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Quebec debt underestimated by $12B, auditor general says

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globalnews.ca

[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]Leclerc says the situation is akin to someone receiving a credit card bill and saying the minimum payment is all they owe.Quebec’s Finance Department estimates the province’s gross debt will be $220.8 billion by March 31, or 50.5 per cent of GDP.Leclerc also told the committee her office may investigate the no-bid contracts that were awarded by the government during the pandemic..

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