To the surprise of no one, the cost of living has had a major impact on people's spending habits. For many Canadians, prioritizing savings or seeking financial aid has become essential. The Quebec government offers a range of financial aid programs for low-income residents including a solidarity tax credit, social assistance, and the basic income program, to name a few. Additionally, residents have the option of applying to the provincial Shelter Allowance Program, designed to assist those struggling to cover their rent.
To the surprise of no one, the cost of living has had a major impact on people's spending habits. For many Canadians, prioritizing savings or seeking financial aid has become essential. In Quebec, residents have the option of applying to the provincial Shelter Allowance Program, designed to assist those struggling to cover their rent.
In November 2021, the Quebec government announced an investment of $10.7 billion over the next five years to provide financial aid to students across the province through the Quebec Perspective Scholarship program. Students in specific fields of study could now be eligible for anywhere from $9,000 to $20,000 all as a way to combat the lack of personnel in various Quebec industries.