After appointing a friend, Guy LeBlanc, to head Investissement Québec (IQ), Minister Pierre Fitzgibbon chose the state-owned company’s No. 2, Bicha Ngo, to take over the reins. • Also read: Future manager of the battery sector: The Legault government is looking for a new head of Investissement Québec • Also read: Three bosses earn more … [Read more…]
While the battery sector is still “very young,” the Legault government is looking for a new head of Investissement Québec (IQ). • Also read: Battery sector: “It is certain that it represents an economic risk,” acknowledges the CEO of Investissement Québec • Also read: Investissement Québec: Two executives are leaving the state’s finance department • … [Read more…]
The CEO of Investissement Québec (IQ) recognizes the “economic risk” of pouring more than $2.7 billion of public money into the battery sector, but assures that he has actually “done his homework” to all the risks understand, even if it was not the case Request a study on the subject. “It’s a damn good deal. … [Read more…]
Investissement Québec (IQ) risks losing $10 million from the bankruptcy of a small mining company operating in Abitibi. • Also read: Monarques shareholders approve sale to Yamana Gold • Also read: Abitibi-Témiscamingue: The Caisse is betting on the Beaufor gold mine The government’s treasury department loaned Monarch Mining $13.5 million in the 2021-2022 fiscal year … [Read more…]