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Highlights of Quebec Finance Minister Nicolas Marceau's 2014-15 budget

Quebec's Minister of Finance Nicolas Marceau speaks with Premier Pauline Marois, right, prior presenting his provincial budget at the National Assembly in Quebec City, February 20, 2014. THE CANADIAN PRESS/POOL/Mathieu Belanger

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Quebec's Minister of Finance Nicolas Marceau speaks with Premier Pauline Marois, right, prior presenting his provincial budget at the National Assembly in Quebec City, February 20, 2014. THE CANADIAN PRESS/POOL/Mathieu Belanger

QUEBEC - Highlights of Quebec's 2014-15 budget, which was tabled in the national assembly on Thursday:

Deficit: $1.75 billion on revenue of $71.6 billion; projected balanced budget in 2015-16.

Gross debt: Projected at $205.6 billion as of March 31, 2015, or 54.4 per cent of gross domestic product.

Government spending: Growth of two per cent in each of 2014-15, 2015-16 and 2016-17.

Daycare: Increases to $8 a day, in September 2014, from $7; climbs to $9 in September 2015 and will be indexed in subsequent years.

Housing: $270 million for 3,250 new social units, including 500 for the homeless.

Non-resident students: Tuition fees and exemptions for students from outside Quebec will be reviewed.

Firefighters: In the wake of the Lac-Megantic and L'Isle-Verte tragedies, $4 million to provide training for part-time volunteer firefighters.

Income tax: No new hikes.

Physicians and government employees: Government promises ''responsible'' negotiations when their contracts expire March 31, 2015; says salaries must take into account what taxpayers can afford.

Quote: ''I think today's budget is one that Quebec needs.'' — Finance Minister Nicolas Marceau.

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