quebecQC-695First Reading

QC-695: Bill 695: Parliamentary Budget Officer Act

Sponsor: Monsef DerrajiIntroduced March 14, 2024Last checked August 30, 2026

What this bill does

This Quebec bill creates a Parliamentary Budget Officer appointed by the National Assembly to independently analyze the province's public finances, budget estimates, and economic trends, and to conduct pre-election financial audits previously handled by the Auditor General.

Plain-language summary by Legisail.

Business impact

This bill primarily affects government institutions and the political process rather than private businesses directly. However, businesses that deal with government procurement, public finance, or economic forecasting may find greater transparency in Quebec's fiscal planning useful for their planning purposes. Companies operating in Quebec in any sector could benefit indirectly from improved government financial accountability and more rigorous pre-election budget assessments, which may lead to more stable and predictable fiscal policy. There is no direct regulatory or compliance burden placed on private businesses.

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Where this bill is

First ReadingMarch 14, 2024

Next: Second Reading debate

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At a glance

Bill number: QC-695
Type: Private Member's