Costco will arrive in Bas-Saint-Laurent after the sale of land that will allow it to open its first warehouse in the region, causing excitement and concern among retailers and the population. • Also read: T&T Supermarket: an Asian grocery store the size of a Costco in Montreal • Also read: Price increase for Costco members: … [Read more…]
The lack of snow in the Old Capital is impacting the tourism industry, while traffic is down compared to 2022. • Also read: Weather in Quebec: Cloudy but pleasant weather this holiday weekend The recent rain has saddened international tourists who have come to admire the magic of Old Quebec. “I couldn’t wait to see … [Read more…]
Despite the slowdown, the share of purchases of luxury properties, or those priced well above Quebec’s average price, has increased significantly since the pandemic. In Montreal, for example, transactions of houses priced above the $900,000 threshold have practically doubled since 2019, according to the Quebec Professional Association of Real Estate Agents (APCIQ). While they accounted … [Read more…]
In this bi-weekly column, we provide an overview of insider transactions and investments in Quebec companies. He gets $2.5 million thanks to options Bombardier CEO Eric Martel made a profit of more than $2.5 million by exercising stock options earlier this month. Mr. Martel took control of Bombardier in April 2020. Since that date, the … [Read more…]
Quebec is technically falling into recession, but the Legault government continues to talk about an economic slowdown. The Quebec Institute of Statistics (ISQ) has just published data for the third quarter of 2023. Gross domestic product (GDP) fell by 0.2%. In the previous quarter, GDP also fell, but by 0.4%. Since this is the second … [Read more…]
“It is impossible to answer this question at this point,” admitted the Ministry of Economic Affairs The newspaper wanted to know how many millions of dollars in public money Quebec could lose by restructuring the textile company Duvaltex. In three years (from 2018 to 2021), Duvaltex and its subsidiary Armfoam received loans worth $42 million … [Read more…]
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…]
AtkinsRéalis (formerly SNC-Lavalin) will participate and share its expertise in the design of the world’s largest modern city center in Riyadh, Saudi Arabia. • Also read: SNC-Lavalin changes its name to AtkinsRéalis The Quebec company was hired by the New Murabba Development Company (NMDC) to support the design of the New Murabba Project, a gigantic … [Read more…]
Here’s another revelation of the talents that abound in Quebec: the role-playing game (RPG). Sea of stars which won the award for Best Independent Game at the Game Awards 2023 (TGA) earlier this month now has more than 4 million players since its launch. The Game Awards List of candidates for the best independent game … [Read more…]
Here’s another revelation of the talent that abounds in Quebec, the game Sea of stars won the award for best independent game at the Game Awards 2023 (TGA) at the beginning of the month and now the Studio sabotage announced that the role-playing game (RPG) has more than 4 million players since its launch. List … [Read more…]