A fund created by the Quebec government to reduce public debt
The Generations Fund is a fund created by the government of Quebec to reduce public debt and, in so doing, mitigate the intergenerational transfer of the debt burden.[1][2] Enacted in 2006, the Act to reduce the debt and establish the Generations Fund targets a debt-to-GDP ratio of no more than 45% by fiscal year 2025-26.[3][4]
^Godbout, Luc (21 September 2020). "A Quebec Model for a Fiscal Anchor" (PDF). C.D. Howe Institute.
^Quebec Ministry of Finance (1 November 2021). "Act to reduce the debt and establish the Generations Fund" (PDF). Retrieved 17 March 2022.
^Godbout, Luc (2019). "Policy Forum: Quebec's Debt — Taming the Beast". Canadian Tax Journal/Revue fiscal Canadienne. 67 (4): 1039–50.
^Cite error: The named reference mdf was invoked but never defined (see the help page).
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