Common · Organizations
Generations Fund
Fund created by the Quebec government to reduce public debt
The Generations Fund is a fund created by the government of Quebec to reduce public debt and, in so doing, mitigate the intergenerational transfer of the debt burden. Enacted in 2006, the Act to reduce the debt and establish the Generations Fund targets a debt-to-GDP ratio of no more than 45% by fiscal year 2025-26.
From Wikipedia
The Generations Fund is a fund created by the government of Quebec to reduce public debt and, in so doing, mitigate the intergenerational transfer of the debt burden. Enacted in 2006, the Act to reduce the debt and establish the Generations Fund targets a debt-to-GDP ratio of no more than 45% by fiscal year 2025-26.
Text: Wikipédia, CC BY-SA 4.0. ·