The RTC is expected to face a 30 million deficit

The RTC is expected to face a $30 million deficit in 2024: Quebec City is imposing a tax on registration

The Réseau de transport de la Capitale (RTC) forecasts a deficit of $30 million in 2024. The City of Quebec has already asked the Quebec government to introduce a registration tax to finance transportation activities.

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The idea of ​​a municipal tax was put forward last year by Mayor Bruno Marchand and Quebec City Executive Committee Vice-President Pierre-Luc Lachance. The latter confirmed that the project was “under review” in January 2023.

On the sidelines of the Sustainable Mobility Policy Forum on Friday, RTC President Maude Mercier Larouche confirmed that an application had been submitted to the government.

“In Quebec there are taxation powers for additional revenue and I am thinking in particular of the registration tax. These are submitted requests that we hope will be implemented,” she argues.

While the Quebec government should absorb 20% of Quebec’s $2.5 billion deficit by 2028, according to the Quebec Urban Transport Association (ATUQ), they will have to be creative in finding the funds needed to operate to apply.

“Solutions must come from all parties, from the Quebec government, from transportation companies and even from the Union of Quebec Municipalities. [Il faut] Reduce the contribution of municipalities and ensure constant funding so that the same meeting is not held every year,” explains its general director Marc Denault.

More details to follow…

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