POLITICS

Highlights of Quebec's 2013-2014 budget

11/20/2012 04:17 EST | Updated 01/20/2013 05:12 EST
QUEBEC - Highlights of Quebec's 2013-14 budget, which was tabled Tuesday:

— The price of a carton of 200 cigarettes will climb by $4. The measure is expected to bring in an additional $130 million in 2013-14.

— A bottle of beer will cost three cents more, a bottle of wine 17 cents more and a bottle of spirits an extra 26 cents. The government believes it will collect an extra $100 million.

— Quebecers who earn more than $100,000 a year will see their income tax rise by 1.75 percentage points.

— Hydro-Quebec will lose 2,000 jobs through attrition.

— The province is expected to post a balanced budget on revenue of $72.4 billion.

— Capital investments will be capped at $9.5 billion a year, compared with the previously announced figure of $11 billion.

— Companies that invest $300 million or more in specific sectors will get a 10-year exemption from paying tax — a measure dubbed the ''Tax Holiday for Investments.''