance of trade
- public spending = public revenue
- Quebec debt at 175G$
- with excellent unis, Q is still behind ROC for people with diplomas
- growing and aging population (8m)
- taxes much higher than ROC
6
Q
What is standard of living
A
Labour prod x Work intensity x unemployment rate
7
Q
How can you raise labour productivity ?
A
- technology
- education
- management practices
8
Q
Challenges for Quebec today
A
- dying pop
- competitiveness from Asia
- debt
- young pop fleeing for lower tax rates
- tax prob: can’t tax companies –they will leave; top earners already taxed too much
- hydro rates increasing
- student tuition increasing
9
Q
Which ministries have been created from 1960 to 1970 ?
A
- culture
- education
- intergovernmental affairs
- immigration
- communication
10
Q
Date caisse de depot et de placement ?
A
1965
11
Q
Date Montreal metro ?
A
1966
12
Q
Date Montreal expo ?
A
1967
13
Q
OPEC energy shock date ?
A
1973
14
Q
Charter of French language date ? (Bill 101)
A
1977
