--- title: "Meaning & Key Takeaway of: Quebec's financial situation is serious…" description: "\"Quebec's financial situation is serious. In terms of intensity, we're close to matching 1982 and 1997. We won't do the same things this time, but the p..." image: "https://sms4smile.com/quotes/i/b3c/philippe-couillard-30880_faces_quebec-s-financial-situation-is-serious_1733565.jpg" --- # Quebec's financial situation is serious. In terms of… ![“Quebec's financial situation is serious. In terms of intensity, we're close to matching 1982 and 1997. We won't do the same things this time, but the problems we face today are about as pressing.” quote by Philippe Couillard](https://sms4smile.com/quotes/i/b3c/philippe-couillard-30880_faces_quebec-s-financial-situation-is-serious_1733565.jpg) [Download](https://sms4smile.com/quotes/i/b3c/philippe-couillard-30880_faces_quebec-s-financial-situation-is-serious_1733565.jpg) [Open image](https://sms4smile.com/quotes/i/b3c/philippe-couillard-30880_faces_quebec-s-financial-situation-is-serious_1733565.jpg) > “Quebec's financial situation is serious. In terms of intensity, we're close to matching 1982 and 1997. We won't do the same things this time, but the problems we face today are about as pressing.” [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Quebec faces a severe fiscal crisis comparable in intensity to the early‑1990s, demanding new solutions rather than past approaches. **In simple terms:** Quebec's money problems are huge and urgent. Key Takeaway Seek fresh policies, not repeat past mistakes. Themes economics public policy crisis management regional governance Mood concerned urgent Type analytical policy-oriented When to use this quote - government budget planning - public sector budgeting - policy reform discussions Key Concepts budget deficits tax reform public spending economic downturn Questions to Reflect On - What new measures can address the deficit? - How can past lessons inform present decisions? A Different Perspective Past strategies may not work in current context. ★ ★ ★ ★ ★ No ratings yet [Faces](https://sms4smile.com/quotes/about/faces/) [Intensity](https://sms4smile.com/quotes/about/intensity/) [Problem](https://sms4smile.com/quotes/about/problem/) [Quebec](https://sms4smile.com/quotes/about/quebec/) [Today](https://sms4smile.com/quotes/about/today/) ## Related quotes > [We have to redesign the finances of the Quebec state to preserve what counts: education, health and families.](https://sms4smile.com/quotes/philippe-couillard/we-have-to-redesign-the-finances-of-the-quebec-state-to-preserve-what/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I often repeat three numbers: 20-23-26. Quebec generates only 20 per cent of Canada's wealth; it represents 23 per cent of the population, but…](https://sms4smile.com/quotes/philippe-couillard/i-often-repeat-three-numbers-20-23-26-quebec-generates-only-20-per/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I always remind Quebecers: hey, wait a minute - federalism works. If you look at the fiscal arrangements, the economic arrangements, the way the…](https://sms4smile.com/quotes/philippe-couillard/i-always-remind-quebecers-hey-wait-a-minute-federalism-works-if-you/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Quebec's distinct character makes Canada an even better country, and vice versa: being in Canada makes Quebec a better place too.](https://sms4smile.com/quotes/philippe-couillard/quebec-s-distinct-character-makes-canada-an-even-better-country-and/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [ I belong to a generation that had so many choices available. In 1970, when \[former premier Robert\] Bourassa launched the James Bay development project,… ](https://sms4smile.com/quotes/philippe-couillard/i-belong-to-a-generation-that-had-so-many-choices-available-in-1970/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Something I don't want to do, ever, is to put Quebec in a position of weakness.](https://sms4smile.com/quotes/philippe-couillard/something-i-don-t-want-to-do-ever-is-to-put-quebec-in-a-position-of/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [In Quebec, our goal isn't to reduce daycare service - a program the entire world envies - but to make it viable so tomorrow's…](https://sms4smile.com/quotes/philippe-couillard/in-quebec-our-goal-isn-t-to-reduce-daycare-service-a-program-the/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I'm as proud and assertive in my Quebec identity as any Quebecer. I believe it's to Quebec's advantage to be part of the Canadian…](https://sms4smile.com/quotes/philippe-couillard/i-m-as-proud-and-assertive-in-my-quebec-identity-as-any-quebecer-i/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [In Quebec, we can no longer increase taxes if we want to stay competitive.](https://sms4smile.com/quotes/philippe-couillard/in-quebec-we-can-no-longer-increase-taxes-if-we-want-to-stay/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Everyone who is in a financial situation argues with his or her spouse. Many people argue with their children. Or they lose the respect…](https://sms4smile.com/quotes/neal-gabler/everyone-who-is-in-a-financial-situation-argues-with-his-or-her/) [Neal Gabler](https://sms4smile.com/quotes/author/neal-gabler/) > [I really don't like to talk about my financial situation live on stream.](https://sms4smile.com/quotes/dr-disrespect/i-really-don-t-like-to-talk-about-my-financial-situation-live-on/) Dr. Disrespect > [I was on subsidized housing for many years before my financial situation changed. I quickly found myself in a new economic structure and, frankly,…](https://sms4smile.com/quotes/big-freedia/i-was-on-subsidized-housing-for-many-years-before-my-financial/) [Big Freedia](https://sms4smile.com/quotes/author/big-freedia/) > [Here's my gift-giving rule: Respect your current financial situation.](https://sms4smile.com/quotes/suze-orman/here-s-my-gift-giving-rule-respect-your-current-financial-situation/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Well, Marx is having a comeback. I hear him mentioned a lot in terms of the global financial situation and the general sense of…](https://sms4smile.com/quotes/david-byrne/well-marx-is-having-a-comeback-i-hear-him-mentioned-a-lot-in-terms-of/) [David Byrne](https://sms4smile.com/quotes/author/david-byrne/) > [Everybody has their job, their speciality and talents - I can play basketball but I need somebody to help me out with my financial…](https://sms4smile.com/quotes/danilo-gallinari/everybody-has-their-job-their-speciality-and-talents-i-can-play/) [Danilo Gallinari](https://sms4smile.com/quotes/author/danilo-gallinari/) ## More by Philippe Couillard > [In Quebec, we can no longer increase taxes if we want to stay competitive.](https://sms4smile.com/quotes/philippe-couillard/in-quebec-we-can-no-longer-increase-taxes-if-we-want-to-stay/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I'm as proud and assertive in my Quebec identity as any Quebecer. I believe it's to Quebec's advantage to be part of the Canadian…](https://sms4smile.com/quotes/philippe-couillard/i-m-as-proud-and-assertive-in-my-quebec-identity-as-any-quebecer-i/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [In Quebec, our goal isn't to reduce daycare service - a program the entire world envies - but to make it viable so tomorrow's…](https://sms4smile.com/quotes/philippe-couillard/in-quebec-our-goal-isn-t-to-reduce-daycare-service-a-program-the/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Something I don't want to do, ever, is to put Quebec in a position of weakness.](https://sms4smile.com/quotes/philippe-couillard/something-i-don-t-want-to-do-ever-is-to-put-quebec-in-a-position-of/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I think this is a line in the sand for many Quebecers and Canadians: That if you're going to give services or receive services,…](https://sms4smile.com/quotes/philippe-couillard/i-think-this-is-a-line-in-the-sand-for-many-quebecers-and-canadians/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Quebecers are happy in Canada. We are benefiting economically and fiscally from belonging to Canada. We're proud of being Canadian. It's a great country.…](https://sms4smile.com/quotes/philippe-couillard/quebecers-are-happy-in-canada-we-are-benefiting-economically-and/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [ I belong to a generation that had so many choices available. In 1970, when \[former premier Robert\] Bourassa launched the James Bay development project,… ](https://sms4smile.com/quotes/philippe-couillard/i-belong-to-a-generation-that-had-so-many-choices-available-in-1970/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Hey, the bait is here. Get in Quebecers, get in the lobster trap, and then we’ll close the door. And you’ll have a referendum…](https://sms4smile.com/quotes/philippe-couillard/hey-the-bait-is-here-get-in-quebecers-get-in-the-lobster-trap-and/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Quebec's distinct character makes Canada an even better country, and vice versa: being in Canada makes Quebec a better place too.](https://sms4smile.com/quotes/philippe-couillard/quebec-s-distinct-character-makes-canada-an-even-better-country-and/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I always remind Quebecers: hey, wait a minute - federalism works. If you look at the fiscal arrangements, the economic arrangements, the way the…](https://sms4smile.com/quotes/philippe-couillard/i-always-remind-quebecers-hey-wait-a-minute-federalism-works-if-you/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I often repeat three numbers: 20-23-26. Quebec generates only 20 per cent of Canada's wealth; it represents 23 per cent of the population, but…](https://sms4smile.com/quotes/philippe-couillard/i-often-repeat-three-numbers-20-23-26-quebec-generates-only-20-per/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [We have to redesign the finances of the Quebec state to preserve what counts: education, health and families.](https://sms4smile.com/quotes/philippe-couillard/we-have-to-redesign-the-finances-of-the-quebec-state-to-preserve-what/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [I've repeated it 100 times and I'm going to look you in the eye, tonight, Mr. Couillard: there will be no referendum as long…](https://sms4smile.com/quotes/philippe-couillard/i-ve-repeated-it-100-times-and-i-m-going-to-look-you-in-the-eye/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [Not only in Canada but in other countries where we have to rely on immigration for our growth, the question of coexistence of values…](https://sms4smile.com/quotes/philippe-couillard/not-only-in-canada-but-in-other-countries-where-we-have-to-rely-on/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) > [A big mistake in politics is to think that because an issue appears to have been settled, it doesn't exist anymore. You just sweep…](https://sms4smile.com/quotes/philippe-couillard/a-big-mistake-in-politics-is-to-think-that-because-an-issue-appears/) [Philippe Couillard](https://sms4smile.com/quotes/author/philippe-couillard/) [Explore all 17 Philippe Couillard quotes ](https://sms4smile.com/quotes/author/philippe-couillard/) ## More Faces quotes > [It can sometimes make people fold into themselves and kind of run away, but I think in this case these characters are being forced…](https://sms4smile.com/quotes/emily-deschanel/it-can-sometimes-make-people-fold-into-themselves-and-kind-of-run/) [Emily Deschanel](https://sms4smile.com/quotes/author/emily-deschanel/) > [Because the truth is that gossip is as good as gospel in this town. You can save face but you won't ever save your…](https://sms4smile.com/quotes/conor-oberst/because-the-truth-is-that-gossip-is-as-good-as-gospel-in-this-town/) [Conor Oberst](https://sms4smile.com/quotes/author/conor-oberst/) > [My friends, this body - perhaps more than any other gathering in human history - now faces that difficult task.](https://sms4smile.com/quotes/leonardo-dicaprio/my-friends-this-body-perhaps-more-than-any-other-gathering-in-human/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [His fingertips slid down from my face, lightly stroking the line of my neck, down toward my shoulder. Everywhere he touched, a trail of…](https://sms4smile.com/quotes/richelle-mead/his-fingertips-slid-down-from-my-face-lightly-stroking-the-line-of-my/) [Richelle Mead](https://sms4smile.com/quotes/author/richelle-mead/) > [I've seen every one, from Motley Crue to John Denver, with tears running down my face. I had no idea everyone had such a…](https://sms4smile.com/quotes/stevie-nicks/i-ve-seen-every-one-from-motley-crue-to-john-denver-with-tears/) [Stevie Nicks](https://sms4smile.com/quotes/author/stevie-nicks/) > [So," I said. "Seems you're going to be stuck with me for a while." He smiled. A real smile that lit up his whole…](https://sms4smile.com/quotes/kelley-armstrong/so-i-said-seems-you-re-going-to-be-stuck-with-me-for-a-while-he/) [Kelley Armstrong](https://sms4smile.com/quotes/author/kelley-armstrong/) > [We have a fear of facing ourselves. That is the obstacle. Experiencing the innermost core of our existence is very embarrassing to a lot…](https://sms4smile.com/quotes/chogyam-trungpa/we-have-a-fear-of-facing-ourselves-that-is-the-obstacle-experiencing/) [Chogyam Trungpa](https://sms4smile.com/quotes/author/chogyam-trungpa/) > [ I went to a mosque in Philadelphia with \[my wife\] in December 24, 1999. And we we went to this mosque in Philly, and… ](https://sms4smile.com/quotes/mahershala-ali/i-went-to-a-mosque-in-philadelphia-with-my-wife-in-december-24-1999/) [Mahershala Ali](https://sms4smile.com/quotes/author/mahershala-ali/) > [If I had a million dollars, I just wouldn't just completely set back. I'd have to get out there and show my face to…](https://sms4smile.com/quotes/muddy-waters/if-i-had-a-million-dollars-i-just-wouldn-t-just-completely-set-back-i/) [Muddy Waters](https://sms4smile.com/quotes/author/muddy-waters/) > [It is proposed that a form of free dialogue may well be one of the most effective ways of investigating the crisis which faces…](https://sms4smile.com/quotes/david-bohm/it-is-proposed-that-a-form-of-free-dialogue-may-well-be-one-of-the/) [David Bohm](https://sms4smile.com/quotes/author/david-bohm/) > [If enough money is involved and enough people believe that two plus two equals five the media will report the story with a straight…](https://sms4smile.com/quotes/susan-jacoby/if-enough-money-is-involved-and-enough-people-believe-that-two-plus/) [Susan Jacoby](https://sms4smile.com/quotes/author/susan-jacoby/) > [Here comes old Rosie she's looking mighty fine, here comes hot Nancy she's steppin' right on time. There go the street lights bringing on…](https://sms4smile.com/quotes/bob-seger/here-comes-old-rosie-she-s-looking-mighty-fine-here-comes-hot-nancy/) [Bob Seger](https://sms4smile.com/quotes/author/bob-seger/) > [A face is too slight a foundation for happiness.](https://sms4smile.com/quotes/mary-wortley-montagu/a-face-is-too-slight-a-foundation-for-happiness/) [Mary Wortley Montagu](https://sms4smile.com/quotes/author/mary-wortley-montagu/) > [ That's probably why my face was looking so crazy when I was crying \[in "Hardball"\] because it was some real. ](https://sms4smile.com/quotes/michael-b-jordan/that-s-probably-why-my-face-was-looking-so-crazy-when-i-was-crying-in/) [Michael B. Jordan](https://sms4smile.com/quotes/author/michael-b-jordan/) > [Are we fighting?" I asked Morelli. "No. Were discussing." "Are you sure?" "Am I yelling?" Morelli asked. "Is my face purple? Are the cords…](https://sms4smile.com/quotes/janet-evanovich/are-we-fighting-i-asked-morelli-no-were-discussing-are-you-sure-am-i/) [Janet Evanovich](https://sms4smile.com/quotes/author/janet-evanovich/) [Browse all 13,128 Faces quotes ](https://sms4smile.com/quotes/about/faces/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Quebec's financial situation is serious. In terms of intensity, we're close to matching 1982 and 1997. 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