PQ estimates $130 million cost for independence referendum planned for 2029 or 2030

Parti Québécois Leader Paul St-Pierre Plamondon says a sovereignty referendum would cost at least $130 million if his party forms the next Quebec government on October 5, with the vote planned for 2029 or 2030.

The budget breaks into $20 million for consultations and studies—including a roving commission to examine a provisional constitution starting in 2027—and $110 million for holding the referendum itself. Plamondon acknowledged the cost could exceed $130 million if "unforeseen expenses" arise. "Holding an election, a referendum or any democratic exercise costs around $110 million," he said. "Being in a democracy has a price, but it's a way better system than other systems."

The referendum would proceed whether the PQ wins a majority or minority government. Plamondon has also committed to holding it only after U.S. President Donald Trump leaves office, framing Quebec's "intergovernmental relationship with Ottawa" as part of the independence project. If he becomes premier, he would appoint a minister responsible for the independence process—a new role that would replace the minister of Canadian relations—and has pledged not to expand that ministry's size.

Opposition leaders attacked the plan Friday. Quebec Liberal Leader Charles Milliard said the $130 million represents "misused money" that could fund nearly one million hours of home care, build three primary schools, or create 1,300 off-market housing units. Conservative Party Leader Éric Duhaime called the spending "out of touch" when "people are struggling to pay for groceries." CAQ Leader Christine Fréchette questioned the lack of transparency, noting the PQ had not yet released a full financial framework ahead of next week's debate.