2022 Quebec Budget Highlights


  • No increase in personal tax rates.
  • A new one-time refundable tax credit of $500 will be introduced for individuals 18 and over with net income below $100,000 in 2021, with a gradual reduction for individuals with net income between $100,000 and $105,000.
  • Removal of the deadline applicable to the 25% additional tax credit for major cultural gifts.
  • The eligibility period to obtain a refundable tax credit for residential septic system upgrades will be extended for service agreements entered into until March 31, 2027.


  • No increase to corporate tax rates.
  • Extension of the eligibility period for businesses to double their tax credit claim relating to investment and innovation expenses incurred until December 31, 2023.
  • Extension and adjustments to various credits in the oil and biofuel industries.  



  • Quebec will be spending $1 million annually to combat economic crime involving crypto assets which will include conducting complex investigations of cryptocurrency activities.



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