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PQ Maps Path to Quebec Currency, Drawing Liberal Rebuke

The proposal would follow a sovereignty referendum with an expert commission guiding a long transition.

Overview

  • Paul St-Pierre Plamondon says a sovereign Quebec would establish its own currency and a central bank to set monetary policy.
  • The party outlines a gradual shift lasting at least 10 years, during which Quebec would keep using the Canadian dollar.
  • An independent commission would be created after a successful referendum to recommend implementation steps, with a Quebec currency called the most likely outcome.
  • The PQ evaluated keeping the Canadian dollar or adopting the U.S. dollar but argues those options would leave Quebec without monetary control, especially in crises.
  • Quebec Liberals denounced the plan as destabilizing, while the PQ pledges a first-term referendum after the October 2026 election and pursues plans to expand international offices to 38.