Quebec Election 2012: The Significance of a CAQ Win

by Keith Edmund White

Yes, the PQ is still leading polls.  But after a reader comment directed me to review the parties' economic platforms, two things became very clear:  (1) the conservative CAQ are definitely in contention and (2) a CAQ government in Quebec would mean big changes to the economic and spending policies coming out of Quebec City.

Quebec Party Platforms

After a reader comment on an earlier post regarding the PQ’s economic platform, I thought readers might appreciate having a few resources on policy positions of Quebec’s three leading political parties: the PQ, the Liberals, and the CAQ.

One can find these parties full platforms at CBC News. (Side-note: to get the PQ’s platform in English, check out this Google-Translate page).

And for those wanting a quick primer, Reuters offers this crib sheet of these parties’ respective economic platforms.

Political Recap: PQ Leads, but CAQ Is on the Rise

The Gazette, a leading Montreal newspaper, offers an excellent report on the dynamics of the 2012 Quebec election. The PQ leads (with around 33%), but is unpopular, and is now shifting its attacks from its Liberal opponents (who have slipped to third place) to the CAQ. Both the Liberals and PQ are polling in the high 20s, but the Liberals are slipping, while the CAQ is on the assent.

The possibility of the CAQ winning a three-way race against the PQ and Liberals is itself a historic and significant development in Quebec politics. As the discussion below of the parties respective platforms will reveal, the CAQ has the opportunity to push a drastically more conservative approach to government spending and taxing in a province where a majority of the voters favor left or center-left on economic policies. Oh, the joys of modified parliamentary systems!

The Economic Politics of Quebec: Left (PQ) vs. the Center-Left (Libs) vs. the Conservative (CAQ) 

Now while I can’t comment on previous governing records in Quebec, the Reuters report allows a few conclusions to be drawn of these parties economic plans. 

1. Balancing the Budget:  All three parties are committed to balancing the province’s budget by 2013-14. 
2. Spending:  The PQ and Liberals favor government spending, but the Liberals’ spending plans are half of those of the PQ. 
3. Taxes:  All three parties are pushing tax increases, but the CAQ’s revenue plans only increase the estate taxes of second homes.  But guess what?  This revenue goes to paying for an income tax cut.

Conclusion

PQ is pushing (by to use American standards) and pretty liberal economic plan, Liberals are pushing what could be viewed as a center-left plan, with the CAQ’s plan that would probably find a lot in common with the Republican economic platform.

And on a final note, I find myself a touch envious that when Quebec voters go to the polls next week, they'll actually know--to a surprising degree of detail--what policies they're voting for.  The U.S. 2012 election, for all the focus on the role of government in the economy, has yet to see either major party lay out any real details on government spending.